8-K
filed May 28, 2026, 2:24 PM ET
ticker BELFA
CIK 0000729580
leadership
confidence high
sentiment neutral
materiality 0.60
Bel Fuse names Kenneth Lai as SVP ITDS; annual meeting approves 2026 equity plan
BEL FUSE INC /NJ
- Kenneth Lai named Senior Vice President ITDS, effective late Q2/early Q3 2026; responsibilities expanded to India/private label; no longer executive officer.
- Rita V. Smith and Jacqueline Brito elected as directors for three-year terms at May 26 annual meeting.
- Shareholders ratified Deloitte & Touche as auditor, approved executive compensation on advisory basis, and approved the 2026 Equity Compensation Plan.
- Shareholder proposal to allow Class A-to-Class B share conversion rights was rejected.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Kenneth Lai was named as Senior Vice President ITDS at BEL FUSE INC /NJ.
- Action
- named
- Role
- Senior Vice President ITDS
Exact text from the filing
on May 22, 2026, the Company determined to name Kenneth Lai as Senior Vice President ITDS, effective late second quarter or early third quarter of 2026. In this role, Mr. Lai’s responsibilities expand to include the Company’s India and private label operations, in addition to China and other Asia locations. As a result of this change in responsibilities, Mr. Lai is no longer determined to be an “executive officer” or “officer” of the Company as defined in Rules 3b-7 and 16a-1(f) under the Securities Exchange Act of 1934, as amended, respectively.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BEL FUSE INC /NJ shareholders rejected A shareholder proposal to provide Class A Common Shareholders with the right to convert their shares into Class B Common Stock at the 2026-05-26 meeting.
- Outcome
- failed
- Meeting
- 2026-05-26
Exact text from the filing
Proposal 5: A shareholder proposal to provide Class A Common Shareholders with the right to convert their shares into Class B Common Stock. This proposal was rejected by the following votes: For Against Abstentions Broker Non-Votes 736,905 1,016,457 2,539 158,418
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BEL FUSE INC /NJ shareholders approved The ratification of the designation of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-26 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-26
Exact text from the filing
Proposal 2: The ratification of the designation of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026. This proposal was approved by the following votes: For Against Abstentions 1,785,986 428 127,905
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BEL FUSE INC /NJ shareholders approved The approval, on an advisory basis, of the executive compensation of the Company's named executive officers at the 2026-05-26 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-26
Exact text from the filing
Proposal 3: The approval, on an advisory basis, of the executive compensation of the Company's named executive officers. This proposal was approved by the following votes: For Against Abstentions Broker Non-Votes 1,564,823 20,528 170,550 158,418
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BEL FUSE INC /NJ shareholders approved Election of two nominees to serve as directors for three-year terms at the 2026-05-26 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-26
Exact text from the filing
Proposal 1 : The election of two nominees to serve as directors for three-year terms. The directors were elected by the following votes: Name For Withheld Broker Non-Votes Rita V. Smith 1,339,144 416,757 158,418 Jacqueline Brito 1,303,369 452,532 158,418
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BEL FUSE INC /NJ shareholders approved The approval of the 2026 Equity Compensation Plan (previously approved by the board of directors of the Company) (the "2026 Plan") at the 2026-05-26 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-26
Exact text from the filing
Proposal 4: The approval of the 2026 Equity Compensation Plan (previously approved by the board of directors of the Company) (the "2026 Plan"). This proposal was approved by the following votes: For Against Abstentions Broker Non-Votes 1,571,450 13,739 170,712 158,418
View on SEC.gov
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