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: MASON JOYCE J (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	4500	$49.11	Acquired	41613	Direct
2025-02-25	Class B Common Stock, par value $.01 per share	F	1759	$49.11	Disposed	39854	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-25	Deferred Stock Units	$	M	2400	Disposed		Class B Common Stock (4500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	12562	Indirect
Class B Common Stock, par value $.01 per share	21878	Indirect
Class B Common Stock, $.01 par value per share	4545	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 2,400 deferred stock units ("DSUs") that vested entitled the Reporting Person to receive 1.875 shares of Class B common stock.

F2: Consists of 14,318 shares of Class B common stock issued upon the vesting of DSUs, 4,785 fully vested shares of Restricted Stock, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 21,114 shares held by the Reporting Person directly.

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

F4: Consists of 12,559 shares of Class B common stock issued upon the vesting of DSUs, 4,785 fully vested shares of Restricted Stock, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 21,114 shares held by the Reporting Person directly.

F5: As of January 31, 2025.

F6: Represents 2,400 DSUs that vested on 2/25/2025. The 4,500 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.