IDT (IDT) chairman reports 97,163-share Class B transfer on Form 4
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
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.
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 does the 97,163-share transaction in IDT (IDT) represent?
The explanation states that the 97,163 Class B shares represent 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.
What price was reported for the IDT (IDT) insider share transfer?
The Form 4 shows that the 97,163 Class B shares were disposed of at a stated price of
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.
How many IDT (IDT) shares does the insider report beneficially owning after the transaction?
After the transaction, the Form 4 lists beneficial ownership of multiple blocks of IDT stock, including 114,106 Class B shares indirectly by the Debbie Y. Jonas 2018 Dynasty Trust, 60,701 Class B shares directly, 1,811,711 Class B shares indirectly by the HSJ 2019 Remainder Trust, 342,779 Class B shares indirectly by Chartwell Holding LLC, 197,641 Class B shares indirectly by The Jonas Foundation, 3,863 Class B shares indirectly by a 401(k) plan as of
What is noted about the foundation receiving IDT (IDT) shares in this Form 4?
The explanation specifies that the transfer was to the Howard S. & Deborah Jonas Foundation, Inc. and states that this foundation is not beneficially owned by the reporting person.