David Polinsky - Dec 21, 2023 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role: Chief Financial Officer
Signature: Joyce J. Mason, by Power of Attorney
Stock symbol: RFL
Transactions as of: Dec 21, 2023
Transactions value $: -$15,610
Form type: 4
Date filed: 12/26/2023, 02:24 PM
Previous filing: Oct 26, 2023
Next filing: Mar 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFL	Class B Common Stock, par value $.01 per share	Tax liability	-$15.6K	-8.58K	-5.1%	$1.82	160K	Dec 21, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David Polinsky is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer for tax purposes upon vesting of restricted stock.
F2	Consists of 37,162 fully vested restricted shares and 122,500 unvested restricted shares that vest as follows: 6,250 quarterly from March 21, 2024 through December 21, 2026; 3,750 on each of September 23, 2024 and September 23, 2025; and 10,000 on each of October 25, 2024, October 25, 2025, October 25, 2026 and October 25, 2027.