CFO David Polinsky's Stock Transaction in Rafael Holdings, Inc.

On October 25, 2025, David Polinsky, the Chief Financial Officer of Rafael Holdings, Inc., disposed of 4,180 shares of Class B Common Stock at a price of $1.35 per share. This transaction was related to shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock. Following this transaction, Polinsky owns 260,641 shares directly and through restricted stock arrangements. The restricted shares include 82,509 fully vested shares and 101,250 unvested shares, with vesting schedules extending through January 2029. The filing was signed by Joyce J. Mason, by Power of Attorney, on October 28, 2025.