[Form 3] INNODATA INC Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Innodata (INOD) executive Rahul Singhal, President and CRO, filed an initial statement of beneficial ownership. He reports 95,000 shares of common stock, which include 60,000 RSUs vesting in three equal installments on December 20, 2025, 2026, and 2027.

He also holds options for 26,667 shares at $3.41 expiring 10/06/2032 (fully vested) and options for 80,000 shares at $43.01 expiring 12/19/2034, vesting in three equal installments on December 20, 2025, 2026, and 2027. The date of the event is 11/05/2025.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Singhal Rahul

(Last) (First) (Middle)

C/O INNODATA INC.

55 CHALLENGER ROAD

(Street)

RIDGEFIELD PARK NJ 07660

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/05/2025

3. Issuer Name and Ticker or Trading Symbol
INNODATA INC [ INOD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CRO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	95,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(2)	10/06/2032	Common Stock	26,667	$3.41	D
Stock Option (Right to Buy)	(3)	12/19/2034	Common Stock	80,000	$43.01	D

Explanation of Responses:

1. Includes 60,000 restricted stock units ("RSUs") that will vest in three equal installments on December 20, 2025, December 20, 2026 and December 20, 2027, and will be settled into shares of Innodata Inc.'s common stock upon vesting.

2. This stock option is fully vested and exercisable.

3. This stock option vests in three equal installments on December 20, 2025, December 20, 2026 and December 20, 2027.

Remarks:

Exhibit List: EX-24 Power of Attorney for Rahul Singhal

	/s/ Amy Agress, Attorney-in-fact for Rahul Singhal	11/13/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did INOD disclose in this Form 3?

Rahul Singhal, President and CRO, reported 95,000 common shares, including 60,000 RSUs vesting on Dec 20, 2025/2026/2027.

How many stock options does Rahul Singhal have at Innodata (INOD)?

He holds options for 26,667 shares at $3.41 expiring 10/06/2032 and 80,000 shares at $43.01 expiring 12/19/2034.

Are any of the options fully vested?

Yes. The 26,667-share option at $3.41 is fully vested and exercisable.

What is the vesting schedule for the new RSUs at INOD?

The 60,000 RSUs vest in three equal installments on Dec 20, 2025, Dec 20, 2026, and Dec 20, 2027.

When do the 80,000-share options vest for INOD’s President/CRO?

They vest in three equal installments on Dec 20, 2025, Dec 20, 2026, and Dec 20, 2027.

What is the event date on this INOD Form 3?

The event date is 11/05/2025.