BEL FUSE INC /NJ — Form 8-K
Filed July 2, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Bel Fuse amended employment agreements for CEO Farouq Tuweiq and CFO Lynn Hutkin, effective June 1, 2026. Tuweiq's base salary increased to $725,000, annual variable compensation to $2,100,000 (40% cash/60% RSUs), and long-term performance awards to $1,875,000 annually. Hutkin's base salary set at $400,000 with 150% variable compensation target (55% cash/45% RSUs) and 100% long-term performance award percentage.
Why this rating
Executive comp adjustments are routine; total annual commitment ~$4.7M for both executives is ~0.4% of $1.2B market cap—immaterial in absolute terms relative to company size.
View original filing on SEC.gov ↗
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