Lai Kenneth Koon Keung 4

What Happened
Kenneth K. K. Lai, Vice President of Asia Operations at Bel Fuse (BELFB), received a grant of 329 restricted Class B shares on March 15, 2026 (acquired at $0) and sold 552 shares in an open-market transaction on March 16, 2026 at $203.21 per share for proceeds of $112,172. The award is a restricted stock grant (not a purchase) and the sale was a disposition of existing shares.

Key Details

• Transactions reported: Grant of 329 restricted shares on 2026-03-15 (price $0.00); Sale of 552 shares on 2026-03-16 at $203.21/share (proceeds $112,172).
• Vesting (footnote): The 329 restricted shares vest 110 on 3/15/2027, 110 on 3/15/2028, and 109 on 3/15/2029.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 filed 2026-03-17 for transactions on 3/15–3/16; appears filed within the standard two-business-day window.
• No 10b5-1 plan, tax-withholding disposition, or other special handling is indicated in the filing.

Context

• The 329-share award is compensation subject to multi-year vesting and does not represent an immediate cash purchase.
• The 552-share sale was an open-market disposition (common for insiders to sell shares for diversification or other personal reasons); sales are less informative about positive insider sentiment than purchases.
• Retail investors should view the grant as typical executive compensation and the sale as a routine disposition unless combined with a broader pattern of insider buying or selling.