secwatch.observer — SEC 8-K summary
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Issuer:     BEL FUSE INC /NJ (BELFA)
CIK:        0000729580
Form:       8-K
Filed at:   2026-07-02T20:37:17+00:00
Accession:  0001437749-26-022539
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bel Fuse increases CEO and CFO compensation effective June 1, 2026
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- CEO Farouq Tuweiq base salary raised to $725k (from $600k); target variable comp to $2.1M (from $1.6M) with 60% RSUs.
- CFO Lynn Hutkin base salary raised to $400k (from $300k); variable comp target to 150% of base (from 125%) with 45% RSUs.
- CEO long-term performance award increased to $1.875M (from $1.2M); CFO long-term award to 100% of base (from 75%).
- Amendments effective June 1, 2026; approved by compensation committee on July 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/729580/000143774926022539/0001437749-26-022539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/729580/000143774926022539/belfa20260701_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-022539

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer