Form 4: BEL FUSE VP Sells Shares Under 10b5-1 Plan

Joseph Berry, VP and President of Magnetic Solutions at Bel Fuse Inc., reported sales of Class B Common Stock totaling 527 shares under a pre-arranged 10b5-1 trading plan.

Summary

• Joseph Berry, VP and President of Magnetic Solutions at Bel Fuse Inc. (BELFB), reported transactions involving the sale of Class B Common Stock.
• On November 17, 2025, 408 shares of Class B Common Stock were sold at a weighted average price of $144.2328 per share, with prices ranging from $139.84 to $148.72.
• On November 18, 2025, an additional 119 shares of Class B Common Stock were sold at a weighted average price of $141.9649 per share, with prices ranging from $138.46 to $144.27.
• These transactions were conducted pursuant to a Rule 10b5-1(c) trading plan.
• Following these sales, Joseph Berry directly beneficially owns 17,774 shares of Class B Common Stock.
• Additionally, Joseph Berry indirectly holds an estimated 1,360 shares of Class B Common Stock and 2,751 shares of Class A Common Stock through a 401(k) Plan.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to insider selling, but mitigated by the fact that the transactions were conducted under a pre-arranged 10b5-1 plan, suggesting routine portfolio management rather than a reaction to negative company-specific news.

Positives

• The sales were conducted under a Rule 10b5-1(c) plan, indicating they were pre-scheduled and not necessarily based on new, non-public information.

Negatives

• An insider, Joseph Berry, sold a total of 527 shares of Class B Common Stock.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This Form 4 filing reports routine insider stock sales by a company executive. It does not provide information directly related to broader industry trends or competitive landscape, focusing solely on personal stock transactions.

Comparison to Industry Standards

• Not applicable. This filing reports individual insider trading activity and does not contain information suitable for comparison to global industry benchmarks, projects, or competitor results.

Stakeholder Impact

• Shareholders may view insider selling, even under a 10b5-1 plan, with some caution, though the small volume relative to total holdings and the pre-planned nature typically limit significant negative impact on confidence.

Key Dates

Recommendation

The insider sales by Joseph Berry, while a disposition of shares, were executed under a Rule 10b5-1 plan. This suggests a pre-planned, routine diversification or liquidity event rather than a reaction to new, adverse company information. The volume of shares sold is also relatively small compared to the executive's remaining direct and indirect holdings. Without additional company-specific news or broader market context, these transactions alone do not warrant a change from a 'hold' recommendation.

Keywords

Bel Fuse Inc., BELFB, Form 4, Insider Trading, Joseph Berry, Stock Sale, 10b5-1 Plan, Class B Common Stock, Magnetic Solutions