IDT Corporation (NYSE: IDT) 2025 meeting elects board, expands equity plan
Rhea-AI Filing Summary
IDT Corporation reported results of its 2025 Annual Meeting of Stockholders held on December 11, 2025. Stockholders elected all five nominees to the Board of Directors for one-year terms, with support levels generally above 86% of votes cast. For example, Elaine S. Yatzkan received 5,731,523 votes for, 536,961 against, 1,467 abstentions, and 91.41% support.
Stockholders also approved an amendment to the IDT Corporation 2024 Equity Incentive Plan to increase the number of shares of Class B common stock available for awards by 175,000. This proposal received 5,359,038 votes for, 895,690 against, 15,323 abstentions, and 85.47% of votes cast in favor.
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FAQ
What did IDT (IDT) stockholders vote on at the 2025 annual meeting?
Stockholders voted on electing five nominees to the Board of Directors for one-year terms and on approving an amendment to the 2024 Equity Incentive Plan increasing available Class B shares for awards by 175,000.
Were IDT (IDT) director nominees elected and how strong was support?
All five director nominees were elected. Support exceeded roughly 86% of votes cast for each nominee, with Elaine S. Yatzkan receiving 5,731,523 votes for and 91.41% support.
What change was approved to the IDT (IDT) 2024 Equity Incentive Plan?
Stockholders approved an amendment to the IDT Corporation 2024 Equity Incentive Plan that increases the number of shares of Class B common stock available for the grant of awards by 175,000.
How many votes supported the IDT (IDT) equity incentive plan amendment?
The equity plan amendment received 5,359,038 votes for, 895,690 against, 15,323 abstentions, and 0 broker non-votes, representing 85.47% of votes cast in favor.
When was the IDT (IDT) 2025 Annual Meeting of Stockholders held?
The 2025 Annual Meeting of Stockholders for IDT Corporation was held on December 11, 2025.
Which class of IDT (IDT) stock is covered by the equity plan increase?
The amendment increases the number of shares of Class B common stock available for the grant of awards under the 2024 Equity Incentive Plan by 175,000 shares.