Home / Auditor changes / BEL FUSE INC /NJ
Filed 2025-12-10 路 Form 8-K 路 Accession 0001437749-25-037380 mid
Price before filing: $145.2 (2025-12-09 close, split/dividend-adjusted)
Market cap at flag: $2.14B (2025-12-10) 路 Latest: $2.82B (2026-10-16)
| Window | BELFA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +15.6% | +1.9% | +13.7% | 2026-01-09 |
| 90 days | +23.8% | -0.6% | +24.4% | 2026-03-10 |
| 180 days | +70.1% | +8.8% | +61.3% | 2026-06-08 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 3 insiders sold $866K (6 sales)
30 days after: 1 insider sold $848K (4 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-11-17 | BERNSTEIN DANIEL Director, 10% owner | Sale | 2,323 | $144.23 | $335K | no | Form 4 |
| 2025-11-17 | Berry Joseph VP, Pres of Magnetic Solutions | Sale | 408 | $144.23 | $59K | no | Form 4 |
| 2025-11-17 | Lai Kenneth Koon Keung VP of Asia Operations | Sale | 1,936 | $144.23 | $279K | no | Form 4 |
| 2025-11-18 | BERNSTEIN DANIEL Director, 10% owner | Sale | 677 | $141.96 | $96K | no | Form 4 |
| 2025-11-18 | Berry Joseph VP, Pres of Magnetic Solutions | Sale | 119 | $141.96 | $17K | no | Form 4 |
| 2025-11-18 | Lai Kenneth Koon Keung VP of Asia Operations | Sale | 564 | $141.96 | $80K | no | Form 4 |
| 2025-12-10: red flag filed | |||||||
| 2025-12-12 | Hutkin Lynn Chief Financial Officer | Sale | 2,521 | $168.71 | $425K | no | Form 4 |
| 2025-12-12 | Hutkin Lynn Chief Financial Officer | Sale | 1,079 | $169.49 | $183K | no | Form 4 |
| 2025-12-12 | Hutkin Lynn Chief Financial Officer | Sale | 700 | $171.39 | $120K | no | Form 4 |
| 2025-12-12 | Hutkin Lynn Chief Financial Officer | Sale | 700 | $171.74 | $120K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-09-11 to 2026-01-09. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"Grant Thornton was previously engaged to audit the Company's consolidated financial statements for the year ending December 31, 2025."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: no
Former auditor: Grant Thornton LLP · New auditor: Deloitte & Touche LLP
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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