DAVID WARTELL - 18 Sep 2025 Form 4 Insider Report for IDT CORP (IDT)

Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
IDT
Transactions as of
18 Sep 2025
Net transactions value
$0
Form type
4
Filing time
22 Sep 2025, 16:10:24 UTC
Previous filing
20 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WARTELL DAVID CHIEF TECHNOLOGY OFFICER C/O IDT CORPORATION, 520 BROAD STREET, NEWARK Joyce J. Mason, by Power of Attorney 22 Sep 2025 0001735950

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IDT Deferred Stock Units Award $0 +5,000 $0.000000 5,000 18 Sep 2025 Class B Common Stock 5,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of 5,000 DSUs vesting ratably on 2/17/2026, 2/16/2027 and 2/15/2028, with the recipient having the option on 1/19/2026 and 1/18/2027 to defer vesting to the next scheduled vesting. The number of shares of Class B common stock that will be issued depends on the Market Price on the applicable vesting date as compared to the Grant Price of the DSUs ($50.90), with no less than 0.5 shares (Market Price less than $25.45) and no more than 4.0 shares (Market Price greater than $101.80), to be issued for each DSU vested. Upon vesting of all of the DSUs, between 2,500 and 20,000 shares of Class B common stock will have been issued. "Market Price" for each vesting date will be the greater of (i) the closing price for the Class B common stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Class B common stock for the 20 trading days ending with the trading day immediately prior to such vesting date.