Director at IDT (IDT) receives 673 restricted stock shares that vest immediately
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONKLING WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
IDT CORP director William Conkling received a grant of 673 shares of Class B Common Stock as restricted stock that vested immediately. The award price was $55.75 per share, and following this grant he directly holds 673 fully vested shares. This is a compensation-related equity award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONKLING WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, $.01 par value per share | 673 | $55.75 | $38K |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 673 shares (Direct, null)
Footnotes (1)
- Grant of Restricted Stock that vests in full immediately. Consists of fully vested shares of Restricted Stock.
Key Figures
Restricted stock shares granted: 673 shares
Grant price per share: $55.75 per share
Shares held after transaction: 673 shares
3 metrics
Restricted stock shares granted
673 shares
Grant of Class B Common Stock on June 9, 2026
Grant price per share
$55.75 per share
Value used for restricted stock award
Shares held after transaction
673 shares
Direct Class B Common Stock holdings following grant
Key Terms
Restricted Stock, Class B Common Stock, Form 4, Grant, award, or other acquisition
4 terms
Restricted Stock financial
"Grant of Restricted Stock that vests in full immediately."
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.
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.
Form 4 regulatory
"According to the Form 4 and its footnotes."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"Transaction code A described as Grant, award, or other acquisition"
FAQ
What insider transaction did IDT (IDT) director William Conkling report?
William Conkling reported an acquisition of 673 shares of IDT Class B Common Stock as a restricted stock grant. The shares vested immediately and represent equity compensation rather than an open-market stock purchase.
Was the June 2026 IDT (IDT) insider transaction a stock purchase or a grant?
The transaction was a grant of restricted stock, not an open-market purchase. Conkling received 673 Class B shares as an award that vested in full immediately, according to the Form 4 and its footnotes.
What was the reported price for the IDT (IDT) restricted stock grant?
The restricted stock grant to William Conkling was reported at $55.75 per share. This value reflects the award price used in the Form 4 for 673 Class B Common shares that vested in full immediately upon grant.
Does the IDT (IDT) Form 4 indicate any stock sales by William Conkling?
The Form 4 does not report any stock sales by Conkling. It only discloses an acquisition of 673 shares through a restricted stock grant, classified as a grant, award, or other acquisition transaction code A.