STOCK TITAN

Innodata (NASDAQ: INOD) CEO sells 152,800 shares after exercising options

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

Rhea-AI Filing Summary

Innodata Inc. CEO Jack Abuhoff reported a mix of option exercises and stock sales. On May 19–20, 2026, he exercised options to acquire 152,800 shares of common stock at $4.99 per share and sold 152,800 shares in open-market transactions at weighted-average prices around $92–$95.

Following these trades, he directly owns 1,340,456 Innodata common shares. This holding includes 140,098 restricted stock units that will vest in scheduled installments from December 2026 through December 2028, and will be settled in common stock upon vesting. The filing notes the sales were part of his long-term financial planning, including retirement and portfolio diversification.

Positive

  • None.

Negative

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Insider ABUHOFF JACK
Role CEO
Sold 152,800 shs ($14.28M)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 150,000 $0.00 --
Exercise Common Stock 150,000 $4.99 $749K
Sale Common Stock 43,551 $92.51 $4.03M
Sale Common Stock 68,775 $93.52 $6.43M
Sale Common Stock 37,674 $94.45 $3.56M
Exercise Stock Option (Right to Buy) 2,800 $0.00 --
Exercise Common Stock 2,800 $4.99 $14K
Sale Common Stock 2,800 $93.03 $260K
Holdings After Transaction: Stock Option (Right to Buy) — 293,642 shares (Direct, null); Common Stock — 1,490,456 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 $93 to $93.05. 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 $92.05 to $93.04. 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 $93.05 to $94.04. 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 $94.06 to $94.86. 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 January 1, 2025.
Shares sold 152,800 shares Total common shares sold in open-market trades on May 19–20, 2026
Option exercise size 152,800 shares Common shares acquired via stock option exercises
Option exercise price $4.99/share Exercise price for Innodata stock options converted in May 2026
Post-transaction holdings 1,340,456 shares Innodata common shares directly owned by CEO after trades
RSUs outstanding 140,098 units Restricted stock units that will settle into Innodata shares upon vesting
Sale price example $94.45/share One reported weighted-average price for CEO’s open-market sales
Remaining stock options 293,642 options Stock options following latest reported option exercise transaction
restricted stock units financial
"Includes 140,098 restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
stock option financial
"This stock option became fully vested and exercisable on January 1, 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.
long-term financial planning financial
"The sale of the shares ... was made as part of the reporting person's long-term financial planning, including for retirement and portfolio diversification purposes."
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)
05/19/2026
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 Stock05/19/2026M2,800A$4.991,343,256(1)D
Common Stock05/19/2026S2,800(2)D$93.03(3)1,340,456(1)D
Common Stock05/20/2026M150,000A$4.991,490,456(1)D
Common Stock05/20/2026S43,551(2)D$92.51(4)1,446,905(1)D
Common Stock05/20/2026S68,775(2)D$93.52(5)1,378,130(1)D
Common Stock05/20/2026S37,674(2)D$94.45(6)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)$4.9905/19/2026M2,800 (7)03/09/2032Common Stock2,800$0443,642D
Stock Option (Right to Buy)$4.9905/20/2026M150,000 (7)03/09/2032Common Stock150,000$0293,642D
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 $93 to $93.05. 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 $92.05 to $93.04. 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 $93.05 to $94.04. 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 $94.06 to $94.86. 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 stock option became fully vested and exercisable on January 1, 2025.
/s/ Amy Agress Attorney-in fact for Jack Abuhoff05/20/2026
** 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 insider transactions did Innodata (INOD) report for CEO Jack Abuhoff?

CEO Jack Abuhoff exercised options for 152,800 Innodata shares at $4.99 and sold 152,800 shares in open-market trades around $92–$95 on May 19–20, 2026. These actions combined option exercise with immediate share disposals.

How many Innodata (INOD) shares did the CEO sell and at what prices?

Jack Abuhoff sold a total of 152,800 Innodata common shares. The reported weighted-average sale prices were approximately $93.03, $92.51, $93.52, and $94.45 per share, executed across multiple trades within narrow intraday price ranges on May 19–20, 2026.

How many Innodata (INOD) shares does CEO Jack Abuhoff hold after these transactions?

After the May 2026 transactions, Jack Abuhoff directly holds 1,340,456 Innodata common shares. This figure includes both regular shares and 140,098 restricted stock units that will convert into additional common shares for him as they vest over future years.

What stock options did Innodata (INOD) CEO exercise in May 2026?

In May 2026, Jack Abuhoff exercised stock options covering 152,800 Innodata common shares at a $4.99 exercise price. These option exercises converted derivative rights into actual shares, which were then matched by open-market sales of the same aggregate share amount.

What restricted stock units (RSUs) does the Innodata (INOD) CEO hold and when do they vest?

The CEO holds 140,098 Innodata restricted stock units. Of these, 40,000 vest in two equal installments on December 20, 2026 and 2027, while 100,098 vest in three equal installments on December 31 of 2026, 2027, and 2028, settling in common shares.

What reason did Innodata’s CEO give for selling shares in this Form 4?

The filing states Jack Abuhoff’s share sales were part of his long-term financial planning. It specifically cites retirement and portfolio diversification purposes, indicating the transactions reflect personal financial management rather than being described as trades driven by near-term company developments.