IDT EVP sells 20,000 shares in open-market trade
IDT CORP executive Ash Menachem, EVP of Strategic & Legal Affairs, sold 20,000 shares of Class B Common Stock in an open-market transaction at $51.00 per share on April 14, 2026.
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Form Type
4
Rhea-AI Filing Summary
IDT CORP executive Ash Menachem, EVP of Strategic & Legal Affairs, sold 20,000 shares of Class B Common Stock in an open-market transaction at $51.00 per share on April 14, 2026. After the sale, he held 32,243 shares directly and 2,875 shares indirectly through a 401(k) plan.
The direct holdings include 4,456 shares issued upon the vesting of deferred stock units and 27,787 fully vested restricted stock shares as of March 31, 2026.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
2 txns
Insider
ASH MENACHEM
Role
EVP of Strategic&Legal Affairs
Sold
20,000 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, $.01 par value per share | 20,000 | $51.00 | $1.02M |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 32,243 shares (Direct);
Class B Common Stock, $.01 par value per share — 2,875 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Consists of 4,456 shares of Stock issued upon the vesting of DSUs and 27,787 fully vested shares of Restricted Stock.
- F2. As of March 31, 2026.
Key Figures
Shares sold: 20,000 shares
Sale price: $51.00 per share
Direct holdings after sale: 32,243 shares
+4 more
7 metrics
Shares sold
20,000 shares
Open-market sale on April 14, 2026
Sale price
$51.00 per share
Price for Class B Common Stock sale
Direct holdings after sale
32,243 shares
Class B Common Stock held directly after transaction
Indirect holdings after sale
2,875 shares
Class B Common Stock held via 401(k) plan
Vested DSU shares
4,456 shares
Issued upon vesting of deferred stock units as of March 31, 2026
Vested restricted stock
27,787 shares
Fully vested restricted stock as of March 31, 2026
Net share change
20,000 shares
Net reduction in holdings from reported sale
Key Terms
Class B Common Stock, open-market sale, 401(k) Plan, Deferred Stock Units, +1 more
5 terms
Class B Common Stock financial
"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.
open-market sale financial
"transaction_action: open-market sale at $51.0000 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) Plan financial
"Indirect ownership nature described as By 401(k) Plan"
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.
Deferred Stock Units financial
"shares of Stock issued upon the vesting of DSUs"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Restricted Stock financial
"27,787 fully vested shares of Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IDT (IDT) report for Ash Menachem?
IDT reported that EVP Ash Menachem executed an open-market sale of 20,000 shares of Class B Common Stock. The shares were sold at $51.00 per share on April 14, 2026, as disclosed in a Form 4 insider trading report.
What types of IDT (IDT) equity awards are included in Ash Menachem’s holdings?
His direct IDT holdings include 4,456 shares issued upon vesting of deferred stock units and 27,787 fully vested restricted stock shares. These equity awards form part of the 32,243 directly held Class B shares reported after the transaction.
What does the Form 4 indicate about derivative positions for IDT (IDT)?
The Form 4 derivative summary shows no remaining derivative positions such as options or warrants for Ash Menachem. All reported positions are in IDT Class B Common Stock, either held directly or indirectly through a 401(k) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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