Form 4: IDT Corp Chairman Howard S. Jonas Reports Stock Disposal
SEC Form 4 Filing
Howard S. Jonas, Chairman of IDT Corp, reports the disposal of 2,750 shares of Class B Common Stock on January 21, 2025.
Summary
- Howard S. Jonas, Chairman of IDT Corp, filed a Form 4 detailing changes in beneficial ownership.
- On January 21, 2025, Mr. Jonas disposed of 2,750 shares of Class B Common Stock at an unspecified price.
- Following the transaction, Mr. Jonas directly owns 71,201 shares of Class B Common Stock.
- Mr. Jonas also indirectly owns shares through various entities, including HSJ 2019 Remainder Trust (1,811,711 shares), Chartwell Holding LLC (342,779 shares), Debbie y. Jonas 2018 Dynasty Trust (211,269 shares), The Jonas Foundation (197,641 shares), 401(k) Plan (3,845 shares), and IDT A Partners, L.P. (1,574,326 shares).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by a key insider may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of stock disposal transaction. |
| 01/23/2025 | Date of signature on the form. |
| December 31, 2024 | Date as of which the explanation of responses was made. |
Keywords
Form 4, Beneficial Ownership, IDT Corp, Howard S. Jonas, Stock Disposal, Class B Common Stock
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