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Pay vs Performance Disclosure - USD ($)
 12 Months Ended 60 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2025
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE
 

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. The disclosure included in this section is prescribed by SEC rules and does not necessarily align with how the Company or the Compensation Committee views the link between the Company’s performance and its NEOs’ pay.

 

The use of the term “compensation actually paid” (CAP) is required by the SEC’s rules. Neither CAP nor the total amount reported in the Summary Compensation Table (SCT) reflect the amount of compensation actually paid, earned or received during the applicable year. Per SEC rules, for our CEO and the average compensation actually paid to our non-CEO NEOs, CAP was calculated by adjusting the Summary Compensation Table Total values for the applicable year. For 2025, these amounts were determined using the adjustments as described in the footnotes to the following table.

 

 

                           

Value of Initial Fixed

$100 Investment Based

On:

      

Company

Selected

Measure

  

Year(1)

  

SCT Total Compensation

for CEO: Mr. Tuweiq

($)

  

Compensation

Actually Paid to

CEO: Mr. Tuweiq(5) 

($)

  

SCT Total Compensation

for Former CEO: Mr. Bernstein

($)

      

Compensation

Actually Paid to

CEO(5) 

($)

      

Average SCT

Total Compensation to Non-CEO

NEOs

($)

    

Average

Compensation

Actually Paid

to Non-CEO

NEOs

($)

  

Cumulative

TSR(2)

($)

    

Peer Group Cumulative TSR(2)

($)

    

Net Income

(in 000s)

($)

  

Revenue
(in 000s)

($)

  

2025

  

4,909,182

  

12,008,851

  

1,596,275

    

3,512,917

      

1,155,115

    

2,335,659

    

1,185.25

      

395.09

    

74,111

    

675,455

  

2024

  

-

  

-

  

2,012,189

      

2,403,369

      

817,026

    

1,130,212

    

574.48

      

128.84

    

49,192

    

534,792

  

2023

  

-

  

-

  

1,708,986

      

1,909,317

      

1,015,217

    

1,416,031

    

463.18

      

76.87

    

73,831

    

639,813

  

2022

  

-

  

-

  

825,075

      

1,098,573

      

784,722

    

873,491

    

226.84

      

43.20

    

52,689

    

654,233

  

2021

  

-

  

-

  

873,612

      

892,574

      

556,990

    

566,911

    

87.67

      

88.24

    

24,821

    

543,494

  

 

 

1.

The other NEOs (besides our CEO, Mr. Tuweiq and former CEO, Mr. Bernstein) were Mr. Bittner (all years), Mr. Tuweiq (2021-2024), Mr. Lai (2025 and 2024 only), Mr. Berry (2025 only), Mr. Dawson (2024 only), Ms. Hutkin (2025 only), Mr. Ackerman (2023, 2022 and 2021 only), Ms. Kozlovsky (2023 only), Mr. Cheung (2022 and 2021 only), and Mr. Brosious (2021 only).

 

 

2.

CAP reflects the “Total” compensation reported in the SCT for the applicable year, adjusted as set forth in the tables below for our CEO and for our non-CEO NEOs, respectively.

 

 

3.

Total shareholder returns ("TSRs") are based on an initial $100 investment, measured on a cumulative basis over 1, 2, 3, 4 & 5 year performance periods. Bel Fuse's TSR reflects class B shares only. The Peer Group comprises of Nasdaq-listed stocks (SIC 3670-3679 US + Foreign) in Electronic Components & Accessories. We use this Peer Group in the stock performance graph included in our Annual Report on Form 10-K.

 

 

4.

“Net income” is equivalent to “Net earnings” as reported in the Company’s financial statements.

 

 

5.

The following table describes the adjustments, each of which is required by Item 402(v), to calculate the CAP Amounts shown in the table above:

 

 

          
Adjustment To PEO Compensation, Footnote
 

2025
 

CEO

Mr. Tuweiq

($)

  

Former CEO

Mr. Bernstein

($)

  

Average of

Non-CEO NEOs

($)

Summary Compensation Table

4,909,182

  

1,596,275

  

1,155,115

  

Less: The amount shown as Stock Awards in the SCT

(3,299,751

)

(690,718

)

(477,328

)

Plus: Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year

8,663,354

  

1,535,693

  

1,099,630

  

Plus (Minus) Year-Over-Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years

1,434,669

  

898,782

  

350,258

  

Plus: Fair Value of Equity Awards Granted and Vested in the Year

-

  

-

  

-

  

Plus (Minus): Year-Over-Year Change in Fair Market Value of Awards Granted in Prior Years that Vested in the Year

301,397

  

172,885

  

89,716

  

Minus: Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year

-

  

-

  

