IDT.NYSEIdt CORP

Form 4: IDT Corp. Executive Reports Gifted Stock Acquisition

Sentiment:

Insider Transaction Report

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IDT Corp.'s EVP and Corporate Secretary, Joyce J. Mason, reported the acquisition of 650 shares of Class B Common Stock through a gift on July 17, 2025, increasing her total beneficial ownership.

Summary

  • Joyce J. Mason, Executive Vice President and Corporate Secretary of IDT Corp., acquired 650 shares of Class B Common Stock.
  • The transaction occurred on July 17, 2025, and was classified as a gift (Transaction Code 'G').
  • The acquisition price for these shares was $0.
  • Following this transaction, Joyce J. Mason's direct beneficial ownership of Class B Common Stock totals 40,504 shares.
  • Her direct holdings include 12,559 shares from vested Deferred Stock Units (DSUs), 4,785 fully vested shares of Restricted Stock, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program, and 21,764 shares held directly.
  • Additionally, she indirectly beneficially owns 13,212 shares for her husband, 30,213 shares for her son, and 4,482 shares through a 401(k) Plan as of June 30, 2025.

Sentiment

Score: 6

Explanation: The acquisition of shares by a key executive, even through a gift, can be viewed as a minor positive signal of continued alignment with shareholder interests, though it's a routine compliance filing.

Positives

  • An executive's acquisition of additional company shares, even if gifted, can signal continued confidence in the company's future prospects and alignment with shareholder interests.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of an insider transaction, which is a standard compliance requirement for publicly traded companies. It does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders: The acquisition of shares by a key executive may be viewed positively as it indicates continued insider ownership and alignment of interests.

Key Dates

DateDescription
06/30/2025Date as of which shares held in 401(k) Plan were reported.
07/17/2025Date of the reported transaction (acquisition of Class B Common Stock).
07/21/2025Date the Form 4 was signed by the reporting person.

Recommendation

hold

Keywords

IDT Corp, Form 4, Insider Transaction, Stock Acquisition, Beneficial Ownership, Joyce J. Mason, Class B Common Stock

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