Innodata (INOD) CEO sells 105,586 shares and exercises stock option
Rhea-AI Filing Summary
INNODATA INC CEO Jack Abuhoff reported a mix of open-market sales and an option exercise in company stock. On May 29, 2026, he sold an aggregate of 105,586 shares of Common Stock in multiple open-market transactions at reported weighted-average prices between about $100 and $107.75 per share. A footnote states these sales were made as part of his long-term financial planning, including retirement and portfolio diversification.
On the same date, Abuhoff exercised a stock option covering 105,586 shares of Common Stock at an exercise price of $4.99 per share. After these transactions, he directly owned 1,446,042 shares, which the filing notes include 140,098 restricted stock units (RSUs) scheduled to vest between December 2026 and December 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 105,586 | $0.00 | -- |
| Exercise | Common Stock | 105,586 | $4.99 | $527K |
| Sale | Common Stock | 7,400 | $100.51 | $744K |
| Sale | Common Stock | 8,701 | $101.51 | $883K |
| Sale | Common Stock | 15,680 | $102.54 | $1.61M |
| Sale | Common Stock | 39,848 | $103.53 | $4.13M |
| Sale | Common Stock | 18,289 | $104.32 | $1.91M |
| Sale | Common Stock | 9,157 | $105.49 | $966K |
| Sale | Common Stock | 5,195 | $106.42 | $553K |
| Sale | Common Stock | 1,316 | $107.44 | $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 $100 to $100.94. 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 $101 to $101.96. 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 $102 to $102.99. 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 $103 to $103.98. 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 to $104.99. 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 $105.03 to $106.02. 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 $106.04 to $106.82. 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 $107.26 to $107.75. 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.