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IDT controller Mitch Silberman sells 2,327 shares

The vesting terms provided two Class B shares for each deferred stock unit, while 1,147 shares were withheld for taxes.

(Very High)

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Form Type
4

Rhea-AI Filing Summary

IDT Corp CAO & Controller Mitch Silberman reported deferred stock units vesting and Class B share transactions. On October 15, 2026, 1,737 deferred stock units vested, resulting in 3,474 shares issued at 2.0 shares per unit. IDT withheld 1,147 shares for taxes, and Silberman sold 2,327 shares at $81.0296 per share that day. He also sold 805 shares at $82.1400 per share on October 13, 2026.

After the vesting transaction, he held 868 deferred stock units. The filing reports 68 Class B shares held indirectly through the 401(k) Plan as of September 30, 2026. No Rule 10b5-1 plan is reported.

Insights

Analyzing...

Insider SILBERMAN MITCH
Role CAO & Controller
Sold 3,132 shs ($255K)
Approx. gross sale proceeds $255K
Type Security Shares Price Value
Exercise Deferred Stock Units F5 1,737 $0.00 $0.00
Exercise Class B Common Stock, par value $.01 per share F1, F2 3,474 $81.825 $284K
Tax Withholding Class B Common Stock, par value $.01 per share F3, F2 1,147 $81.825 $94K
Sale Class B Common Stock, par value $.01 per share 2,327 $81.0296 $189K
Sale Class B Common Stock, par value $.01 per share 805 $82.14 $66K
holding Class B Common Stock, par value $.01 per share F4 -- -- --
Holdings After Transaction: Deferred Stock Units — 868 contracts (Direct); Class B Common Stock, par value $.01 per share — 0 shares (Direct); Class B Common Stock, par value $.01 per share — 68 shares (Indirect, By 401(k) Plan)
Footnotes (5)
  1. F1. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the October 15, 2026 vesting date, each of the 1,737 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 2.0 shares of Class B common stock.
  2. F2. Consists of shares of Class B common stock issued upon the vesting of DSUs.
  3. F3. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
  4. F4. As of September 30, 2026.
  5. F5. Represents 1,737 DSUs that vested on 10/15/2026. The 3,474 shares of Class B common stock that were issued is equal to 2.0 shares per vested DSU and was based on a December 2, 2024 grant of 2,344 DSUs which entitled the Reporting Person the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock.
Deferred stock units vested 1,737 units October 15, 2026
Class B shares issued upon vesting 3,474 shares October 15, 2026
Shares withheld for taxes 1,147 shares Upon vesting on October 15, 2026
Class B shares sold 2,327 shares at $81.0296 per share October 15, 2026
Class B shares sold 805 shares at $82.1400 per share October 13, 2026
Deferred stock units following vesting 868 units Following the October 15, 2026 transaction
Class B shares held through the 401(k) Plan 68 shares As of September 30, 2026
Deferred Stock Units financial
"1,737 deferred stock units ("DSUs") that vested"
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.
Equity Growth Program financial
"Under the terms of the IDT Corporation Equity Growth Program"
vesting date financial
"prior to the October 15, 2026 vesting date"
par value financial
"Class B Common Stock, par value $.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many IDT shares did Mitch Silberman sell, and at what prices?

Mitch Silberman, IDT's CAO & Controller, sold 2,327 Class B shares at $81.0296 per share on October 15, 2026, and 805 shares at $82.1400 per share on October 13, 2026. No Rule 10b5-1 plan is reported.

How many IDT shares were issued when Mitch Silberman's deferred stock units vested?

The vesting of 1,737 deferred stock units resulted in 3,474 Class B shares issued on October 15, 2026, based on 2.0 shares per vested unit. IDT withheld 1,147 of those shares for tax purposes.

Why did each IDT deferred stock unit vest into two shares?

Under the IDT Corporation Equity Growth Program, each vested unit entitled Mitch Silberman to 2.0 Class B shares based on the market price in the period before the October 15, 2026 vesting date. The units related to a December 2, 2024 grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
SILBERMAN MITCH

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

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IDT CORP [ IDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CAO & Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class B Common Stock, par value $.01 per share10/13/2026S805D$82.140D
Class B Common Stock, par value $.01 per share10/15/2026M3,474(1)A$81.8253,474(2)D
Class B Common Stock, par value $.01 per share10/15/2026F1,147(3)D$81.8252,327(2)D
Class B Common Stock, par value $.01 per share10/15/2026S2,327D$81.02960D
Class B Common Stock, par value $.01 per share68(4)IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(5)10/15/2026M1,737 (5) (5)Class B Common Stock3,474$0868D
Explanation of Responses:
1. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the October 15, 2026 vesting date, each of the 1,737 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 2.0 shares of Class B common stock.
2. Consists of shares of Class B common stock issued upon the vesting of DSUs.
3. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
4. As of September 30, 2026.
5. Represents 1,737 DSUs that vested on 10/15/2026. The 3,474 shares of Class B common stock that were issued is equal to 2.0 shares per vested DSU and was based on a December 2, 2024 grant of 2,344 DSUs which entitled the Reporting Person the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock.
Joyce J. Mason, by Power of Attorney10/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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