IDT Corp chair Jonas gifts 1,165 Class B shares
IDT’s chairman reported a bona fide gift of Class B shares while retaining substantial direct and indirect ownership positions.
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Form Type
4
Rhea-AI Filing Summary
IDT CORP (IDT) director, officer and ten percent owner Howard S. Jonas reported a bona fide gift of 1,165 shares of Class B Common Stock on August 31, 2026. Following this gift, he holds 45,388 Class B shares directly and additional Class B and Class A shares through various trusts, entities and a 401(k) plan.
Insider Trade Summary
1,165 shares gifted
Gift
7 txns
Insider
JONAS HOWARD S
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock, $.01 par value per share | 1,165 | $0.00 | $0.00 |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share F1 | -- | -- | -- |
| holding | Class A Common Stock, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 45,388 shares (Direct);
Class B Common Stock, $.01 par value per share — 1,811,711 shares (Indirect, By HSJ 2019 Remainder Trust);
Class B Common Stock, $.01 par value per share — 342,779 shares (Indirect, By Chartwell Holding LLC);
Class B Common Stock, $.01 par value per share — 197,641 shares (Indirect, By The Jonas Foundation);
Class B Common Stock, $.01 par value per share — 114,106 shares (Indirect, By Debbie Y. Jonas 2018 Dynasty Trust);
Class B Common Stock, $.01 par value per share — 3,826 shares (Indirect, By 401(k) Plan);
Class A Common Stock, $.01 par value per share — 1,574,326 shares (Indirect, By IDT A Partners, L.P.)
Footnotes (1)
- F1. As of August 31, 2026.
Key Figures
Gifted Class B shares: 1,165 shares
Direct Class B holdings after transaction: 45,388 shares
Class B held by HSJ 2019 Remainder Trust: 1,811,711 shares
+5 more
8 metrics
Gifted Class B shares
1,165 shares
Bona fide gift of Class B Common Stock on August 31, 2026
Direct Class B holdings after transaction
45,388 shares
Direct ownership of Class B Common Stock following the August 31, 2026 gift
Class B held by HSJ 2019 Remainder Trust
1,811,711 shares
Indirect ownership reported as of August 31, 2026
Class B held by Chartwell Holding LLC
342,779 shares
Indirect ownership position associated with Howard S. Jonas
Class B held by The Jonas Foundation
197,641 shares
Indirect Class B holdings associated with Howard S. Jonas
Class B held by Debbie Y. Jonas 2018 Dynasty Trust
114,106 shares
Indirect Class B holdings associated with Howard S. Jonas
Class B held in 401(k) Plan
3,826 shares
Indirect Class B holdings in a 401(k) plan as of August 31, 2026
Class A held by IDT A Partners, L.P.
1,574,326 shares
Indirect Class A Common Stock holdings associated with Howard S. Jonas
Key Terms
bona fide gift, indirect ownership, Class B Common Stock, 401(k) Plan
4 terms
bona fide gift financial
"Transaction code indicates a bona fide gift of Class B shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Several entries report indirect ownership through trusts and entities"
Class B Common Stock financial
"Security title is Class B Common Stock, $.01 par value per share"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
401(k) Plan financial
"Indirect Class B holdings reported by 401(k) Plan as of August 31, 2026"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IDT (IDT) report for Howard S. Jonas on August 31, 2026?
Howard S. Jonas reported a bona fide gift of 1,165 shares of IDT Class B Common Stock on August 31, 2026, with no per-share price reported, reflecting a disposition by gift rather than a market sale or purchase.
What indirect Class B holdings associated with Howard S. Jonas are disclosed in this IDT (IDT) Form 4?
Indirect Class B holdings include 1,811,711 shares by HSJ 2019 Remainder Trust, 342,779 by Chartwell Holding LLC, 197,641 by The Jonas Foundation, 114,106 by Debbie Y. Jonas 2018 Dynasty Trust, and 3,826 shares in a 401(k) plan as of August 31, 2026.
What indirect Class A ownership in IDT (IDT) is reported for Howard S. Jonas?
The filing reports 1,574,326 shares of Class A Common Stock held indirectly by IDT A Partners, L.P., associated with Howard S. Jonas.
Was the IDT (IDT) gift transaction by Howard S. Jonas made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the August 31, 2026 gift was made pursuant to a Rule 10b5-1 trading plan.
What roles does Howard S. Jonas hold at IDT (IDT) according to this Form 4?
Howard S. Jonas is identified as a director, an officer with the title Chairman, and a ten percent owner of IDT CORP in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
