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INNODATA INC·4

May 18, 4:15 PM ET

Massey Stewart R 4

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Innodata (INOD) Director Stewart R. Massey Sells 10,000 Shares

What Happened Stewart R. Massey, a director of Innodata Inc. (INOD), reported a sale of 10,000 shares on May 15, 2026. The shares were sold at $96.00 each, generating proceeds of approximately $960,000. The filing reports this as a sale (transaction code S) and the reporter indicates the sale was made for portfolio diversification.

Key Details

  • Transaction date: 2026-05-15; Filing date: 2026-05-18 (timely file).
  • Price per share: $96.00; Total proceeds: ~$960,000.
  • Transaction type: Sale (reported as open-market/private sale).
  • Shares owned after the transaction: Not specified in the provided excerpt of the filing.
  • Footnotes:
    • F1: Sale made for portfolio diversification purposes.
    • F2: Filing notes 3,943 restricted stock units (RSUs) that will vest 100% on the earlier of June 5, 2026 or Innodata's 2026 annual meeting and will be settled into common shares upon vesting.

Context

  • Sales by insiders are often routine (e.g., diversification or liquidity) and do not necessarily indicate negative views on the company. This report provides factual disclosure of the sale; no additional derivatives, option exercises, or 10b5-1 plans were noted in the provided details.