IDT CORP — Director's Dealing 2025

Mar 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2025-03-17

Reporting Person: SILBERMAN MITCH (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-17	Deferred Stock Units	$	A	261	Acquired	2027-10-15	Class B Common Stock (261)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	4547	Direct
Class B Common Stock, par value $.01 per share	68	Indirect

Footnotes

F1: Consists of 3,375 shares of Class B common stock issued upon the vesting of DSUs and 1,172 shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes at or above $72.50 per share for either the average of ten (10) trading days or the ten (10) consecutive trading days prior to October 15, 2027.

F2: As of February 28, 2025.

F3: Represents a grant of 261 deferred stock units ("DSUs"). Each DSU is the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock. Vesting is in thirds on each of October 15, 2025, 2026 and 2027. The number of shares that will actually vest for each DSU depends on the market price for the Class B common stock as of the relevant vesting date. 1/2 of a share will be issued for each DSU if the market price on the vesting date is less than $19.20 (50% of the grant date value of a share of Class B common stock) and 2 shares will be issued for each DSU if the market price on the vesting date is $76.80 (200% of the grant date value) or greater, with a proportionate amount to vest based on thresholds of 62.5%, 75%, 87.5%, 100%, 112.5%, 125%, 137.5%, 150%, 162.5%, 175% and 187.5% of the grant date value. Upon vesting in full, the Reporting Person will be entitled to receive between 131 and 522 shares of Class B common stock.