IDT (IDT) 10% Owner Jonas Howard Gifts 2,217 Shares

What Happened Jonas Howard S, reported as a 10% owner of IDT Corp (IDT), disposed of 2,217 shares on June 23, 2026 via a gift (transaction code G). The shares were transferred at $0.00 per share (no cash proceeds reported), so the reported transaction value is $0. This was a gift disposition, not a purchase.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (timely within the 2-business-day window).
• Shares transferred: 2,217; price per share: $0.00; total reported proceeds/value: $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote F1: "As of May 29, 2026" — ownership figures in the filing may reference that date.
• Insider status: Jonas Howard is listed as a 10% owner (major shareholder), not necessarily an executive.

Context Gifts are transfers and do not necessarily reflect the insider's view on the company’s stock price or immediate trading intent. For retail investors, purchases tend to be more informative about insider sentiment; gifts are often related to estate planning, charitable donations, or family transfers and should be interpreted cautiously.