Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
Bel Fuse Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
077347201
(CUSIP Number)
December 31, 2023
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for the reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 077347201
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1
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Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
TETON Westwood Funds – TETON Westwood Mighty Mites Fund I.D. No. 13-3999033
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2
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Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)
(b) X
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3
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Sec use only
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4
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Citizenship or place of organization
Massachusetts
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Number Of
Shares
Beneficially
Owned
By Each
Reporting
Person
With
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: 5
:
:
:
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Sole voting power
75,300
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: 6
:
:
:
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Shared voting power
None
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: 7
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:
:
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Sole dispositive power
75,300
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:8
:
:
:
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Shared dispositive power
None
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9
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Aggregate amount beneficially owned by each reporting person
75,300
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10
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Check box if the aggregate amount in row (9) excludes certain shares
(SEE INSTRUCTIONS)
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11
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Percent of class represented by amount in row (9)
3.52%
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12
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Type of reporting person (SEE INSTRUCTIONS)
IV
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Item 1(a). Name of Issuer
Bel Fuse Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices
206 Van Vorst Street
Jersey City, NJ 07302
Item 2(a). Name of Person Filing
TETON Westwood Funds – TETON Westwood Mighty Mites Fund (the “Reporting Person”)
Item 2(b). Address of Principal Business Offices
One Corporate Center, Rye, N.Y. 10580
Item 2(c). Citizenship
Massachusetts
Item 2(d). Title of Class of Securities
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Class A Common Stock
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Item 2(e). CUSIP No.
077347201
Item 3.
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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a.
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[ ] Broker or dealer registered under Section 15 of the Act;
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b.
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[ ] Bank as defined in Section 3(a)(6) of the Act;
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c.
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[ ] Insurance company as defined in Section 3(a)(19) of the Act;
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d.
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[X] Investment company registered under Section 8 of the Investment Company Act of 1940;
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e.
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[ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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f.
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[ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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g.
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[ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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h.
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[ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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i.
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[ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
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j.
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[ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
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k.
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[ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____
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Item 4. Ownership
The aggregate number of Securities to which this Schedule 13G relates is 75,300 shares, representing 3.52% of the 2,141,589 shares outstanding as reported in the Issuer’s most recent Form 10-Q for
the quarterly period ended September 30, 2023.
In accordance with the policies and procedures of the Reporting Person, the proxy voting committee of the Reporting Person exercises in its sole discretion the entire voting power with respect to
all shares of the Issuer held and to be held by the Reporting Person until such committee otherwise determines. The proxy voting committee, which is a committee of the Board of Trustees of the Reporting Person consisting entirely of independent
trustees, also has sole dispositive power over such shares.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [X].
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on by the Parent Holding Company or Control Person
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are
not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: January 16, 2024
TETON WESTWOOD FUNDS -
TETON WESTWOOD MIGHTY MITES FUND
By: /s/ John Ball ____
John Ball
President
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