-

  

Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included

-

  

-

  

-

  

Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans

-

  

-

  

-

  

Plus: Aggregate Service Cost and Prior Service Costs for Pension Plans

-

  

-

  

118,268

  

Compensation Actually Paid (as calculated)

12,008,851

  

3,512,917

  

2,335,659

  
                 

 

 

 

 

 

          
Non-PEO NEO Average Total Compensation Amount $ 1,155,115 $ 817,026 $ 1,015,217 $ 784,722 $ 556,990  
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,335,659 1,130,212 1,416,031 873,491 566,911  
Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid and Total Shareholder Return

 

Relative TSR is not a metric in our compensation plan. As a result, CAP for our CEO and Other NEOs is not directly influenced by TSR. The relationship between CAP and TSR is demonstrated by the following graph, as required by SEC rules:

 

 

capvtsr.jpg

 

          
Compensation Actually Paid vs. Net Income

Compensation Actually Paid and Net Income

Net income is not a metric in our compensation plan. As a result, CAP for our CEO and Other non-CEO NEOs is not directly influenced by net income. The relationship between CAP and net income is demonstrated by the following graph, as required:

 

capvni.jpg

 

 

          
Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid and Revenue

Revenue is a component of the Compensation Committee’s assessment of financial performance, driving annual and long-term pay outcomes going forward. As a result, CAP for our CEO and Other NEOs is influenced by Revenue, as demonstrated by the following graph:

 

 

capvrev.jpg

 

 

          
Tabular List, Table

Financial Performance Measures
 

We did not use any GAAP-derived financial performance measures outside of Net Income in 2021 to link CAP to Named Executive Officers during such fiscal year to our performance. The following table lists the financial performance measures that, in the Company’s assessment, represent the most important performance measures used to link CAP for our NEOs to Company performance in the covered years:
 

Revenue

Adjusted EBITDA*

Adjusted EBITDA Margin*

 

*Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures. For additional information regarding derivation, utilization and application of this measure in connection with our Incentive Compensation Program for 2025, please see the Compensation Discussion & Analysis section above.

          
Total Shareholder Return Amount $ 1,185.25 574.48 463.18 226.84 87.67  
Peer Group Total Shareholder Return Amount 395.09 128.84 76.87 43.2 88.24  
Net Income (Loss) $ 74,111,000 $ 49,192,000 $ 73,831,000 $ 52,689,000 $ 24,821,000  
Company Selected Measure Amount 675,455,000 534,792,000 639,813,000 654,233,000 543,494,000  
PEO Name Mr. Tuweiq         Mr. Bernstein
Measure:: 1            
Pay vs Performance Disclosure            
Name Adjusted EBITDA          
Measure:: 2            
Pay vs Performance Disclosure            
Name Adjusted EBITDA Margin          
CEO [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount $ 4,909,182 $ 0 $ 0 $ 0 $ 0  
PEO Actually Paid Compensation Amount 12,008,851 0 0 0 0  
Former CEO [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount 1,596,275 2,012,189 1,708,986 825,075 873,612  
PEO Actually Paid Compensation Amount 3,512,917 $ 2,403,369 $ 1,909,317 $ 1,098,573 $ 892,574  
Non-CEO NEOs [Member]            
Pay vs Performance Disclosure            
Non-PEO NEO Average Total Compensation Amount 1,155,115          
Non-PEO NEO Average Compensation Actually Paid Amount 2,335,659          
PEO | CEO [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | CEO [Member] | Aggregate Pension Adjustments Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | CEO [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (3,299,751)          
PEO | CEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 8,663,354          
PEO | CEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 1,434,669          
PEO | CEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | CEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 301,397          
PEO | CEO [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | CEO [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | Former CEO [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | Former CEO [Member] | Aggregate Pension Adjustments Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | Former CEO [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (690,718)          
PEO | Former CEO [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 1,535,693          
PEO | Former CEO [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 898,782          
PEO | Former CEO [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | Former CEO [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 172,885          
PEO | Former CEO [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
PEO | Former CEO [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
Non-PEO NEO | Non-CEO NEOs [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
Non-PEO NEO | Non-CEO NEOs [Member] | Aggregate Pension Adjustments Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 118,268          
Non-PEO NEO | Non-CEO NEOs [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (477,328)          
Non-PEO NEO | Non-CEO NEOs [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 1,099,630          
Non-PEO NEO | Non-CEO NEOs [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 350,258          
Non-PEO NEO | Non-CEO NEOs [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
Non-PEO NEO | Non-CEO NEOs [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 89,716          
Non-PEO NEO | Non-CEO NEOs [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0          
Non-PEO NEO | Non-CEO NEOs [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount $ 0