Bel Fuse Inc. Files 8-K: Board & Compensation Updates
Ticker: BELFB · Form: 8-K · Filed: Jul 2, 2024 · CIK: 729580
| Field | Detail |
|---|---|
| Company | Bel Fuse Inc /Nj (BELFB) |
| Form Type | 8-K |
| Filed Date | Jul 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing
TL;DR
Bel Fuse Inc. 8-K: Board changes and exec comp updates filed July 1st.
AI Summary
On July 1, 2024, Bel Fuse Inc. /NJ filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing also includes information regarding Regulation FD disclosures and financial statements, with the earliest event reported being July 1, 2024.
Why It Matters
This filing signals potential shifts in corporate governance and executive incentives at Bel Fuse Inc., which could influence future strategic decisions and financial performance.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting changes in directors and compensation, with no immediate negative financial implications apparent.
Key Players & Entities
- Bel Fuse Inc. /NJ (company) — Registrant
- July 1, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not specify the names or exact nature of these changes within the provided text.
What are the key items reported in this 8-K filing?
The key items reported are: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; and Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on July 1, 2024.
What is the Standard Industrial Classification (SIC) code for Bel Fuse Inc.?
The SIC code for Bel Fuse Inc. is 3677, which corresponds to 'ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS'.
In which state was Bel Fuse Inc. incorporated?
Bel Fuse Inc. was incorporated in New Jersey (NJ).
Filing Stats: 746 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-07-02 16:07:52
Key Financial Figures
- $0.10 — hich Registered Class A Common Stock ($0.10 par value) BELFA Nasdaq Global Sele
Filing Documents
- belfb20240701_8k.htm (8-K) — 37KB
- ex_694526.htm (EX-99.1) — 11KB
- image00001.jpg (GRAPHIC) — 9KB
- 0001437749-24-021957.txt ( ) — 210KB
- belfb-20240701.xsd (EX-101.SCH) — 4KB
- belfb-20240701_def.xml (EX-101.DEF) — 13KB
- belfb-20240701_lab.xml (EX-101.LAB) — 17KB
- belfb-20240701_pre.xml (EX-101.PRE) — 13KB
- belfb20240701_8k_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On July 1, 2024, the Company issued a press release confirming Mr. Ackerman's retirement from the Company and the commencement of Mr. Dawson's tenure as President of Bel's Power Solutions and Protection segment, as described in Item 5.02 of this Current Report on Form 8-K. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Current Report on Form 8-K under Item 7.01, including the information contained in Exhibit 99.1, is being furnished to the Securities and Exchange Commission, and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release issued by Bel Fuse Inc., dated July 1, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 2, 2024 BEL FUSE INC. (Registrant) By: /s/ Daniel Bernstein Daniel Bernstein President and Chief Executive Officer EXHIBIT INDEX Exhibit No. Description 99.1 Press release issued by the Company, dated July 1 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).