IDT 10% Owner Jonas Howard S Gifts 1,165 Shares

What Happened
Jonas Howard S, reported as a 10% owner of IDT Corp (IDT), disposed of 1,165 shares on August 31, 2026 via a gift (transaction code G). The reported price per share is $0.00 and the transaction shows $0 in proceeds, consistent with a charitable or private transfer rather than a sale.

Key Details

• Transaction date: 2026-08-31 (Form 4 filed: 2026-09-02). Filing appears within the typical two-business-day Form 4 window.
• Transaction type/code: Gift (G).
• Shares disposed: 1,165 shares; price reported: $0.00; total cash proceeds: $0.
• Shares owned after transaction: not specified on the filing (footnote F1 simply states "As of August 31, 2026").
• No 10b5-1 plan, tax-withholding, or option exercise noted in this filing.

Context
Gifts by insiders transfer ownership but do not represent a market purchase or sale and therefore are not a clear signal of the insider’s view on the company’s prospects. As a 10% owner (not necessarily an executive), Jonas Howard S’s gift is an ownership change for reporting purposes; retail investors should treat it as a non-market disposition unless additional information is disclosed.