Form 4: IDT Corp CAO & Controller Mitch Silberman Sells 2,115 Shares of Class B Common Stock
SEC Form 4 Filing
Mitch Silberman, CAO & Controller of IDT Corp, sold 2,115 shares of Class B Common Stock on March 27, 2024, at a price of $38.0116 per share.
Summary
- On March 27, 2024, Mitch Silberman, the CAO & Controller of IDT Corp, sold 2,115 shares of Class B Common Stock.
- The sale price was $38.0116 per share.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral event. An insider selling shares doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a standard SEC Form 4 filing, reporting a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of transaction: Mitch Silberman sold 2,115 shares of IDT Corp Class B Common Stock. |
| 03/28/2024 | Date of signature on the report. |
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