ABUHOFF JACK 4
4 · INNODATA INC · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Innodata (INOD) CEO Jack Abuhoff Exercises Options, Sells 105,586 Shares
What Happened
- Jack Abuhoff, CEO and director of Innodata Inc. (INOD), exercised 105,586 stock options on May 29, 2026 at an exercise price of $4.99 per share (cost ≈ $526,874) and sold those 105,586 shares in multiple open-market transactions the same day. The sales generated aggregate proceeds of about $10.93 million (sale prices ran roughly $100.00 to $107.75; weighted average ≈ $103.53). Per the filing, the sales were made as part of long-term financial planning.
Key Details
- Transaction date: May 29, 2026 (Form 4 filed June 1, 2026).
- Exercise (code M): 105,586 options exercised at $4.99 = ~$526,874.
- Sales (code S): 105,586 shares sold in multiple trades, prices ranged ~$100–$107.75; total proceeds ≈ $10,928,426.
- Net effect: All exercised shares were sold—no net new shares acquired from this exercise.
- Shares owned after transaction: total holdings not specified in the provided filing; filing notes 140,098 RSUs (see below).
- Notable footnotes: F1 details 140,098 restricted stock units (RSUs) that will vest between Dec 2026–Dec 2028; F2 states sales were for long-term planning (retirement/portfolio diversification); F11 notes the option vested Jan 1, 2025. Several footnotes (F3–F10) indicate trades were executed at multiple prices and the reported prices are weighted averages; the filer will provide full trade-by-trade details on request.
- Timeliness: Filing appears timely (transaction 5/29/2026; Form 4 filed 6/1/2026).
Context
- This was a cashless-style sequence: options were exercised and the resulting shares were immediately sold in the open market. Such transactions are commonly used for liquidity (taxes, diversification, retirement) and are routine for executives; they do not by themselves indicate a change in insider sentiment about the company. Purchases generally carry more direct bullish signal than routine sales.
Insider Transaction Report
Form 4
INNODATA INCINOD
ABUHOFF JACK
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-29$4.99/sh+105,586$526,874→ 1,446,042 total - Sale
Common Stock
[F2][F3][F1]2026-05-29$100.51/sh−7,400$743,774→ 1,438,642 total - Sale
Common Stock
[F2][F4][F1]2026-05-29$101.51/sh−8,701$883,239→ 1,429,941 total - Sale
Common Stock
[F2][F5][F1]2026-05-29$102.54/sh−15,680$1,607,827→ 1,414,261 total - Sale
Common Stock
[F2][F6][F1]2026-05-29$103.53/sh−39,848$4,125,463→ 1,374,413 total - Sale
Common Stock
[F2][F7][F1]2026-05-29$104.32/sh−18,289$1,907,908→ 1,356,124 total - Sale
Common Stock
[F2][F8][F1]2026-05-29$105.49/sh−9,157$965,972→ 1,346,967 total - Sale
Common Stock
[F2][F9][F1]2026-05-29$106.42/sh−5,195$552,852→ 1,341,772 total - Sale
Common Stock
[F2][F10][F1]2026-05-29$107.44/sh−1,316$141,391→ 1,340,456 total - Exercise/Conversion
Stock Option (Right to Buy)
[F11]2026-05-29−105,586→ 0 totalExercise: $4.99Exp: 2032-03-09→ Common Stock (105,586 underlying)
Footnotes (11)
- [F1]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.
- [F10]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.
- [F11]This stock option became fully vested and exercisable on January 1, 2025.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Signature
/s/ Amy Agress Attorney-in fact for Jack Abuhoff|2026-06-01