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INNODATA (INOD) CEO Abuhoff exercises options, sells 294K shares, keeps large stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Negative

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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 ABUHOFF JACK
Role CEO
Sold 294,059 shs ($31.98M)
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
Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct, null); Common Stock — 1,406,397 shares (Direct, null)
Footnotes (1)
  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.
Shares sold 294,059 shares Open-market sales of common stock on June 15–16, 2026
Shares from options exercised 294,059 shares Common shares acquired via stock option exercises
Highest reported sale price $113.16 per share Weighted average price for one sale tranche
Example lower sale price $103.49 per share Weighted average price for one reported sale line
Post-transaction common shares 1,340,456 shares Direct common stock ownership after reported trades
Outstanding RSUs 140,098 units RSUs vesting between December 2026 and December 2028
Option strike price 1 $1.24 per share Stock option (Right to Buy) exercise price
Option strike price 2 $3.41 per share Stock option (Right to Buy) exercise price
restricted stock units ("RSUs") financial
"Includes 140,098 restricted stock units ("RSUs"). 40,000 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
long-term financial planning financial
"made as part of the reporting person's long-term financial planning, including for retirement..."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ABUHOFF JACK

(Last)(First)(Middle)
C/O INNODATA INC.
55 CHALLENGER ROAD

(Street)
RIDGEFIELD PARK NEW JERSEY 07660

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INNODATA INC [ INOD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M94,059A$3.411,434,515(1)D
Common Stock06/15/2026S12,010(2)D$103.49(3)1,422,505(1)D
Common Stock06/15/2026S15,942(2)D$104.64(4)1,406,563(1)D
Common Stock06/15/2026S25,653(2)D$105.81(5)1,380,910(1)D
Common Stock06/15/2026S32,914(2)D$106.52(6)1,347,996(1)D
Common Stock06/15/2026S6,240(2)D$107.35(7)1,341,756(1)D
Common Stock06/15/2026S1,300(2)D$108.5(8)1,340,456(1)D
Common Stock06/16/2026M65,941A$3.411,406,397(1)D
Common Stock06/16/2026M134,059A$1.241,540,456(1)D
Common Stock06/16/2026S16,869(2)D$107.31(9)1,523,587(1)D
Common Stock06/16/2026S19,103(2)D$108.31(10)1,504,484(1)D
Common Stock06/16/2026S54,411(2)D$109.55(11)1,450,073(1)D
Common Stock06/16/2026S41,593(2)D$110.42(12)1,408,480(1)D
Common Stock06/16/2026S42,870(2)D$111.5(13)1,365,610(1)D
Common Stock06/16/2026S23,592(2)D$112.39(14)1,342,018(1)D
Common Stock06/16/2026S1,562(2)D$113.16(15)1,340,456(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$3.4106/15/2026M94,059 (16)10/06/2032Common Stock94,059$065,941D
Stock Option (Right to Buy)$3.4106/16/2026M65,941 (16)10/06/2032Common Stock65,941$00D
Stock Option (Right to Buy)$1.2406/16/2026M134,059 (17)07/31/2029Common Stock134,059$0265,941D
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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.
15. 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.
16. This stock option became fully vested and exercisable on October 7, 2025.
17. This stock option became fully vested and exercisable on August 1, 2022.
/s/ Amy Agress Attorney-in fact for Jack Abuhoff06/16/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did INOD CEO Jack Abuhoff report in this Form 4 filing?

CEO Jack Abuhoff reported exercising stock options and selling common shares. He exercised options for 294,059 shares and sold 294,059 shares in open-market transactions on June 15–16, 2026, while retaining a significant remaining ownership stake.

How many INNODATA (INOD) shares does the CEO hold after these transactions?

After the reported transactions, CEO Jack Abuhoff directly owned 1,340,456 shares of Innodata common stock. In addition, he held 140,098 restricted stock units scheduled to vest in installments between December 2026 and December 2028, which will be settled in common shares upon vesting.

What prices were involved in Jack Abuhoff’s INOD stock sales?

The reported sales occurred at weighted average prices generally between about $103.49 and $113.16 per share. Several trades were executed across narrower price ranges, with each line item reflecting a weighted average sale price for those grouped transactions.

What stock options did the INOD CEO exercise in this filing?

Jack Abuhoff exercised options for 294,059 Innodata common shares. These included 134,059 shares at a $1.24 strike price and 160,000 shares at a $3.41 strike price, reflecting long-standing equity awards that were already fully vested and exercisable before the transactions.

Why does the Form 4 say the INOD CEO sold shares?

A footnote explains the reported sales were part of the CEO’s long-term financial planning. It states the transactions supported retirement objectives and portfolio diversification, indicating the sales were motivated by personal financial management rather than described as company-specific concerns.

What restricted stock units (RSUs) does the INOD CEO still have?

The filing notes that 140,098 restricted stock units are outstanding. Of these, 40,000 vest in two installments on December 20, 2026 and December 20, 2027, and 100,098 vest in three installments on December 31 of 2026, 2027, and 2028, settling into common shares.