IDT Corporation filed SEC Form 8-K: Regulation FD Disclosure, Other Events
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
(a) IDT Corporation’s (the “Company’s”) 2024 Annual Meeting of Stockholders was held on December 12, 2024 (the “Meeting”). Stockholders voted on the matters set forth below.
(b) (1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.
The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Vote | % Votes For | |||||
| Eric F. Cosentino | 5,791,594 | 650,083 | 2,532 | 0 | 89.87 | |||||
| Howard S. Jonas | 5,985,126 | 456,871 | 2,213 | 0 | 92.88 | |||||
| Irwin Katsof | 6,429,197 | 12,581 | 2,432 | 0 | 99.77 | |||||
| Judah Schorr | 5,878,381 | 563,920 | 1,909 | 0 | 91.22 | |||||
| Elaine S. Yatzkan | 6,040,814 | 401,492 | 1,904 | 0 | 93.74 |
(2) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval of an advisory vote on the compensation of the Named Executive Officers.
The number of votes cast with respect to this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Vote | % Votes For | ||||
| 6,380,504 | 39,146 | 24,560 | 0 | 99.01 |
(3) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval on an advisory vote on the frequency of future advisory votes on the executive compensation of the Named Executive Officers.
The number of votes cast with respect to this matter was as follows:
| One Year | Two Years | Three Years | Abstain | Broker Non-Vote | % Votes For | |||||
| 779,604 | 6,705 | 5,573,702 | 84,198 | 11 | 90.89 |
| Item 7.01 | Regulation FD Disclosure. |
On December 13, 2024, IDT Corporation (the “Registrant”) announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share. The dividend is payable on December 31, 2024 to stockholders of record as of December 23, 2024.
The Registrant is furnishing the information contained in this Current Report, pursuant to Item 7.01 of Form 8-K promulgated by the Securities and Exchange Commission (the “SEC”). This information shall not be deemed to be “filed” with the SEC or incorporated by reference into any other filing with the SEC.
| Item 8.01 | Other Items. |
The information contained in Item 7.01 above is incorporated herein by reference into this Item 8.01.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
Exhibit No. |
Document | |
| 104 | Cover Page Interactive Data File, formatted in Inline XRBL document |
| 2 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: December 13, 2024 | IDT CORPORATION | |
| By: | /s/ Shmuel Jonas | |
| Name: | Shmuel Jonas | |
| Title: | Chief Executive Officer | |
| 3 |
EXHIBIT INDEX
Exhibit No. |
Document | |
| 104 | Cover Page Interactive Data File, formatted in Inline XRBL document |
| 4 |