INOD Form 144: 30,000 Shares Listed for Sale

The issuer submitted a Form 144 notice covering 30,000 common shares related to option exercises on 05/12/2026.

Rhea-AI Filing Summary

The issuer submitted a Form 144 notice covering 30,000 common shares related to option exercises on 05/12/2026. The filing lists two sales tied to the exercise of options under a registered plan: 20,000 and 10,000 shares, each described as "Cash" transactions and labeled "Issuer." The broker shown is Morgan Stanley Smith Barney LLC.

Insights

Securities Compliance Analyst

Routine Form 144 notice for exercised options totaling 30,000 shares.

The excerpt lists 30,000 common shares to be sold following option exercises on 05/12/2026, split into 20,000 and 10,000 share entries. Transactions are described as "Cash" and reference the Issuer and Morgan Stanley Smith Barney LLC as broker.

These entries appear administrative: the filing documents proposed sales after option exercises under a registered plan. Cash‑flow treatment and timing of actual market sales are not detailed in the excerpt.

Key Figures

Total shares listed: 30,000 shares First sale entry: 20,000 shares Second sale entry: 10,000 shares +3 more

6 metrics

Total shares listed 30,000 shares Aggregate from two entries on 05/12/2026

First sale entry 20,000 shares Exercise of options under a registered plan on 05/12/2026

Second sale entry 10,000 shares Exercise of options under a registered plan on 05/12/2026

Broker named Morgan Stanley Smith Barney LLC Broker listed on the Form 144 cover data

Reference amount 2,665,938.00 Numeric field shown on the excerpt (exact label not provided)

Reference amount 32,655,358 Numeric field shown on the excerpt (exact label not provided)

Key Terms

Form 144, Exercise of options under a registered plan, Cash, Broker

4 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

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

"Common | 05/12/2026 | Exercise of options under a registered plan"

Cash financial

"Issuer | | | 20000 | 05/12/2026 | Cash"

Broker regulatory

"Morgan Stanley Smith Barney LLC Executive Financial Services"

A broker is a licensed professional or firm that helps investors buy and sell financial assets by executing trades on their behalf, acting like a marketplace agent or matchmaker between buyers and sellers. Brokers matter to investors because they provide access to markets, handle order execution and paperwork, and can offer research or advice—services that affect trade speed, costs, and the quality of investment decisions.

FAQ

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

What does INOD's Form 144 list for shares to be sold?

The filing lists 30,000 common shares in total: 20,000 and 10,000 share entries related to option exercises on 05/12/2026. It labels the transactions as "Cash" and references the issuer.

Were the shares linked to option exercises or open‑market purchases for INOD?

The excerpt ties the shares to the "Exercise of options under a registered plan" on 05/12/2026. Each sale line in the excerpt is described with that exercise notation.

Which broker is named on the INOD Form 144?

The broker identified is Morgan Stanley Smith Barney LLC with an address of 1 New York Plaza, 8th Floor, New York, NY 10004, as shown in the excerpt.

Does the Form 144 state when the shares will actually be sold?

The excerpt shows the transaction date 05/12/2026 tied to option exercise, but it does not provide a schedule for when any resale will occur in the market.

Are proceeds recipients specified in the INOD excerpt?

Each sale line is labeled with the word Issuer and the method Cash in the excerpt, indicating the entries relate to cash exercises; no further proceeds allocation details appear.

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

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Accepted by SEC EDGAR 05/12/2026 - 04:17 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	30000	2665938.00	32655358	05/12/2026	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	05/12/2026	Exercise of options under a registered plan	Issuer			20000	05/12/2026	Cash
Common	05/12/2026	Exercise of options under a registered plan	Issuer			10000	05/12/2026	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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/12/2026
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)