STOCK TITAN

Louise Forlenza to sell 5,000 shares (NASDAQ: INOD) after option exercise

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

Rhea-AI Filing Summary

Louise Forlenza filed a notice under Form 144 to sell 5,000 shares of Common Stock via Morgan Stanley Smith Barney LLC on 05/19/2026 arising from the exercise of options under a registered plan for cash. The filing also reports 30,000 shares sold on 05/12/2026.

Positive

  • None.

Negative

  • None.

Insights

Notice documents a broker-handled sale after option exercise; routine compliance filing.

The entry lists an exercise of options under a registered plan resulting in 5,000 shares to be sold through Morgan Stanley Smith Barney LLC on 05/19/2026. This is presented as a standard Form 144 disclosure of a proposed resale.

The filing also records a prior sale of 30,000 shares on 05/12/2026 with proceeds shown. Review of broker handling, withholding/cash settlement mechanics, and timing relative to any Rule 144 holding periods would be routine follow-ups; timing details beyond the listed dates are not provided in the excerpt.

Planned resale 5,000 shares to be sold on 05/19/2026 after option exercise
Recent sale 30,000 shares sold on 05/12/2026
Aggregate value reported $2,665,938.00 value shown for 30,000-share sale on 05/12/2026
Form 144 regulatory
"filed a notice under Form 144 to sell 5,000 shares"
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
"Exercise of options under a registered plan resulting in 5,000 shares"
broker-handled resale market
"Morgan Stanley Smith Barney LLC listed as the broker for the 5,000-share 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 disclose?

It discloses a proposed sale of 5,000 shares via Morgan Stanley Smith Barney LLC on 05/19/2026, and a prior sale of 30,000 shares on 05/12/2026. The transactions are tied to option exercise and broker-handled resale.

How many shares were reported sold in the past three months for INOD?

The filing shows 30,000 shares sold on 05/12/2026. The entry includes an aggregate value of $2,665,938.00 associated with that sale in the provided content.

What is the method of sale for the 5,000 INOD shares?

The 5,000 shares are listed as resulting from an exercise of options under a registered plan and are to be sold for cash through Morgan Stanley Smith Barney LLC on 05/19/2026 according to the excerpt.

Does the Form 144 excerpt state who receives the proceeds for the INOD sale?

The excerpt ties the 5,000-share transaction to an exercise of options under a registered plan and lists cash as the consideration method; it does not explicitly state any further allocation of proceeds in the provided text.