CEO Sells 38,000 Innodata Shares for $3.8 Million
Written by Will Healy for The Motley Fool -> Abuhoff exercised options and sold 38,056 shares of common stock on May 22, 2026, generating ~$3.82 million in proceeds at a weighted average price of around $100.39 per share. This transaction accounted for 2.8% of Abuhoff's direct
Abuhoff exercised options and sold 38,056 shares of common stock on May 22, 2026, generating ~$3.82 million in proceeds at a weighted average price of around $100.39 per share.
This transaction accounted for 2.8% of Abuhoff's direct common stock holdings, reducing his direct position to 1,340,456 shares post-sale.
The event reflects a derivative transaction, with the shares acquired via option exercise and immediately disposed; no indirect entities were involved.
The smaller trade size relative to prior disposals is consistent with declining remaining capacity following a series of recent exercises and sales.
Jack Abuhoff, CEO of Innodata (NASDAQ:INOD) , reported the exercise and immediate sale of 38,056 shares of common stock for total proceeds of approximately $3.82 million, according to a SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average purchase price ($100.39).
* 1-year performance is calculated using May 22, 2026 as the reference date.
Innodata is a technology company specializing in data engineering solutions and AI-driven platforms, with operations across North America and Europe. The company leverages proprietary technologies and managed services to enable clients to extract value from complex data, supporting digital transformation and advanced analytics initiatives. Its diversified client base and focus on scalable, recurring service models underpin its competitive position in the information technology services industry.
