Form 4: IDT Chairman Howard Jonas Gifts Class B Shares

IDT Corp Chairman Howard S. Jonas reported a gift of 1,150 Class B Common Stock shares, adjusting his direct and indirect beneficial ownership.

Summary

• Howard S. Jonas, Chairman, Director, and 10% Owner of IDT Corp, reported a disposition of 1,150 shares of Class B Common Stock.
• The transaction occurred on December 17, 2025, and was coded as a gift ('G') with a price of $0 per share.
• Following this transaction, Mr. Jonas directly beneficially owns 60,701 shares of Class B Common Stock.
• Indirect beneficial ownership includes 1,811,711 shares of Class B Common Stock held by HSJ 2019 Remainder Trust.
• Chartwell Holding LLC indirectly holds 342,779 shares of Class B Common Stock.
• Debbie y. Jonas 2018 Dynasty Trust indirectly holds 211,269 shares of Class B Common Stock.
• The Jonas Foundation indirectly holds 197,641 shares of Class B Common Stock.
• A 401(k) Plan indirectly holds 3,863 shares of Class B Common Stock, as of November 28, 2025.
• IDT A Partners, L.P. indirectly holds 1,574,326 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (gift of shares) and does not contain information that would significantly alter the company's financial outlook or operational performance, thus indicating a neutral sentiment.

Future Outlook

This filing is a routine report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a standard regulatory disclosure for insider transactions and does not provide information relevant to broader industry trends or competitive analysis. It reflects a personal financial decision by a key executive.

Related Party Transactions

• Howard S. Jonas's indirect beneficial ownership includes shares held by HSJ 2019 Remainder Trust, Chartwell Holding LLC, Debbie y. Jonas 2018 Dynasty Trust, The Jonas Foundation, a 401(k) Plan, and IDT A Partners, L.P., which are entities or trusts associated with the reporting person.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal, as this is a routine disclosure of an insider's personal stock transaction (a gift) and does not reflect a sale or a change in the company's operational or financial health.

Key Dates

Keywords

IDT, Howard Jonas, Form 4, Insider Transaction, Beneficial Ownership, Stock Gift, Class B Common Stock, Class A Common Stock