STOCK TITAN

Louise Forlenza to sell 15,000 shares (INOD) after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

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Insights

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.

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
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"

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

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.