David Wartell - Sep 18, 2025 Form 4 Insider Report for IDT CORP (IDT)

Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
IDT
Transactions as of
Sep 18, 2025
Transactions value $
$0
Form type
4
Date filed
9/22/2025, 04:10 PM
Previous filing
Mar 20, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WARTELL DAVID CHIEF TECHNOLOGY OFFICER C/O IDT CORPORATION, 520 BROAD STREET, NEWARK Joyce J. Mason, by Power of Attorney 2025-09-22 0001735950

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IDT Deferred Stock Units Award $0 +5K $0.00 5K Sep 18, 2025 Class B Common Stock 5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of 5,000 DSUs vesting ratably on 2/17/2026, 2/16/2027 and 2/15/2028, with the recipient having the option on 1/19/2026 and 1/18/2027 to defer vesting to the next scheduled vesting. The number of shares of Class B common stock that will be issued depends on the Market Price on the applicable vesting date as compared to the Grant Price of the DSUs ($50.90), with no less than 0.5 shares (Market Price less than $25.45) and no more than 4.0 shares (Market Price greater than $101.80), to be issued for each DSU vested. Upon vesting of all of the DSUs, between 2,500 and 20,000 shares of Class B common stock will have been issued. "Market Price" for each vesting date will be the greater of (i) the closing price for the Class B common stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Class B common stock for the 20 trading days ending with the trading day immediately prior to such vesting date.