IDT Corp EVP sells 8,050 Class B shares
Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corp, reported open‑market sales of Class B common stock totaling 8,050 shares on July 15–16, 2026, at prices of $63.0168 and $63.1678 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corp, reported open‑market sales of Class B common stock totaling 8,050 shares on July 15–16, 2026, at prices of $63.0168 and $63.1678 per share. After these trades he held 24,193 shares directly, plus 2,858 shares held indirectly through a 401(k) plan as of June 30, 2026.
Insider Trade Summary
Net Seller: 8,050 shares
Net Sell
3 txns
Insider
ASH MENACHEM
Role
EVP of Strategic&Legal Affairs
Sold
8,050 shs ($508K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, $.01 par value per share | 3,653 | $63.1678 | $231K |
| Sale | Class B Common Stock, $.01 par value per share | 4,397 | $63.0168 | $277K |
| holding | Class B Common Stock, $.01 par value per share F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 24,193 shares (Direct);
Class B Common Stock, $.01 par value per share — 2,858 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. As of June 30, 2026.
Key Figures
Shares sold on 2026-07-15: 4,397 shares
Shares sold on 2026-07-16: 3,653 shares
Total shares sold: 8,050 shares
+2 more
5 metrics
Shares sold on 2026-07-15
4,397 shares
Class B Common Stock sold at $63.0168 per share in an open-market or private transaction
Shares sold on 2026-07-16
3,653 shares
Class B Common Stock sold at $63.1678 per share in an open-market or private transaction
Total shares sold
8,050 shares
Aggregate Class B shares sold across reported transactions, per transaction summary
Direct holdings after last sale
24,193 shares
Directly owned IDT Class B Common Stock following the 2026-07-16 sale
Indirect 401(k) holdings
2,858 shares
Class B shares held indirectly through a 401(k) Plan as of June 30, 2026
Key Terms
Class B Common Stock, 401(k) Plan, open market or private transaction
3 terms
Class B Common Stock financial
"security title listed as “Class B Common Stock, $.01 par value per share”"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
401(k) Plan financial
"nature of ownership is described as “By 401(k) Plan” for indirect holdings"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
open market or private transaction financial
"transaction code description states “Sale in open market or private transaction”"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock sales did Menachem Ash report at IDT (IDT)?
Menachem Ash reported selling 4,397 and 3,653 IDT Class B shares on July 15 and 16, 2026, respectively, at $63.0168 and $63.1678 per share. In total, the Form 4 shows open‑market sales of 8,050 shares.
What type of IDT (IDT) security was involved in Menachem Ash’s Form 4?
All reported transactions involve IDT’s Class B Common Stock, $.01 par value per share. The Form 4 lists this same security title for both sale transactions and for the 401(k) plan holding entry tied to Menachem Ash.
Were Menachem Ash’s IDT (IDT) stock sales made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative (aff_10b5_one is false), and no footnote describes a trading plan. The reported sales therefore are not affirmatively characterized as occurring under a Rule 10b5‑1 plan in this report.
What indirect IDT (IDT) holdings does Menachem Ash report in the Form 4?
The Form 4 includes an indirect holding of 2,858 IDT Class B shares, with the nature of ownership noted as “By 401(k) Plan.” A footnote specifies that this 401(k) share balance is reported as of June 30, 2026.
How does the Form 4 classify Menachem Ash’s IDT (IDT) ownership types?
The sales of Class B shares are reported as direct ownership transactions. The separate 2,858-share position is classified as indirect ownership, with the nature of ownership described as “By 401(k) Plan,” highlighting that those shares are held through a retirement plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates