Director at Innodata (INOD) receives 1,481 RSU grant with 2027 vesting
Rhea-AI Filing Summary
Callahan Don reported acquisition or exercise transactions in this Form 4 filing.
Innodata Inc. director Don Callahan received a grant of 1,481 restricted stock units (RSUs) of common stock on June 4, 2026. The award was made at no cash cost to him and increases his direct holdings to 3,154 shares and RSUs in total.
The 1,481 RSUs will vest 100% on the earlier of June 4, 2027 or Innodata Inc.'s 2027 annual meeting of stockholders, and will then be settled into common shares. Under the company’s deferred compensation program, payment of the vested shares will be deferred until a specified future event such as separation from service, certain qualifying events, or the third anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,481 shares
Net Buy
1 txn
Insider
Callahan Don
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,481 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 3,154 shares (Direct)
Footnotes (2)
- F1. 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. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's Amended and Restated Equity Compensation Plan), or (iii) the third anniversary of the date of grant.
- F2. 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 RSUs
Grant price: $0.00 per share
Holdings after grant: 3,154 shares/RSUs
+2 more
5 metrics
RSUs granted
1,481 RSUs
Grant of restricted stock units on June 4, 2026
Grant price
$0.00 per share
Reported transaction price per RSU
Holdings after grant
3,154 shares/RSUs
Total direct holdings following transaction
Vesting date
Earlier of June 4, 2027 or 2027 annual meeting
100% vesting condition for 1,481 RSUs
Deferred payment trigger
First of specified future events
Separation, death, disability, change of control, or 3rd anniversary
Key Terms
restricted stock units ("RSUs"), deferred compensation program, change of control, Amended and Restated Equity Compensation Plan
4 terms
restricted stock units ("RSUs") financial
"These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 4, 2027..."
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.
deferred compensation program financial
"Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date."
change of control financial
"the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's Amended and Restated Equity Compensation Plan)..."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Amended and Restated Equity Compensation Plan financial
"a change of control (as defined in the Company's Amended and Restated Equity Compensation Plan)..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Innodata (INOD) director Don Callahan report in this Form 4?
Don Callahan reported receiving 1,481 restricted stock units (RSUs) of Innodata common stock. The grant is a compensation-related award at no cash cost, which increases his total directly held shares and RSUs to 3,154 after this transaction.
How many Innodata (INOD) RSUs did Don Callahan receive and at what price?
He received 1,481 RSUs of Innodata common stock at a reported price of $0.00 per unit. This reflects a stock-based compensation grant rather than an open-market purchase, consistent with typical director equity awards disclosed in Form 4 filings.
When will Don Callahan’s 1,481 Innodata (INOD) RSUs vest?
The 1,481 RSUs will vest 100% on the earlier of June 4, 2027 or the date of Innodata Inc.'s 2027 annual meeting of stockholders. Once vested, the RSUs will be settled into shares of Innodata common stock.
How does Innodata’s deferred compensation program affect these RSUs for Don Callahan?
Under the deferred compensation program, the vested RSUs will be settled into shares but paid on a deferred date. Payment occurs upon the first of several events, including separation from service, death, disability, a defined change of control, or the third anniversary of the grant date.
Are Don Callahan’s Innodata (INOD) RSUs tied to the company’s 2027 annual meeting?
Yes. The RSUs vest on the earlier of June 4, 2027 or Innodata Inc.'s 2027 annual meeting of stockholders. This structure aligns vesting with either a fixed one-year date or the timing of the company’s 2027 shareholder meeting.