Form 4: IDT Corp Executive Joyce J. Mason Reports Stock Transactions

EVP and Corporate Secretary Joyce J. Mason reports multiple transactions involving IDT Corp Class B Common Stock.

Summary

• Joyce J. Mason, EVP and Corporate Secretary of IDT Corp, filed a Form 4 detailing changes in beneficial ownership.
• On October 17, 2024, Mason disposed of 2,290 shares of Class B Common Stock at a price of $47.1814 per share.
• On October 18, 2024, Mason disposed of 1,475 shares of Class B Common Stock at a price of $46.9542 per share.
• On October 21, 2024, Mason disposed of 2,094 shares of Class B Common Stock at a price of $46.1826 per share.
• Following these transactions, Mason directly owns 37,113 shares and indirectly owns 12,562 shares through self for husband, 21,878 shares through self for son, and 4,580 shares through a 401(k) plan.
• The directly held shares include shares from vesting of DSUs, fully vested restricted stock, shares purchased through the Employee Stock Purchase Program, and shares held directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company's future prospects.

Key Dates