IDT (NYSE: IDT) insider plans $125,963 sale of 2,505 Class B shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
IDT Corporation has a planned sale of 2,505 shares of its Class B common stock through broker Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $125,963.93. The filing lists 23,499,021 shares of Class B common stock outstanding.
The 2,505 shares to be sold were originally acquired as gifts from affiliate Howard Jonas in multiple transactions dated between March 6, 2009 and November 10, 2021, with the donor’s acquisition date shown as March 15, 1996. The notice includes a representation that the seller does not know of any undisclosed material adverse information about IDT’s current or prospective operations.
Positive
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Negative
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FAQ
What does IDT's Form 144 filing disclose?
It discloses a planned sale of 2,505 shares of IDT Class B common stock with an aggregate market value of $125,963.93, to be sold on the NYSE through Morgan Stanley Smith Barney LLC.
What class of IDT (IDT) securities is being sold and on which exchange?
The filing covers Class B common stock of IDT, with the securities planned to be sold on the New York Stock Exchange (NYSE).
What representation does the seller make about IDT's information in this Form 144?
The seller represents that they do not know any material adverse information about IDT’s current or prospective operations that has not been publicly disclosed.