STOCK TITAN

IDT CFO Marcelo Fischer sells 9,333 Class B shares

The activity combines two Class B share sales with vesting-related issuance and share withholding tied to taxes and option costs.

(Neutral)

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

IDT Corp Chief Financial Officer Marcelo Fischer reported a mix of share issuances, option exercises, withholding and sales. On October 15, 2026, 10,416 deferred stock units vested, entitling him to receive 20,832 Class B shares. He exercised options for 4,257 shares at $38.43 per share and sold 4,812 shares at $82.0798 per share. The issuer withheld 11,499 shares for taxes on the unit vesting and 1,226 shares for option exercise price and taxes. He sold another 4,521 shares at $80.9288 per share on October 16, 2026; no Rule 10b5-1 plan is reported for the sales.

Following the respective transactions, the reported positions included 5,208 deferred stock units and 8,633 employee stock options. An indirect holding through the 401(k) Plan lists 2,719 Class B shares as of September 30, 2026.

Insider FISCHER MARCELO
Role Chief Financial Officer
Sold 9,333 shs ($761K)
Approx. gross sale proceeds $761K
Type Security Shares Price Value
Sale Class B Common Stock, par value $.01 per share 4,521 $80.9288 $366K
Exercise Deferred Stock Units F5 10,416 $0.00 $0.00
Exercise Employee Stock Option F6 4,257 $0.00 $0.00
Exercise Class B Common Stock, par value $.01 per share F1 20,832 $81.825 $1.70M
Tax Withholding Class B Common Stock, par value $.01 per share F2 11,499 $81.825 $941K
Sale Class B Common Stock, par value $.01 per share 4,812 $82.0798 $395K
Exercise Class B Common Stock, par value $.01 per share 4,257 $38.43 $164K
Exercise Price or Tax Liability Class B Common Stock, par value $.01 per share F3 1,226 $81.08 $99K
holding Class B Common Stock, par value $.01 per share F4 -- -- --
Holdings After Transaction: Deferred Stock Units — 5,208 contracts (Direct); Employee Stock Option — 8,633 contracts (Direct); Class B Common Stock, par value $.01 per share — 35,855 shares (Direct); Class B Common Stock, par value $.01 per share — 2,719 shares (Indirect, By 401(k) Plan)
Footnotes (6)
  1. F1. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the October 15, 2026 vesting date, each of the 10,416 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 2.0 shares of Class B common stock.
  2. F2. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
  3. F3. Represents shares withheld by the Issuer to pay the exercise price of the options and for tax purposes upon the exercise of the option.
  4. F4. As of September 30, 2026.
  5. F5. Represents 10,416 DSUs that vested on 10/15/2026. The 20,832 shares of Class B common stock that were issued is equal to 2.0 shares per vested DSU and was based on a September 18, 2024 grant of 15,624 DSUs which entitled the Reporting Person the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock.
  6. F6. Options vest as follows: 828 on October 15, 2025 (all of which were exercised on October 15, 2026); 6,031 on October 15, 2026 (3,429 of which were exercised on October 15, 2026); and 6,031 on October 15, 2027.
Deferred stock units vested 10,416 units October 15, 2026
Class B shares issued upon vesting 20,832 shares October 15, 2026
Employee stock options exercised 4,257 options October 15, 2026
Option exercise price $38.43 per share Options exercised October 15, 2026
Class B shares sold 4,812 shares at $82.0798 per share October 15, 2026
Class B shares sold 4,521 shares at $80.9288 per share October 16, 2026
Shares withheld for DSU vesting taxes 11,499 shares Upon vesting of deferred stock units
Shares withheld for option exercise price and taxes 1,226 shares Upon option exercise
deferred stock units financial
"10,416 deferred stock units ("DSUs") that vested"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Equity Growth Program financial
"terms of the IDT Corporation Equity Growth Program"
vesting date financial
"the October 15, 2026 vesting date"
exercise price financial
"to pay the exercise price of the options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many IDT shares did CFO Marcelo Fischer sell, and at what prices?

On October 15, 2026, Marcelo Fischer sold 4,812 Class B shares at $82.0798 per share; on October 16, 2026, he sold 4,521 Class B shares at $80.9288 per share. No Rule 10b5-1 plan is reported for the sales.

How many IDT shares were issued when Marcelo Fischer's deferred stock units vested?

On October 15, 2026, 10,416 deferred stock units vested, with each unit entitling him to receive 2.0 Class B shares, for 20,832 shares under the IDT Corporation Equity Growth Program.

What were the terms of Marcelo Fischer's IDT option exercise?

Marcelo Fischer exercised 4,257 employee stock options on October 15, 2026, at an exercise price of $38.43 per share. The exercised options included 828 that vested October 15, 2025, all of which were exercised on October 15, 2026, and 3,429 of the 6,031 that vested October 15, 2026. Another 6,031 options vest October 15, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FISCHER MARCELO

(Last)(First)(Middle)
C/O IDT CORPORATION
520 BROAD STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IDT CORP [ IDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class B Common Stock, par value $.01 per share10/15/2026M20,832(1)A$81.82553,656D
Class B Common Stock, par value $.01 per share10/15/2026F11,499(2)D$81.82542,157D
Class B Common Stock, par value $.01 per share10/15/2026S4,812D$82.079837,345D
Class B Common Stock, par value $.01 per share10/15/2026M4,257A$38.4341,602D
Class B Common Stock, par value $.01 per share10/15/2026F1,226(3)D$81.0840,376D
Class B Common Stock, par value $.01 per share10/16/2026S4,521D$80.928835,855D
Class B Common Stock, par value $.01 per share2,719(4)IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(5)10/15/2026M10,416 (5) (5)Class B Common Stock20,832$05,208D
Employee Stock Option$38.4310/15/2026M4,257 (6)09/29/2029Class B Common Stock4,257$08,633D
Explanation of Responses:
1. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the October 15, 2026 vesting date, each of the 10,416 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 2.0 shares of Class B common stock.
2. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
3. Represents shares withheld by the Issuer to pay the exercise price of the options and for tax purposes upon the exercise of the option.
4. As of September 30, 2026.
5. Represents 10,416 DSUs that vested on 10/15/2026. The 20,832 shares of Class B common stock that were issued is equal to 2.0 shares per vested DSU and was based on a September 18, 2024 grant of 15,624 DSUs which entitled the Reporting Person the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock.
6. Options vest as follows: 828 on October 15, 2025 (all of which were exercised on October 15, 2026); 6,031 on October 15, 2026 (3,429 of which were exercised on October 15, 2026); and 6,031 on October 15, 2027.
Joyce J. Mason, by Power of Attorney10/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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