{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-017985","form_type":"8-K","ticker":"BELFA","cik":"0000729580","company_name":"BEL FUSE INC /NJ","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.121691+00:00","generated_at":"2026-05-20T23:12:19.053571+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Bel Fuse appoints Lynn Hutkin as CFO effective May 27, 2025","bullets":["Lynn Hutkin promoted from VP of Financial Reporting & Investor Relations to CFO, succeeding Farouq Tuweiq who becomes CEO.","Base salary of $300,000, target annual variable compensation of 125% of Base Salary (0-200% range).","Eligible for annual long-term performance award of 75% of Base Salary; severance includes 12 months Base Salary if terminated without Cause.","Employment agreement includes confidentiality, non-compete, non-solicitation, and clawback provisions.","Appointment effective immediately following the 2025 Annual Meeting on May 27, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-017985","json":"https://secwatch.observer/filing/0001437749-25-017985.json","markdown":"https://secwatch.observer/filing/0001437749-25-017985.md","text":"https://secwatch.observer/filing/0001437749-25-017985.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/belfb20250519_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T23:12:19.053571+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22754e1d3b","claim":"Farouq Tuweiq was appointed as President and Chief Executive Officer at BEL FUSE INC /NJ.","evidence_excerpt":"Farouq Tuweiq (“ Mr. Tuweiq ”), Bel’s current Chief Financial Officer (“ CFO ”), principal financial officer and Treasurer, was appointed to succeed Daniel Bernstein as the Company’s President and Chief Executive Officer, effective immediately following the Company’s 2025 Annual Meeting","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed to succeed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"30cc073fc7","claim":"Farouq Tuweiq was appointed as Director at BEL FUSE INC /NJ.","evidence_excerpt":"the Board approved the expansion of the Board to ten directors and the appointment of Mr. Tuweiq as a director on the Board, effective as of the date of the 2025 Annual Meeting","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b4deca57fa","claim":"Lynn Hutkin was appointed as Chief Financial Officer at BEL FUSE INC /NJ.","evidence_excerpt":"On May 20, 2025, the Board appointed Lynn Hutkin (“ Ms. Hutkin ”), currently Bel’s Vice President of Financial Reporting and Investor Relations, as the Company’s new CFO, effective immediately following the 2025 Annual Meeting","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}