KATSOF IRWIN 4

What Happened Irwin Katsof, a former director of IDT Corp (IDT), sold 2,408 shares on June 11, 2026. The shares were disposed at $55.03 per share for total proceeds reported as approximately $132,505. This was a sale (code S) listed as "open market or private sale" on the Form 4; sales are often routine liquidity events rather than a direct bullish signal.

Key Details

• Transaction date and price: 2026-06-11 — 2,408 shares at $55.03 each.
• Reported proceeds: ~$132,505 (as shown on the filing).
• Shares owned after transaction: Not disclosed on the Form 4.
• Notable footnotes: Filing does not indicate a 10b5-1 plan, tax withholding, or related derivative activity.
• Filing timeliness: Form 4 was filed on 2026-06-15, which is within the SEC’s two-business-day reporting window for a 2026-06-11 transaction (timely).

Context As a former director, Katsof is not a current executive; insider sales by former directors can reflect personal liquidity needs and do not necessarily indicate a change in company outlook. Retail investors should view this as factual disclosure of a sale and consider it alongside other insider activity and company fundamentals.