Massey Stewart R 4
Research Summary
AI-generated summary
INNODATA (INOD) Director Stewart R. Massey Receives Award of 1,481 RSUs
What Happened
- Stewart R. Massey, a director of Innodata Inc. (INOD), was granted 1,481 restricted stock units (RSUs) on June 4, 2026. The RSUs were awarded at $0.00 per share (no cash paid) and will convert into Innodata common stock when they vest. This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: June 4, 2026; Form 4 filed June 8, 2026.
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,481 RSUs; acquisition price: $0.00; reported value at grant: $0.
- Vesting: The RSUs vest 100% on the earlier of (i) June 4, 2027 or (ii) Innodata’s 2027 annual meeting of stockholders; they will be settled into common stock upon vesting. (Footnotes F1, F2)
- Shares owned after transaction: Not specified in this filing.
- No indication in this filing of a 10b5-1 plan, tax-withholding sale, or other special arrangements.
Context
- RSU grants are a common form of executive/director compensation and do not represent an immediate purchase or sale of stock; value is realized only if and when RSUs vest and are settled into shares.
- This filing reports an award rather than trading activity, so it should be viewed as compensation disclosure rather than a direct insider buy or sell signal.