Innodata (INOD) director Forlenza sold 10,000 shares for $535K at $53.54
Insider transactions reported
Louise C Forlenza (director at Innodata Inc., INOD) reported that they sold 10,000 shares for $535K at $53.54, and acquired 10,000 shares at $1.42 on Sep 14, 2026. After these transactions the filing shows 5,424 shares held directly.
- Reporting person
- Forlenza Louise C
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | Exercise or conversion of a derivative (M) | Common Stock1 | +10,000 | $1.42 | $14.2K | 15,424 direct |
| Sep 14, 2026 | Open-market sale (S) | Common Stock1, 2, 3 | -10,000 | $53.54 | $535K | 5,424 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | Exercise or conversion of a derivative (M) | Stock Option (Right to Buy)On 10,000 Common Stock4 | -10,000 | - | - | 32,000 direct |
Holdings before and after
- Stock Option (Right to Buy): 42,000 to 32,000 direct
Footnotes from the filing
- 1. 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.
- 2. The sale of the shares reported in Column 4 was made as part of the reporting person's personal investment and financial planning needs, including for individual retirement planning and portfolio diversification purposes.
- 3. This transaction was executed in multiple trades at prices ranging from $53.48 to $53.58. 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 stock option became fully vested and exercisable on June 5, 2020.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Forlenza report in this INOD Form 4?
Louise C Forlenza (director at Innodata Inc., INOD) reported that they sold 10,000 shares for $535K at $53.54, and acquired 10,000 shares at $1.42 on Sep 14, 2026. After these transactions the filing shows 5,424 shares held directly.
How many INOD shares does Forlenza hold after this filing?
The filing shows 5,424 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this INOD insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for INOD
Across the 13 sessions after earlier INOD headlines, the stock closed higher 6 times and lower 7 times, with a median move of 6.8% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | INOD | SPY |
|---|---|---|---|
| Sep 15, 2026 | Innodata Appoints Admiral Michael S. Rogers, Former NSA Director and Commander of U.S. Cyber Command, to Its Board of Directors | -1.6% | -0.5% |
| Aug 7, 2026 | Innodata Reports Record Second Quarter 2026 Results | -4.8% | +0.6% |
| Aug 4, 2026 | Innodata Releases the First Stage of Its AI Cyber Training Suite to Enable AI Coding Agents to Write - and Repair - Secure Code | +11.0% | +1.8% |
| Jul 15, 2026 | Innodata to Report Second Quarter 2026 Results | -2.7% | +0.4% |
| Jun 18, 2026 | Innodata Appoints Jayant Chauhan as Chief Financial Officer | -6.8% | +0.8% |
| May 8, 2026 | Innodata Reports Record First Quarter 2026 Results | +86.0% | +0.8% |
Earlier insider filings at INOD
- Jul 7, 2026EVP and CFO Chauhan Jayant was granted 8,889 shares (SEC Form 4)
- Jun 17, 2026CEO Abuhoff Jack exercised 294,059 shares at a strike of $2.42 and sold $31,983,291 worth of shares (294,059 units at $108.76) (SEC Form 4)
- Jun 8, 2026Director Callahan Don was granted 1,481 shares, increasing direct ownership by 89% to 3,154 units (SEC Form 4)
- Jun 8, 2026Director Clarke Richard D was granted 1,481 shares, increasing direct ownership by 89% to 3,154 units (SEC Form 4)
- Jun 8, 2026Director Massey Stewart R was granted 1,481 shares, increasing direct ownership by 5% to 30,686 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 1993
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