STOCK TITAN

[Form 4] IDT CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Joyce J. Mason, EVP and Corporate Secretary of IDT Corporation (IDT), reported a Section 16 filing reflecting equity changes dated 09/18/2025. The filing shows a grant of 2,000 Deferred Stock Units (DSUs) that convert into Class B common stock and vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with deferral options on the first two vesting dates. The DSU conversion rate depends on market price versus a grant price of $50.90, yielding between 0.5 and 4.0 shares per DSU; full vesting will result in 1,000 to 8,000 Class B shares issued. Following transactions and existing holdings, Ms. Mason beneficially owns disclosed Class B shares directly and indirectly: 21,764 held directly, plus additional shares held for spouse, son and a 401(k) plan, with specific totals shown in the filing.

Joyce J. Mason, EVP e Corporate Secretary di IDT Corporation (IDT), ha comunicato un filing di Sezione 16 datato 18/09/2025 che riflette cambiamenti azionari. Il documento mostra l’assegnazione di 2.000 Deferred Stock Units (DSU) che si trasformano in azioni ordinarie di Classe B e che vestono in modo rateale il 17/02/2026, il 16/02/2027 e il 15/02/2028, con opzioni di differimento sulle prime due date di vesting. Il tasso di conversione delle DSU dipende dal prezzo di mercato rispetto a un prezzo di grant di 50,90 USD, generando tra 0,5 e 4,0 azioni per DSU; al vesting completo saranno emesse da 1.000 a 8.000 azioni Classe B. Sulla base delle transazioni e delle partecipazioni esistenti, la signora Mason detiene azioni Classe B in modo beneficiario sia direttamente che indirettamente: 21.764 azioni detenute direttamente, più azioni aggiuntive detenute per coniuge, figlio e un piano 401(k), con i totali specifici indicati nel filing.

Joyce J. Mason, EVP y Secretaria Corporativa de IDT Corporation (IDT), informó una presentación de la Sección 16 con fecha 18/09/2025 que refleja cambios en la participación accionaria. El documento muestra una adjudicación de 2.000 Unidades de Acciones Diferidas (DSU) que se convierten en acciones ordinarias de Clase B y vencen de forma escalonada el 17/02/2026, el 16/02/2027 y el 15/02/2028, con opciones de aplazamiento en las dos primeras fechas de vencimiento. La tasa de conversión de DSU depende del precio de mercado frente a un precio de adjudicación de 50,90 USD, dando entre 0,5 y 4,0 acciones por DSU; el vesting completo resultará en la emisión de entre 1.000 y 8.000 acciones Clase B. Tras las transacciones y participaciones existentes, la señora Mason posee beneficiosamente acciones Clase B directa e indirectamente: 21.764 acciones en forma directa, además de acciones adicionales para el cónyuge, el hijo y un plan 401(k), con totales específicos señalados en el filing.

IDT Corporation의 EVP이자 기업 비서인 Joyce J. Mason은 2025년 9월 18일자로 제출된 섹션 16 filing에서 지분 변화가 반영됐다고 보고했습니다. 이 제출서는 2,000개의 Deferred Stock Units(DSU)이 Class B 보통주로 전환되며, 2026년 2월 17일, 2027년 2월 16일, 2028년 2월 15일에 비례 vesting되며, 앞의 두 vesting 날짜에는 이연 옵션이 있습니다. DSU 전환 비율은 시장가와 $50.90의 수여가를 비교한 결과에 따라 결정되며, DSU당 주식 수는 0.5~4.0주이고, 완전 vesting 시 1,000~8,000주의 Class B 주식이 발행됩니다. 거래 및 기존 보유를 반영하면 Mason 씨는 직접 및 간접적으로 클래스 B 주식을 보유하게 되며, 직접 21,764주를 보유하고 있으며, 배우자, 아들 및 401(k) 플랜을 위한 추가 주식도 포함된 총액이 filing에 명시되어 있습니다.

Joyce J. Mason, vice-présidente exécutive et secrétaire d’entreprise d’IDT Corporation (IDT), a communiqué une dépêche de la Section 16 datée du 18/09/2025 reflétant des changements de participation. Le document indique l’allocation de 2 000 unités d’actions différées (DSU) qui se convertissent en actions ordinaires de Classe B et qui acquièrent des droits au vesting de manière échelonnée le 17/02/2026, le 16/02/2027 et le 15/02/2028, avec des options de report sur les deux premières dates de vesting. Le taux de conversion des DSU dépend du prix de marché par rapport à un prix de subvention de 50,90 USD, générant entre 0,5 et 4,0 actions par DSU; le vesting complet donnera lieu à l’émission de 1 000 à 8 000 actions Classe B. Suite aux transactions et aux participations existantes, Mme Mason détient des actions Classe B directement et indirectement: 21 764 actions détenues directement, plus des actions supplémentaires détenues au nom du conjoint, d’un fils et d’un plan 401(k), avec des totaux spécifiques indiqués dans le filing.

