IDT CORP·4

Apr 16, 4:29 PM ET

ASH MENACHEM 4

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IDT (IDT) EVP Ash Menachem Sells 20,000 Shares

What Happened

  • Ash Menachem, EVP of Strategic & Legal Affairs at IDT Corp (IDT), reported a sale of 20,000 shares on April 14, 2026. The shares were disposed at $51.00 each for a total consideration of $1,020,000. The filing reports the transaction as an open-market or private sale (code S).

Key Details

  • Transaction date and price: April 14, 2026 — 20,000 shares at $51.00 per share (total ~$1,020,000).
  • Filing date / timeliness: Form 4 filed April 16, 2026; appears to be timely (within typical two-business-day requirement).
  • Post-transaction holdings: The filing’s footnotes detail holdings components — 4,456 shares issued upon vesting of DSUs and 27,787 fully vested restricted shares (total 32,243) as noted in Footnote F1; Footnote F2 indicates the snapshot is as of March 31, 2026. The Form does not state a different post-sale total explicitly in the summary text.
  • Footnotes: F1 describes the composition of reported holdings (DSUs and restricted stock). F2 notes the holdings snapshot date (March 31, 2026).
  • No 10b5‑1 plan or tax‑withholding arrangement is disclosed in the filing notes.

Context

  • This is a straight sale of shares (code S). Sales by insiders can be routine (liquidity, diversification, tax) and do not by themselves indicate a change in company outlook. No exercise, gift, or derivative activity was reported in this filing.