Innodata (INOD) interim CFO sells 19,667 shares in May 29 trades
Rhea-AI Filing Summary
Innodata interim CFO Marissa B. Espineli reported multiple stock transactions involving the company’s common shares. On May 29, 2026 she executed open-market sales totaling 19,667 shares at weighted average prices around $105–$107 per share. She also exercised stock options covering 19,667 shares at strike prices of $3.41 and $43.01 per share, converting derivative awards into common stock.
According to the disclosure, the sales were made as part of her financial planning, including retirement and portfolio diversification purposes. The filing also notes 25,074 restricted stock units scheduled to vest in tranches between December 2026 and December 2028, which will settle in Innodata common stock upon vesting.
Positive
- None.
Negative
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Insider Trade Summary
Exercise and Sale: 19,667 shares ($1.70M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Espineli Marissa B
Role
Interim CFO
Sold
19,667 shs ($2.08M)
Approx. gross sale proceeds
$2.08M
Approx. exercise cost
$384K
Approx. pre-tax spread
$1.70M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,667 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 8,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,667 | $3.41 | $40K |
| Exercise | Common Stock | 8,000 | $43.01 | $344K |
| Sale | Common Stock | 12,020 | $105.45 | $1.27M |
| Sale | Common Stock | 6,039 | $106.36 | $642K |
| Sale | Common Stock | 1,608 | $107.35 | $173K |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,000 shares (Direct);
Common Stock — 28,014 shares (Direct)
Footnotes (7)
- F1. Includes 25,074 restricted stock units ("RSUs"). 12,000 will vest in two equal installments on December 20, 2026 and December 20, 2027, and 13,074 will vest in three equal installments on December 31, 2026, December 31, 2027 and December 31, 2028. The RSUs will be settled into shares of Innodata Inc.'s common stock upon vesting.
- F2. The sale of the shares reported in Column 4 was made as part of the reporting person's financial planning, including for retirement and portfolio diversification purposes.
- F3. This transaction was executed in multiple trading prices ranging from $105 to $105.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4. This transaction was executed in multiple trading prices ranging from $106.01 to $107. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5. This transaction was executed in multiple trading prices ranging from $107.20 to $107.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6. This stock option became fully vested and exercisable on October 7, 2025.
- F7. One third of this stock option vested on December 20, 2025, and the remaining two thirds will vest in two equal installments on December 20, 2026 and December 20, 2027.
Key Figures
Shares sold: 19,667 shares
Sale prices: $105–$107/share
Options exercised: 19,667 shares
+4 more
7 metrics
Shares sold
19,667 shares
Open-market sales of Innodata common stock on May 29, 2026
Sale prices
$105–$107/share
Weighted average price ranges across reported sale tranches
Options exercised
19,667 shares
Common shares acquired via option exercises on May 29, 2026
Option strike prices
$3.41 and $43.01/share
Exercise or conversion prices for stock options
RSUs outstanding
25,074 RSUs
Restricted stock units scheduled to vest between Dec 2026 and Dec 2028
RSU vesting 2026–2027
12,000 RSUs
Vest in two equal installments on Dec 20, 2026 and Dec 20, 2027
RSU vesting 2026–2028
13,074 RSUs
Vest in three equal installments on Dec 31, 2026–2028
Key Terms
restricted stock units ("RSUs"), stock option, weighted average sale price, open-market sale, +1 more
5 terms
restricted stock units ("RSUs") financial
"Includes 25,074 restricted stock units ("RSUs"). 12,000 will vest in two equal installments..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
stock option financial
"This stock option became fully vested and exercisable on October 7, 2025."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Innodata (INOD) interim CFO report on May 29, 2026?
Innodata interim CFO Marissa B. Espineli reported open-market sales of 19,667 common shares and exercises of stock options for 19,667 shares on May 29, 2026. The transactions involved non-derivative stock and derivative stock options converting into common shares.
At what prices did the Innodata (INOD) interim CFO sell common stock?
The reported sales occurred at weighted average prices around $105–$107 per share, with specific tranches priced near $105.45, $106.36 and $107.35. Footnotes indicate each sale comprised multiple trades within stated price ranges on the same trading day.
What was the stated purpose of the Innodata (INOD) interim CFO’s stock sales?
The filing states the sales were part of Marissa B. Espineli’s personal financial planning, including retirement and portfolio diversification. This language frames the dispositions as planning-related transactions rather than being tied to any disclosed company-specific operational or financial event.
What option strike prices were involved in the Innodata (INOD) interim CFO’s exercises?
The interim CFO exercised stock options with strike prices of $3.41 and $43.01 per share, converting them into Innodata common stock. Footnotes describe the vesting history of these options, including past vesting dates and remaining scheduled vesting installments for one option grant.
What restricted stock units (RSUs) does the Innodata (INOD) interim CFO hold and when do they vest?
The filing notes 25,074 RSUs for Marissa B. Espineli. Of these, 12,000 vest in equal installments on December 20, 2026 and December 20, 2027, and 13,074 vest in equal installments on December 31, 2026, December 31, 2027 and December 31, 2028.