Joyce J. Mason, EVP und Corporate Secretary der IDT Corporation (IDT), meldete eine Section-16-Einreichung vom 18.09.2025, die Änderungen am Eigentum widerspiegelt. Die Einreichung zeigt eine Zuteilung von 2.000 Deferred Stock Units (DSUs), die in Class B-Stammaktien umgewandelt werden und ab dem 17.02.2026, 16.02.2027 bzw. 15.02.2028 anteilig vesten, mit Aufschubsoptionen an den ersten beiden Vesting-Terminen. Der DSU-Umwandlungssatz hängt vom Marktpreis im Vergleich zu einem Grant-Preis von 50,90 USD ab und ergibt zwischen 0,5 und 4,0 Aktien pro DSU; vollständiges Vesting führt zur Ausgabe von 1.000 bis 8.000 Class B-Aktien. Nach Transaktionen und bestehenden Holdings besitzt Frau Mason direkt und indirekt gemeldete Class B-Aktien: 21.764 direkt gehaltene Aktien, zuzüglich weiterer Aktien im Namen des Ehepartners, eines Sohnes und eines 401(k)-Plans, mit den im Filing angegebenen Gesamtsummen.

أعلنت جويز ج. ميسون، نائب الرئيس التنفيذي وأمينة سر الشركة في IDT Corporation (IDT)، عن ملف من القسم 16 يُظهر تغييرات في الملكية بتاريخ 18/09/2025. يُظهر الملف منحة 2,000 وحدة أسهم مؤجلة (DSUs) تتحول إلى أسهم فئة B عادية وتكتسب الحقوق بالتقسيط في 17/02/2026 و16/02/2027 و15/02/2028، مع خيارات تأجيل في أول تاريخين من تاريخ الاستحقاق. معدل تحويل DSU يعتمد على سعر السوق مقارنة بسعر المنحة البالغ 50.90 دولار، مما ينتج بين 0.5 و4.0 أسهم لكل DSU؛ عند الاستحقاق الكامل ستُصدر من 1,000 إلى 8,000 سهم من فئة B. عقب المعاملات والملكيات القائمة، تملك السيدة ميسون أسهم فئة B بشكل مباشر وغير مباشر: 21,764 سهم مباشرة، إضافة إلى أسهم إضافية مملوكة باسم الزوج/الزوجة والابن وخطة 401(k)، مع إجماليات محددة مذكورة في الملف.

Joyce J. Mason,IDT Corporation(IDT)的执行副总裁兼企业秘书,提交了日期为 2025-09-18 的第16条款申报,反映股权变动。 该申报显示授予 2,000 个递延股票单位(DSU),可转换为 B 类普通股,并在 2026-02-17、2027-02-16 和 2028-02-15 分阶段归属,前两个归属日可选择递延。DSU 的转换率取决于市场价格与 50.90 美元的授予价之间的对比,每个 DSU 产生 0.5 至 4.0 股之间的股票;全面归属时将发行 1,000 至 8,000 股 B 类股票。结合交易及现有持股,Mason 女士直接及间接地持有披露的 B 类股票:直接持有 21,764 股,以及为配偶、儿子和 401(k) 计划所持有的额外股票,总量见申报文件中的具体数字。

Positive
  • Clear vesting schedule: DSUs vest ratably over three dates (02/17/2026, 02/16/2027, 02/15/2028) with documented deferral options
  • Explicit conversion mechanics: Conversion ratio tied to market price vs. $50.90 grant price, capped between 0.5 and 4.0 shares per DSU
  • Transparent ownership disclosure: Filing itemizes direct holdings and indirect holdings for spouse, son, and a 401(k) plan
Negative
  • None.

Insights

TL;DR: Routine executive equity grant with multi-year vesting and price-adjusted conversion; not an immediate cash event.

The 2,000 DSU grant is a deferred, equity-based compensation award that vests over three years and converts to Class B common stock based on defined price multipliers versus a $50.90 grant price. This structure aligns executive reward to future share price performance and spreads potential dilution over multiple years. The filing also discloses current direct and indirect beneficial ownership allocations, including shares held for family members and a 401(k) plan, which clarifies the reporting person’s ownership profile. The transaction appears procedural rather than a material corporate governance change.

