Tuweiq Farouq Salem Ali 4

What Happened Tuweiq Farouq Salem Ali, President, CEO and a director of Bel Fuse Inc. (BELFB), received an award of 5,081 restricted shares of Class B common stock on March 15, 2026. The shares were granted at $0 per share (i.e., a compensation grant rather than a market purchase) and therefore no cash was exchanged.

Key Details

• Transaction type: Award/Grant (Form 4 code A).
• Grant date: March 15, 2026; Filing date: March 17, 2026 (filed two days after the grant — appears timely under Form 4 rules).
• Shares granted: 5,081 restricted shares; price per share reported as $0.00.
• Vesting schedule (footnote): 1,694 shares vest March 15, 2027; 1,694 shares vest March 15, 2028; 1,693 shares vest March 15, 2029.
• Shares owned after transaction: not specified in the details provided in this summary.
• Footnote: The filing notes the number of shares held in the company's 401(k) Plan is estimated.

Context This was a compensation grant of restricted stock (not an open-market purchase or sale). Restricted shares typically vest over time and are intended for retention or long-term alignment with shareholders; they do not by themselves indicate a buy or sell decision by the insider.