IDT Corp (IDT) CFO sells 23,323 Class B shares, holds over 35k
Rhea-AI Filing Summary
IDT Corp Chief Financial Officer Marcelo Fischer reported an open-market sale of Class B Common Stock. On June 26, 2026, he sold 23,323 shares of Class B Common Stock at an average price of $56.9834 per share.
After this transaction, Fischer directly held 32,824 shares of Class B Common Stock. He also had an additional 2,760 shares held indirectly through a 401(k) plan as of May 29, 2026, showing both direct and retirement-plan exposure to IDT equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,323 shares
Net Sell
2 txns
Insider
FISCHER MARCELO
Role
Chief Financial Officer
Sold
23,323 shs ($1.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, $.01 par value per share | 23,323 | $56.9834 | $1.33M |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 32,824 shares (Direct);
Class B Common Stock, par value $.01 per share — 2,760 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. As of May 29, 2026.
Key Figures
Shares sold: 23,323 shares
Sale price: $56.9834 per share
Direct holdings after sale: 32,824 shares
+2 more
5 metrics
Shares sold
23,323 shares
Class B Common Stock sold on June 26, 2026
Sale price
$56.9834 per share
Average price for 23,323 shares sold
Direct holdings after sale
32,824 shares
Class B Common Stock directly owned post-transaction
Indirect 401(k) holdings
2,760 shares
Class B Common Stock held via 401(k) as of May 29, 2026
Net buy/sell shares
23,323 shares net-sell
Transaction summary netBuySellShares
Key Terms
open-market sale, Class B Common Stock, 401(k) Plan, indirect ownership
4 terms
open-market sale financial
"reported an open-market sale of Class B Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class B Common Stock financial
"sold 23,323 shares of Class B Common Stock at an average price"
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
"2,760 shares held indirectly through a 401(k) Plan"
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.
indirect ownership financial
"shares are held indirectly through a 401(k) plan"
FAQ
What insider transaction did IDT (IDT) report for Marcelo Fischer?
IDT reported that CFO Marcelo Fischer executed an open-market sale of 23,323 shares of Class B Common Stock at $56.9834 per share. The transaction occurred on June 26, 2026 and was disclosed on a Form 4 insider trading report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
