Companies BEL Fuse Inc /NJ
BEL Fuse Inc /NJ (BEL): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me BEL Fuse Inc /NJ’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO pay, last three years
- $4,909,182FY2025
CEO total pay was $4,909,182 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $509,711 · bonus $0 · stock awards $3,299,751 · option awards $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Farouq Tuweiq | $509,711 | $0 | $3,299,751 | $0 | $1,000,000 | $0 | $99,720 | $4,909,182 |
| President and Chief Executive Officer (Former Chief Financial Officer and Treasurer) | ||||||||
| Lynn Hutkin | 263,885 | 0 | 981,557 | 0 | 246,094 | 91,103 | 19,684 | 1,602,323 |
| Chief Financial Officer, Treasurer and Secretary Peter Bittner III, Former President of Bel Connectivity Solutions Peter Bittner III, Former President of Bel Connectivity Solutions | ||||||||
| Daniel Bernstein | 243,458 | 0 | 690,718 | 0 | 281,250 | 0 | 380,849 | 1,596,275 |
| Former President and Chief Executive Officer | ||||||||
| Joseph Berry | 220,000 | 0 | 785,136 | 0 | 123,750 | 119,585 | 17,414 | 1,265,885 |
| Former President of Bel Magnetic Solutions | ||||||||
| Kenneth Lai | 225,000 | 0 | 21,771 | 0 | 194,063 | 67,955 | 480,055 | 988,844 |
| Vice President of Asia Operations | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Farouq Tuweiq | $4,909,182 | — | — | — |
| Lynn Hutkin | 1,602,323 | — | — | — |
| Daniel Bernstein | 1,596,275 | — | — | — |
| Joseph Berry | 1,265,885 | — | — | — |
| Kenneth Lai | 988,844 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The executive compensation program is designed to support a high-performing organization by rewarding both company and individual performance, remain competitive in the market to attract and retain talent, align executive interests with those of the Company and shareholders, achieve results aligned with Bel’s culture, and effectively manage the total cost of the program including reasonable levels of dilution.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Bittner | PSU | 3,206 | — | $543,834 |
| Lynn Hutkin | PSU | 3,552 | — | 602,526 |
| Kenneth Lai | PSU | 7,699 | — | 1,305,981 |
| Joseph Berry | PSU | 12,460 | — | 2,113,590 |
| Lynn Hutkin | RSU | 15,295 | — | 2,594,491 |
| Daniel Bernstein | PSU | 19,348 | — | 3,282,001 |
| Farouq Tuweiq | PSU | 32,472 | — | 5,508,225 |
| Farouq Tuweiq | RSU | 37,206 | — | 6,311,254 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | $30,938 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 3,750 / 1,875 |
| Stock ownership guideline | — |
Peer group, and who names BEL Fuse Inc /NJ as a peer
Companies that benchmark against BEL
No companies currently name BEL as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | BEL Fuse Inc /NJ | 2025 | Farouq Tuweiq | $509,711 | $3,299,751 | $0 | $1,000,000 | $4,909,182 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 692 : 1 |
|---|---|
| CEO total compensation | $6,207,957 |
| Median employee compensation | $8,977 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (7 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Farouq Tuweiq. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · page 32. As printed: 4,909,182. View filing ↗
- Section 01, Lynn Hutkin. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · page 32. As printed: 1,602,323. View filing ↗
- Section 01, Daniel Bernstein. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · page 32. As printed: 1,596,275. View filing ↗
- Section 01, Joseph Berry. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · page 32. As printed: 1,265,885. View filing ↗
- Section 01, Kenneth Lai. DEF 14A, filed 2026-04-10. Section “Executive Compensation” · page 32. As printed: 988,844. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-10. Section “CEO Pay Ratio”. As printed: 692 : 1. View filing ↗
- BEL Fuse Inc /NJ (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in BEL Fuse Inc /NJ's own proxy. As printed: 4,909,182. View filing ↗