Form 4: IDT Corp Executive Joyce J. Mason Reports Stock Sale
SEC Form 4 Filing
Joyce J. Mason, EVP and Corporate Secretary of IDT Corp, reports the sale of 7,570 shares of Class B Common Stock at $37.2514 per share on July 17, 2024.
Summary
- On July 17, 2024, Joyce J. Mason, the EVP and Corporate Secretary of IDT Corp, sold 7,570 shares of Class B Common Stock.
- The sale price was $37.2514 per share.
- Following the transaction, Mason directly owns 39,403 shares of Class B Common Stock.
- Mason also indirectly owns shares through a 401(k) plan (4,584 shares), for her son (12,996 shares), and for her husband (14,037 shares).
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. This provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The stock sale by an executive may be of interest to shareholders, as insider transactions can sometimes influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| June 28, 2024 | Reference date for shareholding information. |
| July 17, 2024 | Date of the stock sale transaction. |
| July 19, 2024 | Date of signature on the Form 4 filing. |
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