[Form 4] IDT CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IDT CORP executive Menachem Ash reported equity compensation activity involving deferred stock units and Class B common stock. On February 17, 2026, he exercised 834 Deferred Stock Units into 834 shares of Class B common stock at a stated price of $48.45 per share. In connection with the vesting of these units, 347 Class B shares were withheld to cover tax obligations, leaving him with 52,243 Class B shares held directly and 4,166 Deferred Stock Units outstanding following the transactions. He also holds 2,871 Class B shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
834 shares exercised/converted
Mixed
4 txns
Insider
ASH MENACHEM
Role
EVP of Strategic&Legal Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 834 | $0.00 | -- |
| Exercise | Class B Common Stock, $.01 par value per share | 834 | $48.45 | $40K |
| Tax Withholding | Class B Common Stock, $.01 par value per share | 347 | $48.45 | $17K |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 4,166 shares (Direct);
Class B Common Stock, $.01 par value per share — 52,590 shares (Direct);
Class B Common Stock, $.01 par value per share — 2,871 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock ("Stock") on the applicable vesting date of February 17, 2026 as compared to the Grant Price of the Deferred Stock Units ("DSUs") ($50.90), the Reporting Person received 1.0 share of Stock for each of the DSUs that vested. The Reporting Person had the option on 1/19/2026 to defer vesting to the next scheduled vesting of 2/16/2027. He elected to defer vesting of 833 DSUs that vested, entitling him to receive 834 shares of Stock. Consists of 19,688 shares of Stock issued upon the vesting of DSUs and 32,902 fully vested shares of Restricted Stock. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs. Consists of 19,341 shares of Stock issued upon the vesting of DSUs and 32,902 fully vested shares of Restricted Stock. As of January 30, 2026. Represents 834 DSUs that vested on 2/17/2026. The 834 shares of Stock that were issued is equal to 1.0 share per vested DSU and was based 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 2,500 and 20,000 shares of Stock will have been issued. "Market Price" for each vesting date will be the greater of (i) the closing price for the Stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Stock for the 20 trading days ending with the trading day immediately prior to such vesting date.
