Clarke Richard D 4

What Happened

• Richard D. Clarke, a director of Innodata Inc. (INOD), was granted 1,481 restricted stock units (RSUs) on June 4, 2026. The grant shows an acquisition price of $0.00 (no cash exchanged at grant). The RSUs will convert into shares of Innodata common stock upon vesting, so their eventual monetary value depends on Innodata’s share price at vesting.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08.
• Transaction type/code: Award/Grant (A); reported acquisition of 1,481 RSUs at $0.00.
• Shares owned after transaction: not specified in the filing.
• Vesting/settlement (Footnotes F1 & F2): the 1,481 RSUs vest 100% on the earlier of (i) June 4, 2027, or (ii) the date of Innodata’s 2027 annual meeting of stockholders, and will be settled into common shares upon vesting.
• Timeliness: filing was four days after the transaction date (Form 4s are typically due within two business days), so this appears later than usual.

Context

• RSU grants are compensation, not open-market purchases or sales; they don’t necessarily signal an immediate personal purchase or sale by the insider. The award gives Clarke a future right to shares if vesting conditions are met; the grant value at issuance is recorded as $0 because no cash changed hands.