FISCHER MARCELO 4
4 · IDT CORP · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
IDT CFO Marcelo Fischer Sells 23,323 Shares
What Happened
Marcelo Fischer, Chief Financial Officer of IDT Corp (IDT), reported selling 23,323 shares on 2026-06-26 at $56.98 per share, for total proceeds of $1,329,024. The transaction is reported as an open market or private sale (transaction code S). This was a sale rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-06-26
- Price per share: $56.98
- Shares sold: 23,323
- Total proceeds: $1,329,024
- Transaction type: Open market or private sale (Code S)
- Filing date: 2026-06-30 (no late filing indicated in the Form 4)
- Shares owned after transaction: Not specified in the filing; footnote F1 reads "As of May 29, 2026."
Context
This report documents a straight sale by an executive; sales can be routine (e.g., for diversification, taxes, or liquidity) and do not by themselves indicate company performance. There is no indication in the filing of option exercises, awards, gifts, or a 10b5-1 plan related to this trade.
Insider Transaction Report
- Sale
Class B Common Stock, $.01 par value per share
2026-06-26$56.98/sh−23,323$1,329,024→ 32,824 total
- 2,760(indirect: By 401(k))
Class B Common Stock, par value $.01 per share
[F1]
Footnotes (1)
- [F1]As of May 29, 2026.