Director at Innodata (NASDAQ: INOD) receives 1,481 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Massey Stewart R reported acquisition or exercise transactions in this Form 4 filing.
Innodata Inc. director Stewart R. Massey received a grant of 1,481 shares of Common Stock as a restricted stock unit (RSU) award at a price of $0.00 per share. These RSUs will vest 100% on the earlier of June 4, 2027 or the company’s 2027 annual meeting of stockholders, and will be settled in Innodata common shares upon vesting. After this award, Massey holds 30,686 Innodata shares directly, including the 1,481 RSUs, and also has 11,000 shares held indirectly through a SEP IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Massey Stewart R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,481 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,686 shares (Direct, null);
Common Stock — 11,000 shares (Indirect, SEP IRA)
Footnotes (1)
- These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders, and will be settled into shares of Innodata Inc.'s common stock upon vesting. Includes 1,481 RSUs that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders. The RSUs will be settled into shares of Innodata Inc.'s common stock upon vesting.
Key Figures
RSUs granted: 1,481 units
Grant price: $0.00 per share
Direct holdings after grant: 30,686 shares
+2 more
5 metrics
RSUs granted
1,481 units
Restricted stock units of Common Stock granted to director
Grant price
$0.00 per share
Price per share for the RSU award
Direct holdings after grant
30,686 shares
Total Innodata shares directly held after RSU award
Indirect SEP IRA holdings
11,000 shares
Innodata shares held indirectly through SEP IRA
RSU vesting date trigger
June 4, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units ("RSUs"), SEP IRA, annual meeting of stockholders, Grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier"
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.
SEP IRA financial
"direct_or_indirect": "I", "nature_of_ownership": "SEP IRA""
annual meeting of stockholders financial
"the date of Innodata Inc.'s 2027 annual meeting of stockholders, and will be settled"
Grant, award, or other acquisition regulatory
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Innodata (INOD) director Stewart R. Massey report on this Form 4?
Innodata director Stewart R. Massey reported receiving 1,481 restricted stock units (RSUs) of Common Stock. The award is compensation-related, issued at $0.00 per share, and increases his total direct holdings to 30,686 Innodata shares.
How many Innodata (INOD) RSUs were granted to Stewart R. Massey and at what price?
Stewart R. Massey was granted 1,481 Innodata RSUs at $0.00 per share. These units represent a stock-based compensation award and will convert into Innodata common shares once they vest according to the award’s schedule.
When do Stewart R. Massey’s Innodata (INOD) RSUs vest according to the filing?
The 1,481 Innodata RSUs vest 100% on the earlier of June 4, 2027 or the company’s 2027 annual meeting of stockholders. Once vested, they will be settled into shares of Innodata’s common stock.
What does the SEP IRA holding mean in Stewart R. Massey’s Innodata (INOD) Form 4?
The Form 4 shows 11,000 Innodata shares held indirectly through a SEP IRA. This indicates those shares are in a retirement account associated with Massey, separate from his directly held 30,686 Innodata shares reported after the RSU grant.