Innodata officer proposes 10,000-share sale

An Innodata officer filed a Rule 144 notice to sell 10,000 common shares obtained via option exercises.

Rhea-AI Filing Summary

INNODATA INC (INOD) received a notice that officer Louise C. Forlenza plans to sell common stock under Rule 144. The filing indicates a proposed sale of 10,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ, with the shares to be obtained by exercising stock options under a registered plan for cash on September 4, 2026.

Key Figures

Proposed shares to be sold: 10,000 shares of common stock Option exercise tranche 1: 2,000 shares Option exercise tranche 2: 8,000 shares +2 more

5 metrics

Proposed shares to be sold 10,000 shares of common stock Total common shares covered by the Rule 144 notice

Option exercise tranche 1 2,000 shares Shares to be acquired by exercise of options under a registered plan on September 4, 2026

Option exercise tranche 2 8,000 shares Additional shares to be acquired by option exercise under a registered plan on September 4, 2026

Issuer SEC file number 001-35774 SEC file number for Innodata Inc. as stated in the notice

Signature date September 4, 2026 Date the Form 144 notice was signed by Louise C. Forlenza

Key Terms

Rule 144, Exercise of Options Under a Registered Plan, Executive Financial Services

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Exercise of Options Under a Registered Plan financial

"Common | 09/04/2026 | Exercise of Options Under a Registered Plan |"

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the Form 144 filing disclose for INOD?

The Form 144 filing discloses that Louise C. Forlenza, an officer of Innodata Inc. (INOD), has notified of a proposed sale of 10,000 shares of common stock under Rule 144 through a brokerage firm on the NASDAQ market.

How many INOD shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 10,000 shares of Innodata Inc. common stock. These shares are associated with stock options that are to be exercised under a registered plan for cash.

How will the securities in this INOD Form 144 be acquired before sale?

The securities will be acquired through the exercise of options under a registered plan for cash, with two option exercises listed: one for 2,000 shares and another for 8,000 shares, both dated September 4, 2026.

Who is the person selling INOD shares under this Form 144?

The person is Louise C. Forlenza, identified as an officer of Innodata Inc. The Form 144 is filed for sales to be made for her account in accordance with Rule 144.

Which broker is listed for the proposed INOD share sale?

The proposed sale of Innodata Inc. common stock is listed as being through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, for transactions on the NASDAQ market.

On what date are the INOD option exercises and potential sale planned?

The filing lists September 4, 2026 as the date for both the option exercises under a registered plan and the related cash transactions, and it is also the date on which the notice is signed.

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

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Available on EDGAR 09/04/2026 - 04:18 PM EDT Accepted by SEC EDGAR 09/04/2026 - 04:17 PM EDT 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 SUITE 202 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	10000	550114.00	34382651	09/04/2026	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	09/04/2026	Exercise of Options Under a Registered Plan	Issuer			2000	09/04/2026	Cash
Common	09/04/2026	Exercise of Options Under a Registered Plan	Issuer			8000	09/04/2026	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	09/04/2026
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)