INNODATA (INOD) CEO Abuhoff exercises options, sells 294K shares, keeps large stake
Rhea-AI Filing Summary
INNODATA INC CEO Jack Abuhoff reported a mix of stock option exercises and open-market sales of common stock. On June 15–16, 2026, he exercised options for a total of 294,059 shares at strike prices of $1.24 and $3.41 per share and sold 294,059 shares in multiple open-market trades, at weighted average prices generally between about $103.49 and $113.16 per share.
Following these transactions, he directly owned 1,340,456 shares of common stock and also held 140,098 restricted stock units that will vest in stages from December 2026 through December 2028. A footnote states the sales were part of his long-term financial planning, including retirement and portfolio diversification.
Positive
- None.
Negative
- None.
Insights
CEO exercised options and sold shares, with substantial holdings remaining.
Jack Abuhoff, CEO of INNODATA INC, exercised stock options to acquire 294,059 common shares at strike prices of $1.24 and $3.41. He then sold 294,059 common shares in open-market transactions at prices around $103–$113 per share.
The pattern fits an exercise-and-sell strategy: options, which were already fully vested, were converted into shares and those shares were sold, realizing value from prior equity awards. After these trades, he still held 1,340,456 common shares directly and 140,098 RSUs that vest between December 2026 and December 2028, indicating a continuing large equity stake.
A footnote explains the sales were undertaken as part of long-term financial planning, including retirement and diversification. There is no reference to a Rule 10b5-1 trading plan in the excerpt. Overall, this appears to be a sizable but contextually routine liquidity event rather than a change in his fundamental equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 65,941 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 134,059 | $0.00 | -- |
| Exercise | Common Stock | 65,941 | $3.41 | $225K |
| Exercise | Common Stock | 134,059 | $1.24 | $166K |
| Sale | Common Stock | 16,869 | $107.31 | $1.81M |
| Sale | Common Stock | 19,103 | $108.31 | $2.07M |
| Sale | Common Stock | 54,411 | $109.55 | $5.96M |
| Sale | Common Stock | 41,593 | $110.42 | $4.59M |
| Sale | Common Stock | 42,870 | $111.50 | $4.78M |
| Sale | Common Stock | 23,592 | $112.39 | $2.65M |
| Sale | Common Stock | 1,562 | $113.16 | $177K |
| Exercise | Stock Option (Right to Buy) | 94,059 | $0.00 | -- |
| Exercise | Common Stock | 94,059 | $3.41 | $321K |
| Sale | Common Stock | 12,010 | $103.49 | $1.24M |
| Sale | Common Stock | 15,942 | $104.64 | $1.67M |
| Sale | Common Stock | 25,653 | $105.81 | $2.71M |
| Sale | Common Stock | 32,914 | $106.52 | $3.51M |
| Sale | Common Stock | 6,240 | $107.35 | $670K |
| Sale | Common Stock | 1,300 | $108.50 | $141K |
Footnotes (1)
- Includes 140,098 restricted stock units ("RSUs"). 40,000 will vest in two equal installments on December 20, 2026 and December 20, 2027, and 100,098 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. The sale of the shares reported in Column 4 was made as part of the reporting person's long-term financial planning, including for retirement and portfolio diversification purposes. This transaction was executed in multiple trading prices ranging from $103.07 to $104.05. 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. This transaction was executed in multiple trading prices ranging from $104.10 to $105.08. 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. This transaction was executed in multiple trading prices ranging from $105.11 to $106.10. 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. This transaction was executed in multiple trading prices ranging from $106.11 to $107.10. 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. This transaction was executed in multiple trading prices ranging from $107.11 to $107.69. 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. This transaction was executed in multiple trading prices ranging from $108.16 to $108.90. 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. This transaction was executed in multiple trading prices ranging from $106.97 to $107.93. 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. This transaction was executed in multiple trading prices ranging from $107.98 to $108.92. 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. This transaction was executed in multiple trading prices ranging from $109 to $109.99. 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. This transaction was executed in multiple trading prices ranging from $110 to $110.99. 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. This transaction was executed in multiple trading prices ranging from $111 to $111.97. 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. This transaction was executed in multiple trading prices ranging from $112 to $112.99. 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. This transaction was executed in multiple trading prices ranging from $113 to $113.60. 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. This stock option became fully vested and exercisable on October 7, 2025. This stock option became fully vested and exercisable on August 1, 2022.