IDT (IDT) stockholder plans Rule 144 sale of 21,092 Class B shares

Rhea-AI Filing Summary

IDT Corporation stockholder filed a notice to sell 21,092 shares of Class B Common Stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $1,102,824.75. The filing indicates that IDT had 23,499,021 shares of Class B Common Stock outstanding when this notice was prepared, which is a baseline share count, not the amount being sold.

The shares to be sold were originally acquired through restricted stock vesting under a registered plan from the issuer, including 7,650 shares on 01/05/2022 and 13,442 shares on 01/05/2021, both as consideration for services rendered. The seller represents that they are not aware of any undisclosed material adverse information about IDT’s current or prospective operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class B Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	21092	1102824.75	23499021	01/08/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class B Common	01/05/2022	Restricted stock vesting under a registered plan	Issuer			7650	01/05/2022	Services Rendered
Class B Common	01/05/2021	Restricted stock vesting under a registered plan	Issuer			13442	01/05/2021	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the latest Form 144 filing reveal about IDT (IDT)?

The notice shows a stockholder plans to sell 21,092 shares of IDT Class B Common Stock on the NYSE, with an aggregate market value of $1,102,824.75, under Rule 144.

How many IDT Class B shares are involved in this planned Rule 144 sale?

The filing covers a proposed sale of 21,092 shares of IDT Class B Common Stock, to be executed through Morgan Stanley Smith Barney LLC on the NYSE.

What is the market value of the IDT (IDT) shares covered by this Form 144?

The Form 144 lists an aggregate market value of $1,102,824.75 for the 21,092 Class B shares proposed to be sold.

How many IDT Class B shares were outstanding at the time of this notice?

The document states that 23,499,021 shares of IDT Class B Common Stock were outstanding when the notice was prepared; this is a baseline figure, not the sale amount.

How were the IDT shares in the Form 144 originally acquired?

The shares were acquired as restricted stock vesting under a registered plan from the issuer, including 7,650 shares on 01/05/2022 and 13,442 shares on 01/05/2021 as payment for services rendered.

Does the Form 144 for IDT indicate any undisclosed negative information about the company?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about IDT’s current or prospective operations that has not been publicly disclosed.