Louise Forlenza files Form 144 to sell 15,000 shares

Louise Forlenza submitted a notice under Rule 144 reporting the sale and planned sale of Common Stock.

Rhea-AI Filing Summary

Louise Forlenza submitted a notice under Rule 144 reporting the sale and planned sale of Common Stock. The filing lists 15,000 shares to be sold on 05/20/2026 in connection with an exercise of options under a registered plan. It also reports prior sales of 5,000 shares on 05/19/2026 for $430,508.50 and 30,000 shares on 05/12/2026 for $2,665,938.00.

Insights

Securities Compliance Analyst

Routine Rule 144 filing reporting option exercise and recent dispositions.

The filing documents an exercise of options under a registered plan tied to the planned sale of 15,000 shares on 05/20/2026. The notice includes two recent dispositions totaling 35,000 shares with proceeds shown.

These filings typically notify the market of restricted resale activity and provide transaction-level detail; cash treatment and any broker or lock-up qualifiers are stated as Cash for the planned sale.

Key Figures

Planned sale: 15,000 shares Recent sale: 5,000 shares Recent sale: 30,000 shares

3 metrics

Planned sale 15,000 shares to be sold on 05/20/2026 after exercise of options under a registered plan

Recent sale 5,000 shares sold on 05/19/2026 for $430,508.50

Recent sale 30,000 shares sold on 05/12/2026 for $2,665,938.00

Key Terms

Form 144, exercise of options under a registered plan, Cash

3 terms

Form 144 regulatory

"submitted a notice under Rule 144 reporting the sale and planned sale"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

exercise of options under a registered plan financial

"listed as the reason for the 05/20/2026 securities to be sold"

Cash financial

"method of payment shown for the 05/20/2026 planned sale"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Louise Forlenza's Form 144 for INOD report?

It reports a planned sale of 15,000 common shares on 05/20/2026 related to an exercise of options under a registered plan. The filing also lists prior sales of 5,000 and 30,000 common shares earlier in May 2026.

How much proceeds were reported for the recent May 2026 sales?

The filing shows proceeds of $430,508.50 for 5,000 shares sold on 05/19/2026 and $2,665,938.00 for 30,000 shares sold on 05/12/2026, as disclosed in the Form 144 entries.

What is the method and timing for the planned 15,000-share sale?

The planned sale is tied to an exercise of options under a registered plan and is listed with Cash as the payment method, scheduled for 05/20/2026, per the filing's "Securities To Be Sold" row.

Does the Form 144 disclose who is acting as broker for the sale?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services with an address at 1 New York Plaza, indicating the broker-dealer involved in the transaction details as shown on the form.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 04:07 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001197984
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	INNODATA INC.
SEC File Number	001-35774
Address of Issuer	55 Challenger Road Ridgefield Park NEW JERSEY 07660
Phone	(201) 371-8000
Name of Person for Whose Account the Securities are To Be Sold	LOUISE FORLENZA
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	15000	1385025.50	32655358	05/20/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/20/2026	Exercise of options under a registered plan	Issuer			15000	05/20/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
LOUISE FORLENZA 55 Challenger Road Ridgefield Park NJ 07660	Common	05/19/2026	5000	430508.50
LOUISE FORLENZA 55 Challenger Road Ridgefield Park NJ 07660	Common	05/12/2026	30000	2665938.00

144: Remarks and Signature

Remarks
Date of Notice	05/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Louise C Forlenza
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)