JONAS HOWARD S 4

What Happened Howard S. Jonas, identified as a 10% owner of IDT Corp. (IDT), disposed of a total of 11,931 shares via gifts across four transactions between January and May 2026. The individual gifts were: 2,214 shares (2026-01-28), 600 shares (2026-04-16), 1,175 shares (2026-05-05) and 7,942 shares (2026-05-07). All transfers are coded as gifts (G) with $0.00 per-share consideration, so no sale proceeds were reported. Gifts are disposals for reporting purposes but are not the same as a market sale.

Key Details

• Transaction dates and amounts:
  • 2026-01-28 — 2,214 shares (gift) @ $0.00
  • 2026-04-16 — 600 shares (gift) @ $0.00
  • 2026-05-05 — 1,175 shares (gift) @ $0.00
  • 2026-05-07 — 7,942 shares (gift) @ $0.00
• Total shares disposed: 11,931 shares (all gifts).
• Shares owned following these transactions: not specified in the data provided. (Footnote F1 simply states "As of April 30, 2026.")
• Filing date: Form 4 was filed with the SEC on 2026-05-07 and reports transactions occurring as early as 2026-01-28.
• Transaction code: G = Gift.

Context

• Gifts do not necessarily indicate the insider's view on the company's prospects; they are commonly used for estate planning, family transfers, or charitable donations. Unlike purchases, gifts are not a bullish signal.
• As a 10% owner, Jonas is a significant shareholder — disposals by large holders can change ownership percentages but do not by themselves indicate operational or financial changes at the company.
• Note: the earliest gift (Jan 28) was reported on the Form 4 filed May 7, 2026, which is later than the typical two-business-day reporting window for Form 4s.