IDT (NYSE: IDT) Form 144 lists vested Class B Common shares for potential sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
IDT filed a Form 144 reporting proposed sales of Class B Common shares through Morgan Stanley Smith Barney LLC. The notice lists multiple blocks of restricted stock that vested under a registered plan on specific dates. Examples include 5,985 shares vested 02/25/2025 and 5,000 shares vested 12/05/2024
Positive
- None.
Negative
- None.
Key Figures
Broker record: 1 New York Plaza, 8th Floor
Vested shares example: 5,985 shares
Vested shares example: 5,000 shares
+2 more
5 metrics
Broker record
1 New York Plaza, 8th Floor
Morgan Stanley Smith Barney LLC address on filing
Vested shares example
5,985 shares
vested on 02/25/2025 under a registered plan
Vested shares example
5,000 shares
vested on 12/05/2024 under a registered plan
Vested shares example
6,073 shares
vested on 01/05/2022 under a registered plan
Vested shares example
2,661 shares
vested on 05/17/2023 under a registered plan
Key Terms
Form 144, restricted stock vesting, registered plan
3 terms
Form 144 regulatory
"144: Securities To Be Sold Class B Common"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock vesting financial
"Restricted stock vesting under a registered plan 02/25/2025"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
registered plan regulatory
"Restricted stock vesting under a registered plan"
FAQ
What does IDT's Form 144 disclose?
It discloses proposed sales of Class B Common shares via Morgan Stanley Smith Barney LLC. The notice lists restricted stock that vested under a registered plan on specified dates with listed share counts.
Does the Form 144 show sales already completed for IDT?
No. Form 144 is a notice of proposed sale; it lists vesting dates and share counts but does not confirm completed trades or sale proceeds in the provided excerpt.
Who is the broker handling the proposed transactions in IDT's Form 144?
The filings identify Morgan Stanley Smith Barney LLC located at 1 New York Plaza, 8th Floor, New York, NY, as the broker-dealer handling the proposed transactions.