IDT CORP — Director's Dealing 2025

Feb 27, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2025-02-25

Reporting Person: FISCHER MARCELO (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-25	Class B Common Stock, par value $.01 per share	M	56250	$49.11	Acquired	92440	Direct
2025-02-25	Class B Common Stock, par value $.01 per share	F	27927	$49.11	Disposed	64513	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-25	Deferred Stock Units	$	M	30000	Disposed		Class B Common Stock (56250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	3101	Indirect

Footnotes

F1: Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the February 25, 2025 vesting date, each of the 30,000 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 1.875 shares of Class B common stock.

F2: Consists of 10,271 fully vested shares of Restricted Stock and 82,169 shares of Class B Common Stock issued upon the vesting of DSUs.

F3: Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.

F4: Consists of 10,271 fully vested shares of Restricted Stock and 54,242 shares of Class B Common Stock issued upon the vesting of DSUs.

F5: As of January 31, 2025.

F6: Represents 30,000 DSUs that vested on 2/25/2025. The 56,250 shares of Class B common stock that were issued is equal to 1.875 shares per vested DSU and was based on the Market Price on the vesting date as compared to the Grant Price of the DSUs ($25.41), with no less than 0.5 shares (Market Price less than $12.705) and no more than 2 shares (Market Price greater than $50.82), in 12.5% increments, to be issued for each DSU vested. "Market Price" was calculated as 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.