IDT (NYSE: IDT) chairman and 10% owner reports gift of 1,000 Class B shares
Rhea-AI Filing Summary
IDT Corporation director, 10% owner, and Chairman reported a Form 4 transaction involving Class B common stock. On 11/25/2025, the insider reported a code G transaction, disposing of 1,000 shares of Class B common stock at a stated price of $0, which typically reflects a gift or similar transfer.
After this transaction, the insider directly owned 61,851 shares of IDT Class B common stock. The filing also lists substantial indirect holdings, including 1,811,711 Class B shares held by the HSJ 2019 Remainder Trust, 342,779 Class B shares held by Chartwell Holding LLC, 211,269 Class B shares held by the Debbie Y. Jonas 2018 Dynasty Trust, and 197,641 Class B shares held by The Jonas Foundation. In addition, there are 3,738 Class B shares held through a 401(k) plan as of October 31, 2025 and 1,574,326 shares of Class A common stock held indirectly through IDT A Partners, L.P.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did IDT (IDT) disclose in this Form 4?
The filing reports that on 11/25/2025, an IDT insider disposed of 1,000 shares of Class B common stock in a code G transaction, at a stated price of $0.
What does transaction code G mean for the IDT (IDT) Form 4 filing?
The Form 4 shows a code G transaction for 1,000 Class B shares at $0, which generally indicates a bona fide gift or similar transfer of securities.
How many IDT (IDT) Class B shares does the insider own directly after this transaction?
Following the reported transaction, the insider directly owns 61,851 shares of IDT Class B common stock.
What indirect holdings of IDT (IDT) Class B stock are reported in this Form 4?
The filing lists indirect ownership of 1,811,711 Class B shares by the HSJ 2019 Remainder Trust, 342,779 Class B shares by Chartwell Holding LLC, 211,269 Class B shares by the Debbie Y. Jonas 2018 Dynasty Trust, 197,641 Class B shares by The Jonas Foundation, and 3,738 Class B shares through a 401(k) plan as of October 31, 2025.
Does the IDT (IDT) insider also report ownership of Class A shares?
Yes. The Form 4 reports indirect ownership of 1,574,326 shares of IDT Class A common stock held through IDT A Partners, L.P.
What is the reporting person’s relationship to IDT (IDT)?
The reporting person is identified as an IDT Corporation director, 10% owner, and officer serving as Chairman.