TL;DR: Standard executive award with explicit vesting schedule and conversion caps; disclosure meets Section 16 transparency requirements.

The reported DSU award includes clear vesting dates, deferral options, and a defined conversion formula (0.5–4.0 shares per DSU depending on Market Price relative to the $50.90 grant price). Such terms are explicit and reduce ambiguity about future share issuance. The Form 4 also itemizes direct and indirect holdings (spouse, son, 401(k)), providing transparent beneficial ownership reporting. There are no disclosed departures, sales of large positions, or unusual transactions that would raise governance flags in this filing.

Joyce J. Mason, EVP e Corporate Secretary di IDT Corporation (IDT), ha comunicato un filing di Sezione 16 datato 18/09/2025 che riflette cambiamenti azionari. Il documento mostra l’assegnazione di 2.000 Deferred Stock Units (DSU) che si trasformano in azioni ordinarie di Classe B e che vestono in modo rateale il 17/02/2026, il 16/02/2027 e il 15/02/2028, con opzioni di differimento sulle prime due date di vesting. Il tasso di conversione delle DSU dipende dal prezzo di mercato rispetto a un prezzo di grant di 50,90 USD, generando tra 0,5 e 4,0 azioni per DSU; al vesting completo saranno emesse da 1.000 a 8.000 azioni Classe B. Sulla base delle transazioni e delle partecipazioni esistenti, la signora Mason detiene azioni Classe B in modo beneficiario sia direttamente che indirettamente: 21.764 azioni detenute direttamente, più azioni aggiuntive detenute per coniuge, figlio e un piano 401(k), con i totali specifici indicati nel filing.

Joyce J. Mason, EVP y Secretaria Corporativa de IDT Corporation (IDT), informó una presentación de la Sección 16 con fecha 18/09/2025 que refleja cambios en la participación accionaria. El documento muestra una adjudicación de 2.000 Unidades de Acciones Diferidas (DSU) que se convierten en acciones ordinarias de Clase B y vencen de forma escalonada el 17/02/2026, el 16/02/2027 y el 15/02/2028, con opciones de aplazamiento en las dos primeras fechas de vencimiento. La tasa de conversión de DSU depende del precio de mercado frente a un precio de adjudicación de 50,90 USD, dando entre 0,5 y 4,0 acciones por DSU; el vesting completo resultará en la emisión de entre 1.000 y 8.000 acciones Clase B. Tras las transacciones y participaciones existentes, la señora Mason posee beneficiosamente acciones Clase B directa e indirectamente: 21.764 acciones en forma directa, además de acciones adicionales para el cónyuge, el hijo y un plan 401(k), con totales específicos señalados en el filing.

IDT Corporation의 EVP이자 기업 비서인 Joyce J. Mason은 2025년 9월 18일자로 제출된 섹션 16 filing에서 지분 변화가 반영됐다고 보고했습니다. 이 제출서는 2,000개의 Deferred Stock Units(DSU)이 Class B 보통주로 전환되며, 2026년 2월 17일, 2027년 2월 16일, 2028년 2월 15일에 비례 vesting되며, 앞의 두 vesting 날짜에는 이연 옵션이 있습니다. DSU 전환 비율은 시장가와 $50.90의 수여가를 비교한 결과에 따라 결정되며, DSU당 주식 수는 0.5~4.0주이고, 완전 vesting 시 1,000~8,000주의 Class B 주식이 발행됩니다. 거래 및 기존 보유를 반영하면 Mason 씨는 직접 및 간접적으로 클래스 B 주식을 보유하게 되며, 직접 21,764주를 보유하고 있으며, 배우자, 아들 및 401(k) 플랜을 위한 추가 주식도 포함된 총액이 filing에 명시되어 있습니다.

Joyce J. Mason, vice-présidente exécutive et secrétaire d’entreprise d’IDT Corporation (IDT), a communiqué une dépêche de la Section 16 datée du 18/09/2025 reflétant des changements de participation. Le document indique l’allocation de 2 000 unités d’actions différées (DSU) qui se convertissent en actions ordinaires de Classe B et qui acquièrent des droits au vesting de manière échelonnée le 17/02/2026, le 16/02/2027 et le 15/02/2028, avec des options de report sur les deux premières dates de vesting. Le taux de conversion des DSU dépend du prix de marché par rapport à un prix de subvention de 50,90 USD, générant entre 0,5 et 4,0 actions par DSU; le vesting complet donnera lieu à l’émission de 1 000 à 8 000 actions Classe B. Suite aux transactions et aux participations existantes, Mme Mason détient des actions Classe B directement et indirectement: 21 764 actions détenues directement, plus des actions supplémentaires détenues au nom du conjoint, d’un fils et d’un plan 401(k), avec des totaux spécifiques indiqués dans le filing.

