ASH Menachem, an executive at IDT Corp, has reported the sale of 5,000 shares of the company's Class B common stock. This transaction, dated October 15, 2026, is significant as it illustrates the ongoing adjustments in executive stock holdings.

IDT Corp, which operates in the telephone communications sector, is based in Newark, New Jersey. The company is identified by the Central Index Key (CIK) 0001005731 and is listed under the standard industrial classification of Telephone Communications (No Radio Telephone) [4813]. The latest filing from ASH Menachem was made on October 19, 2026, under accession number 0001193125-26-425327.

According to the filing, Menachem sold the shares for $82.00 each, resulting in a total transaction value of $410,000. Following this sale, he now owns 19,193 shares directly. Additionally, he holds 2,818 shares indirectly through a 401(k) plan as of September 30, 2026.

This transaction may have implications for other executives in the telecommunications industry, as it reflects a trend of adjusting stock holdings among corporate leaders. Such moves can influence market perceptions and investor confidence.

What's next for ASH Menachem and IDT Corp remains unclear, as the filing does not specify any forthcoming actions or additional disclosures.

Details of the Transaction

The sale of the shares is categorized under transaction code 'S', indicating a sale of securities. This transaction was executed at a price of $82.00 per share, consistent with market conditions at the time.

Executive Role

ASH Menachem holds the position of Executive Vice President of Strategic and Legal Affairs at IDT Corp, underscoring his significant role within the organization.

Ownership Structure

Following the sale, Menachem's direct ownership of IDT's Class B common stock stands at 19,193 shares. The indirect ownership through his 401(k) plan remains at 2,818 shares as of September 30, 2026, indicating a substantial investment in the company.

This filing does not include any specific insights into Menachem's future plans or the strategic direction of IDT Corp following this transaction.