February 17, 2026 · Form 4 insider transaction
ASH MENACHEM bought 834 shares of IDT Corporation at $48.45 per share, a transaction worth $40.4K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock ("Stock") on the applicable vesting date of February 17, 2026 as compared to the Grant Price of the Deferred Stock Units ("DSUs") ($50.90), the Reporting Person received 1.0 share of Stock for each of the DSUs that vested. The Reporting Person had the option on 1/19/2026 to defer vesting to the next scheduled vesting of 2/16/2027. He elected to defer vesting of 833 DSUs that vested, entitling him to receive 834 shares of Stock.; Consists of 19,688 shares of Stock issued upon the vesting of DSUs and 32,902 fully vested shares of Restricted Stock.