Form 4: Bel Fuse Inc. Executive Kozlovsky Reports Acquisition of Restricted Stock

Suzanne Kozlovsky, Global Head of People at Bel Fuse Inc., reports the acquisition of 1,674 shares of Class B Common Stock as part of a restricted stock grant.

Summary

• On March 15, 2024, Suzanne Kozlovsky, Global Head of People at Bel Fuse Inc., acquired 1,674 shares of Class B Common Stock.
• These shares were granted as restricted stock.
• The restricted shares vest in three equal installments of 558 shares on March 15, 2025, March 15, 2026, and March 15, 2027.
• Kozlovsky also indirectly owns 209 shares of Class A Common Stock through a 401(k) plan.
• Following the reported transaction, Kozlovsky directly owns 11,674 shares of Class B Common Stock.

Sentiment

Score: 6

Explanation: The document reflects a neutral event (stock grant) with positive implications for aligning management and shareholder interests.

Positives

• The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution to Bel Fuse Inc.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices.

Stakeholder Impact

• The stock grant could have a slightly positive impact on shareholder sentiment as it aligns management's interests with the company's performance.

Key Dates