Planned sale of 7,287 IDT (NYSE: IDT) Class B shares disclosed in filing
Rhea-AI Filing Summary
IDT Corporation filed a notice of proposed insider share sales under Rule 144. The filing covers a planned sale of 7,287 shares of Class B Common stock through Morgan Stanley Smith Barney LLC on or about 01/15/2026 on the NYSE, with an aggregate market value of $372,875.79.
The shares to be sold were acquired on 02/25/2025 through restricted stock vesting under a registered plan from the issuer as compensation for services rendered. Shares of Class B Common stock outstanding were 23,499,021 as of the figures shown; this is a baseline figure, not the amount being sold.
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FAQ
What does IDT's latest Form 144 filing disclose?
The Form 144 filing for IDT (symbol: IDT) discloses a proposed sale of 7,287 shares of Class B Common stock, with an aggregate market value of $372,875.79, to be sold on or about 01/15/2026 on the NYSE through Morgan Stanley Smith Barney LLC.
How many IDT Class B shares are planned to be sold and at what value?
The notice states that 7,287 Class B Common shares of IDT are planned for sale, with an aggregate market value of $372,875.79 as reflected in the filing.
How were the IDT shares in this Form 144 acquired?
The shares were acquired on 02/25/2025 as restricted stock vesting under a registered plan from the issuer, with the nature of payment described as services rendered.
On which exchange and through which broker will the IDT shares be sold?
The planned sale of IDT Class B Common shares is to be executed on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY 10004.
How many IDT Class B shares are outstanding in this Form 144?
The filing lists 23,499,021 shares of IDT Class B Common stock as outstanding, providing context for the proposed sale amount.
Does the IDT Form 144 mention when the sale is expected to occur?
Yes. The Form 144 indicates an approximate date of sale of 01/15/2026 for the 7,287 Class B Common shares.