IDT insider transfers 97,163 Class B shares to foundation
IDT Corporation reported an insider share transfer by a senior leader.
Rhea-AI Filing Summary
IDT Corporation reported an insider share transfer by a senior leader. A reporting person who is a Director, 10% Owner and Chairman of IDT CORP filed a Form 4 for Class B common stock. On 12/29/2025, the person reported a transaction coded "J(1)" involving the disposition of 97,163 shares of Class B common stock at a stated price of $0 per share.
The explanation notes this was a transfer from the Debbie Y. Jonas 2018 Dynasty Trust to the Howard S. & Deborah Jonas Foundation, Inc., which is described as not beneficially owned by the reporting person. After the transaction, the filing lists continued beneficial ownership of multiple blocks of IDT Class A and Class B shares through various trusts, entities and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock, $.01 par value per share | 97,163 | $0.00 | $0.00 |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| holding | Class A Common Stock, $.01 par value per share | -- | -- | -- |
Footnotes (2)
- F1. Transfer from the Debbie Y. Jonas 2018 Dynasty Trust to the Howard S. & Deborah Jonas Foundation, Inc., which is not beneficially owned by the Reporting Person.
- F2. As of November 28, 2025.
FAQ
What insider transaction did IDT (IDT) disclose in this Form 4?
The Form 4 discloses that a reporting person who is a Director, 10% Owner and Chairman of IDT CORP reported a transaction involving 97,163 shares of Class B common stock on 12/29/2025, coded "J(1)" as another type of transaction.
What roles does the reporting person hold at IDT (IDT)?
The reporting person is identified as a Director, a 10% Owner, and an Officer of IDT CORP, with the officer title given as Chairman.
AI-generated analysis. How Rhea-AI works. Not financial advice.