FISCHER MARCELO 4

What Happened
Marcelo Fischer, Chief Financial Officer of IDT Corp (IDT), sold 5,000 shares of company stock in an open-market transaction on April 14, 2026 at $50.50 per share, generating proceeds of approximately $252,500. This was a sale (not a purchase or option exercise) and is generally treated as routine insider selling unless otherwise noted.

Key Details

• Transaction date and price: April 14, 2026 — 5,000 shares sold at $50.50 per share.
• Proceeds: ~ $252,500.
• Shares owned after transaction: filing discloses beneficial ownership consisting of 1,701 fully vested restricted shares, 49,242 Class B shares from vested DSUs, and 5,204 Class B shares from exercised options — totaling 56,147 shares (per footnote; as of March 31, 2026).
• Footnotes: F1 explains the composition of beneficially owned shares; F2 indicates the ownership snapshot is as of March 31, 2026.
• Filing timeliness: Form 4 filed April 16, 2026 reporting the April 14 transaction — appears to be timely (filed two days after the trade).
• No 10b5-1 plan, tax-withholding sale, or other special sale mechanics were disclosed in the provided notes.

Context

• This was an open-market sale (code S), not an exercise or award. Sales by executives can be routine (diversification, tax planning, etc.); they do not by themselves indicate management views on company fundamentals.
• Retail investors often watch insider purchases more closely as potential bullish signals; this filing documents a routine sale and should be considered alongside other insider trades and company news.