IDT Corporation (IDT) director receives 986 restricted Class B shares
Rhea-AI Filing Summary
IDT Corporation reported an insider equity transaction involving one of its directors. On 01/05/2026, the director received a grant of 986 shares of Class B common stock at a value of $50.735 per share. The filing explains this was a grant of restricted stock that vests in full immediately, meaning the director’s rights to the shares are not subject to a vesting schedule.
After this grant, the director beneficially owns 2,408 shares of IDT Class B common stock in direct ownership. The shares reported in this filing consist of fully vested restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, par value $.01 per share | 986 | $50.735 | $50K |
Footnotes (1)
- Grant of Restricted Stock that vests in full immediately. Consists of fully vested shares of Restricted Stock.
FAQ
What insider transaction did IDT (IDT) disclose in this Form 4?
IDT disclosed that a director received a grant of 986 shares of Class B common stock on 01/05/2026 as restricted stock that vests immediately.
What type of IDT (IDT) security was involved in the director’s transaction?
The transaction involved Class B Common Stock, par value $0.01 per share of IDT Corporation.
Was the IDT (IDT) director’s equity award subject to vesting conditions?
The filing states the award was a grant of restricted stock that vests in full immediately, so there is no ongoing vesting schedule on this grant.
Is the IDT (IDT) reporting person an officer or a director?
The reporting person is identified as a Director of IDT Corporation, and the Form 4 is filed for one reporting person.
Does this IDT (IDT) Form 4 involve any derivative securities?
The Form 4 includes a section for derivative securities, but no derivative transactions are reported; only non-derivative Class B common stock is disclosed.
Who signed the IDT (IDT) insider transaction report?
The report is signed by Joyce J Mason, by Power of Attorney, on 01/07/2026 as the signature of the reporting person.