Howard S. Jonas - Jan 30, 2024 Form 4 Insider Report for Rafael Holdings, Inc. (RFL)

Role
Executive Chairman, Director
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
RFL
Transactions as of
Jan 30, 2024
Transactions value $
$0
Form type
4
Date filed
2/1/2024, 04:05 PM
Previous filing
Jan 26, 2024
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFL Class B Common Stock, par value $.01 per share Other $0 -348K -61.8% $0.00 215K Jan 30, 2024 Direct F1, F2
transaction RFL Class B Common Stock, par value $.01 per share Other $0 +348K $0.00 348K Jan 30, 2024 By HSJ 2024 Rafael Annuity Trust F1
holding RFL Class B Common Stock, $.01 par value per share 3.23M Jan 30, 2024 By I9 Plus, LLC F3
holding RFL Class B Common Stock, $.01 par value per share 0 Jan 30, 2024 Custodial for Daughter (Miriam) F4
holding RFL Class B Common Stock, $.01 par value per share 98.8K Jan 30, 2024 By The Jonas Foundation
holding RFL Class B Common Stock, $.01 par value per share 0 Jan 30, 2024 By IDT Corporation's 401(k) Plan F5
holding RFL Class A Common Stock, $.01 par value per share 787K Jan 30, 2024 Rafael A Partners, L.P. F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transfer from the Reporting Person's direct holdings to the HSJ 2024 Rafael Annuity Trust.
F2 Consists of 215,279 unvested restricted shares of stock that vest as follows: 27,852 on March 13, 2024, and 187,427 on June 13, 2024.
F3 Owned by trusts for the benefit of the Reporting Person's children, and managed by Reporting Person's immediate family member.
F4 The Reporting Person no longer has a reportable indirect beneficial interest in 778 shares of Class B Common Stock owned by his adult child who does not reside with the Reportable Person, the shares of which were previously reported in an individual account for such child.
F5 The previously reported shares of Class B common stock held indirectly by the Reporting Person in IDT Corporation's 401(k) Plan were liquidated when the Plan terminated the Rafael Stock Fund and the shares were reallocated to the Transamerica Guaranteed Investment Fund.
F6 The Reporting Person is the sole manager of the sole general partner of the limited partnership and, therefore, has sole voting and dispositive power over the shares of Class A common stock held by the minited partnership.