Howard S. Jonas - Sep 13, 2025 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Exec Chairman, CEO & President, Director, 10%+ Owner
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
RFL
Transactions as of
Sep 13, 2025
Transactions value $
-$13,322
Form type
4
Date filed
9/16/2025, 06:27 PM
Previous filing
Aug 5, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JONAS HOWARD S Exec Chairman, CEO & President, Director, 10%+ Owner C/O RAFAEL HOLDINGS, INC., 520 BROAD ST, NEWARK Joyce J. Mason, by Power of Attorney 2025-09-16 0001034247

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class B Common Stock, $.01 par value per share Tax liability -$13.3K -9.91K -3.57% $1.35 268K Sep 13, 2025 Direct F1, F2
holding RFL Class B Common Stock, $.01 par value per share 98.8K Sep 13, 2025 By The Jonas Foundation
holding RFL Class B Common Stock, $.01 par value per share 564K Sep 13, 2025 By Debbie Y. Jonas 2018 Dynasty Trust
holding RFL Class B Common Stock, $.01 par value per share 12.3M Sep 13, 2025 By HSJ 2019 Remainder Trust
holding RFL Class B Common Stock, $.01 par value per share 457K Sep 13, 2025 By Genie A Partners, L.P.
holding RFL Class B Common Stock, $.01 par value per share 324K Sep 13, 2025 IDT A Partners, L.P.
holding RFL Class A Common Stock, $.01 par value per share 787K Sep 13, 2025 By Rafael A Partners, L.P. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F2 Consists of 178,760 vested restricted shares of Class B Common Stock and 88,947 unvested restricted shares of Class B Common Stock that shall vest as follows: 29,649 shares shall vest on each of December 13, 2025, March 13, 2026, and June 13, 2026.
F3 The Reporting Person is the sole manager of the sole general partner of the limited partnership and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the limited partnership.