Bill Pereira - 16 Oct 2024 Form 4 Insider Report for IDT CORP (IDT)

Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
IDT
Transactions as of
16 Oct 2024
Net transactions value
-$2,318,794
Form type
4
Filing time
18 Oct 2024, 16:14:20 UTC
Previous filing
19 Mar 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDT Class B Common Stock, $.01 par value per share Award $0 +39,155 +78% $0.000000 89,154 16 Oct 2024 Direct F1, F2
transaction IDT Class B Common Stock, $.01 par value per share Tax liability $940,511 -19,979 -22% $47.08 69,175 16 Oct 2024 Direct F3, F4
transaction IDT Class B Common Stock, $.01 par value per share Sale $1,378,282 -29,175 -42% $47.24 40,000 16 Oct 2024 Direct F5
holding IDT Class B Common Stock, $.01 par value per share 3,494 16 Oct 2024 By 401(k) Plan F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted shares of Class B Common Stock ("Restricted Stock") that vest in full immediately upon grant.
F2 Consists of 58,996 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of deferred stock units ("DSUs").
F3 Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F4 Consists of 39,017 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of DSUs.
F5 Consists of 9,842 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of DSUs.
F6 As of September 30, 2024.