IDT (IDT) director reports 986-share Class B stock grant and holdings
Rhea-AI Filing Summary
IDT Corporation director reports stock grant and updated holdings. A director of IDT CORP received 986 shares of Class B common stock on 01/05/2026 as a grant of restricted stock that vests in full immediately at a price of $50.735 per share. After this transaction, the director beneficially owns 122,425 Class B shares directly, which consists of 72,425 fully vested restricted shares and 50,000 other shares held directly. The director also has indirect ownership of 7,000 Class B shares through the Schorr Family Trust and 132 Class B shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, par value $.01 per share | 986 | $50.735 | $50K |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Footnotes (1)
- Grant of Restricted Stock that vests in full immediately. Consists of 72,425 fully vested shares of Restricted Stock and 50,000 shares held directly.
FAQ
What insider transaction did IDT (IDT) disclose in this filing?
A director of IDT CORP reported receiving 986 shares of Class B common stock on 01/05/2026 as a grant of restricted stock that vests immediately.
At what price was the IDT Class B stock grant recorded?
The 986-share restricted stock grant of IDT Class B common stock was recorded at a price of $50.735 per share.
What are the director’s indirect holdings of IDT (IDT) Class B stock?
The director indirectly owns 7,000 IDT Class B shares through the Schorr Family Trust and 132 IDT Class B shares through an IRA.
What type of security is involved in this IDT insider transaction?
The transaction involves Class B Common Stock of IDT CORP, with a par value of $0.01 per share.
What was the nature of the restricted stock grant reported by the IDT director?
The filing explains that the 986 shares are a grant of restricted stock that vests in full immediately, meaning the director’s rights to these shares are not subject to a vesting schedule.