Joyce J. Mason, EVP und Corporate Secretary der IDT Corporation (IDT), meldete eine Section-16-Einreichung vom 18.09.2025, die Änderungen am Eigentum widerspiegelt. Die Einreichung zeigt eine Zuteilung von 2.000 Deferred Stock Units (DSUs), die in Class B-Stammaktien umgewandelt werden und ab dem 17.02.2026, 16.02.2027 bzw. 15.02.2028 anteilig vesten, mit Aufschubsoptionen an den ersten beiden Vesting-Terminen. Der DSU-Umwandlungssatz hängt vom Marktpreis im Vergleich zu einem Grant-Preis von 50,90 USD ab und ergibt zwischen 0,5 und 4,0 Aktien pro DSU; vollständiges Vesting führt zur Ausgabe von 1.000 bis 8.000 Class B-Aktien. Nach Transaktionen und bestehenden Holdings besitzt Frau Mason direkt und indirekt gemeldete Class B-Aktien: 21.764 direkt gehaltene Aktien, zuzüglich weiterer Aktien im Namen des Ehepartners, eines Sohnes und eines 401(k)-Plans, mit den im Filing angegebenen Gesamtsummen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MASON JOYCE J

(Last) (First) (Middle)
C/O IDT CORPORATION
520 BROAD STREET

(Street)
NEWARK NJ 07102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IDT CORP [ IDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock, par value $.01 per share 40,504(1) D
Class B Common Stock, par value $.01 per share 13,212 I By Self for Husband
Class B Common Stock, par value $.01 per share 30,213 I By Self for Son
Class B Common Stock, par value $.01 per share 4,502(2) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units (3) 09/18/2025 A 2,000 (3) 02/15/2028 Class B Common Stock 2,000 $0 2,000 D
Explanation of Responses:
1. Consists of 12,559 shares of Class B common stock issued upon the vesting of DSUs, 4,785 fully vested shares of Restricted Stock, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 21,764 shares held by the Reporting Person directly.
2. As of August 31, 2025.
3. Represents grant of 2,000 DSUs vesting ratably on 2/17/2026, 2/16/2027 and 2/15/2028, with the recipient having the option on 1/19/2026 and 1/18/2027 to defer vesting to the next scheduled vesting. The number of shares of Class B common stock that will be issued depends on the Market Price on the applicable vesting date as compared to the Grant Price of the DSUs ($50.90), with no less than 0.5 shares (Market Price less than $25.45) and no more than 4.0 shares (Market Price greater than $101.80), to be issued for each DSU vested. Upon vesting of all of the DSUs, between 1,000 and 8,000 shares of Class B common stock will have been issued. "Market Price" for each vesting date will be the greater of (i) the closing price for the Class B common stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Class B common stock for the 20 trading days ending with the trading day immediately prior to such vesting date.
Joyce J. Mason 09/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Joyce J. Mason report on the IDT (IDT) Form 4 dated 09/18/2025?

The Form 4 reports a grant of 2,000 DSUs on 09/18/2025 and discloses current direct and indirect holdings of Class B common stock.

When do the DSUs granted to the reporting person vest?

The DSUs vest ratably on 02/17/2026, 02/16/2027, and 02/15/2028, with deferral options on the first two vesting dates.

How will the 2,000 DSUs convert into IDT Class B common stock?

Conversion depends on Market Price vs. the $50.90 grant price, issuing between 0.5 and 4.0 shares per DSU, resulting in 1,000 to 8,000 shares upon full vesting.

What are the reporting person’s disclosed Class B holdings after the transaction?

The filing shows specific holdings including 21,764 shares held directly plus additional shares held for spouse, son, and via the 401(k); totals are listed in the Form 4.

What is Joyce J. Mason’s role at IDT as stated in the filing?

The filing identifies the reporting person as an Executive Vice President and Corporate Secretary of IDT.
IDT Corp

NYSE:IDT

IDT Rankings

IDT Latest News

IDT Latest SEC Filings

IDT Stock Data

1.56B
20.32M
13.79%
57.33%
1.73%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States
NEWARK