Innodata (INOD) CEO sells 38,056 shares and exercises stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INNODATA INC CEO Jack Abuhoff reported an exercise-and-sell transaction in company stock. On May 22, 2026, he sold a total of 38,056 shares of common stock in open-market transactions, including 1,300 shares at $101.07 per share and 36,756 shares at $100.37 per share.
On the same date, he exercised stock options for 38,056 shares of common stock at an exercise price of $4.99 per share. A footnote states the sales were made as part of his long-term financial planning, including retirement and portfolio diversification. Another footnote notes his holdings include 140,098 restricted stock units that will vest in installments between December 20, 2026 and December 31, 2028, to be settled in Innodata common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,056 shares ($3,820,591)
Net Sell
4 txns
Insider
ABUHOFF JACK
Role
CEO
Sold
38,056 shs ($3.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 38,056 | $0.00 | -- |
| Exercise | Common Stock | 38,056 | $4.99 | $190K |
| Sale | Common Stock | 36,756 | $100.37 | $3.69M |
| Sale | Common Stock | 1,300 | $101.07 | $131K |
Holdings After Transaction:
Stock Option (Right to Buy) — 105,586 shares (Direct, null);
Common Stock — 1,378,512 shares (Direct, null)
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 $100.96. 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 $101 to $101.26. 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.
Key Figures
Shares sold: 38,056 shares
Sale price 1: $101.07 per share
Sale price 2: $100.37 per share
+5 more
8 metrics
Shares sold
38,056 shares
Total common shares sold on May 22, 2026
Sale price 1
$101.07 per share
Weighted average price for 1,300 shares sold
Sale price 2
$100.37 per share
Weighted average price for 36,756 shares sold
Options exercised
38,056 shares
Common shares acquired via option exercise
Option exercise price
$4.99 per share
Exercise price of Stock Option (Right to Buy)
RSUs outstanding
140,098 units
Restricted stock units included in holdings
RSU vesting period start
December 20, 2026
First vesting installment date for RSUs
Option expiration
2032-03-09
Expiration date of the exercised stock option grant
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), weighted average sale price, open-market sale, +1 more
5 terms
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.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
portfolio diversification financial
"including for retirement and portfolio diversification purposes."
Portfolio diversification is the practice of spreading an investor’s money across different kinds of investments—such as stocks, bonds, cash, sectors, or regions—so that poor performance in one area is partly offset by better performance in others. It matters because like not putting all your eggs in one basket, diversification reduces the chance that a single bad outcome will wipe out your savings and helps smooth returns over time.
FAQ
What did Innodata (INOD) CEO Jack Abuhoff report in this Form 4?
Innodata CEO Jack Abuhoff reported an option exercise and related stock sales. He exercised options for 38,056 common shares at $4.99 and sold 38,056 shares in open-market transactions, as part of long-term financial planning for retirement and portfolio diversification.
What stock options did the Innodata (INOD) CEO exercise in this filing?
He exercised stock options covering 38,056 shares of Innodata common stock. The options carried an exercise price of $4.99 per share and are described as a Stock Option (Right to Buy), which had become fully vested and exercisable on January 1, 2025, according to the footnotes.
Does Innodata (INOD) CEO Jack Abuhoff still hold equity awards after these transactions?
Yes. A footnote states his holdings include 140,098 restricted stock units. These RSUs vest in installments between December 20, 2026 and December 31, 2028 and will be settled into shares of Innodata common stock as each tranche vests, adding to his future equity exposure.
What reason was given for the Innodata (INOD) CEO’s stock sales?
The filing explains that the share sales were part of Jack Abuhoff’s long-term financial planning. The footnote cites retirement and portfolio diversification purposes, indicating the transactions were related to personal financial management rather than described as short-term trading activity.
How were the Innodata (INOD) CEO’s sale prices reported in this Form 4?
Each sale line reports a weighted average price because trades occurred at multiple prices. One sale ranged from $100 to $100.96 with a weighted average of $100.37, and another ranged from $101 to $101.26 with a weighted average of $101.07, as described in the footnotes.