IDT (NYSE: IDT) COO Bill Pereira sells 7,287 Class B shares
Rhea-AI Filing Summary
IDT Corporation executive Bill Pereira, the COO and President, reported a sale of company stock. On January 15, 2026, he sold 7,287 shares of IDT Class B common stock at $51.17 per share. After this transaction, he held 35,213 Class B shares directly.
In addition to the directly held shares, the filing notes 3,480 Class B shares held indirectly through a 401(k) plan, stated as of December 31, 2025. This Form 4 reflects changes in Pereira’s ownership as a director and senior officer but does not describe any company operating results or business developments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, $.01 par value per share | 7,287 | $51.17 | $373K |
| holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
Footnotes (1)
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FAQ
Who is the insider in this IDT (IDT) Form 4 filing?
The insider is Bill Pereira, who serves as COO & President of IDT Corporation and is also a director of the company.
What transaction did Bill Pereira report in this IDT (IDT) Form 4?
Bill Pereira reported a sale of 7,287 shares of IDT Class B common stock on January 15, 2026, coded as an S transaction (sale) in the filing.
Is Bill Pereiras ownership in IDT (IDT) direct or indirect?
After the transaction, Pereira holds 35,213 Class B shares directly and 3,480 Class B shares indirectly through a 401(k) plan, as disclosed in the ownership table.
Does this IDT (IDT) Form 4 filing involve any derivative securities?
No derivative security transactions are reported in the provided excerpt; the tables list only non-derivative Class B common stock and a 401(k) plan holding.
What date does the footnote in the IDT (IDT) Form 4 refer to?
The footnote specifies that one of the reported holdings is stated As of December 31, 2025, clarifying the reference date for that ownership amount.