Form 4: IDT Corp Insider Sells Class B Stock

Irwin Katsos, a former director of IDT Corp, reported the sale of 2,408 shares of Class B Common Stock on June 11, 2026.

Summary

• Irwin Katsos, identified as a former director and other beneficial owner of IDT Corp, has reported a transaction involving Class B Common Stock.
• The transaction, which occurred on June 11, 2026, involved the disposition of 2,408 shares.
• The sale was executed at a price of $55.0272 per share.
• Following this transaction, Mr. Katsos directly beneficially owns 0 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of an insider transaction without additional financial or strategic information.

Negatives

• Insider selling can sometimes be interpreted as a lack of confidence in the company's future prospects by those with the most knowledge.

Future Outlook

No forward-looking statements or guidance are present in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While this filing details a sale by a former director, it does not provide strategic or financial performance information that would typically be found in earnings reports or other operational updates. The significance of this transaction in isolation is limited without further context on the insider's overall holdings and prior trading activity.

Management Changes

Stakeholder Impact

• Shareholders: The sale by a former director may be noted by investors, but without further context, its impact on share price is likely minimal.

Key Dates

Keywords

IDT Corp, Form 4, Insider Transaction, Stock Sale, Class B Common Stock, Beneficial Ownership, Irwin Katsos