Howard S. Jonas - 13 Sep 2025 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
RFL
Transactions as of
13 Sep 2025
Net transactions value
-$13,322
Form type
4
Filing time
16 Sep 2025, 18:27:07 UTC
Previous filing
05 Aug 2025
Next filing
28 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JONAS HOWARD S Exec Chairman, CEO & President, Director, 10%+ Owner C/O RAFAEL HOLDINGS, INC., 520 BROAD ST, NEWARK Joyce J. Mason, by Power of Attorney 16 Sep 2025 0001034247

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class B Common Stock, $.01 par value per share Tax liability $13,322 -9,905 -3.6% $1.34 267,707 13 Sep 2025 Direct F1, F2
holding RFL Class B Common Stock, $.01 par value per share 98,820 13 Sep 2025 By The Jonas Foundation
holding RFL Class B Common Stock, $.01 par value per share 563,538 13 Sep 2025 By Debbie Y. Jonas 2018 Dynasty Trust
holding RFL Class B Common Stock, $.01 par value per share 12,299,207 13 Sep 2025 By HSJ 2019 Remainder Trust
holding RFL Class B Common Stock, $.01 par value per share 457,031 13 Sep 2025 By Genie A Partners, L.P.
holding RFL Class B Common Stock, $.01 par value per share 324,219 13 Sep 2025 IDT A Partners, L.P.
holding RFL Class A Common Stock, $.01 par value per share 787,163 13 Sep 2025 By Rafael A Partners, L.P. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F2 Consists of 178,760 vested restricted shares of Class B Common Stock and 88,947 unvested restricted shares of Class B Common Stock that shall vest as follows: 29,649 shares shall vest on each of December 13, 2025, March 13, 2026, and June 13, 2026.
F3 The Reporting Person is the sole manager of the sole general partner of the limited partnership and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the limited partnership.