IDT Corporation Director Judah Schorr Sells $1.12 Million in Class B Common Stock

Investing.com News•Published: Oct 17, 2026 03:15 PM IST

IDT Corporation director Judah Schorr sold $1.12 million worth of Class B common stock, according to a disclosure filed on October 17, 2026. The insider sale was officially reported to the U.S. Securities and Exchange Commission, detailing a substantial disposition of equity by the company director.

Transaction Breakdown: Director Judah Schorr executed the sale of Class B common stock totaling $1.12 million in market value.
Regulatory Disclosure: The sale was formalized in a U.S. Securities and Exchange Commission (SEC) filing, ensuring compliance with federal insider reporting regulations.
Equity Position: The transaction reduces Schorr's direct holding of Class B common shares in the multinational telecommunications and payment services provider.

The Context & Background

IDT Corporation, headquartered in Newark, New Jersey, operates across financial technology, retail communications, and cloud services sectors. Corporate insider transactions are tracked by market observers to evaluate executive portfolio shifts and company sentiment.

What It Means For You:Insider stock sales by company directors frequently draw attention from retail and institutional investors tracking corporate executive confidence. While directors often sell shares for personal diversification or liquidity rather than operational concerns, significant transactions can influence near-term trading sentiment surrounding the stock.

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