INOD INNODATA INC Insider Trading

COO Ashok Mishra sells 38,666 shares across 5 transactions for $4.4M at blended avg $114.34; retains 83,179 shares plus 53,334 stock options

Ashok Mishra, EVP and COO of INNODATA, executed 5 separate sales totaling 38,666 shares for $4,421,107.18 at a blended average price of $114.34 on 2026-06-02, reducing his non-derivative holdings by 31.7% from 121,845 to 83,179 shares. The sales occurred near the company's 52-week high of $118.45 (current price $114.22, -3.6% from peak) during a period of extreme momentum: the stock gained 159.5% over 30 days and 157.1% over 90 days. At the same ticker, his prior 5 trades showed mixed timing outcomes—2 recent May 2026 sales were well-timed (30d/90d returns of +22.1% and +26.9%), while 3 older sells were poorly timed with 90-day negative returns. His cross-ticker track record across 20 prior sells shows a 50.00% well-timed rate (average 90-day return -2.8%), indicating neither consistent foresight nor imprecision. With INNODATA trading at a premium 95.18 P/E despite strong fundamentals (47.6% annual revenue growth, $14.9M net income on $90.1M quarterly revenue), the timing relative to recent price acceleration merits investor attention, though derivative holdings of 53,334 stock options indicate the insider retains material long-term exposure.

Interim CFO Marissa B Espineli sold 19,667 shares at avg $105.88 for $2.1M, reducing holdings 41.2%; 16,000 options remain.

Marissa B Espineli (Interim CFO) executed 3 separate sales totaling 19,667 shares for $2,082,435.84 on 2026-05-29, reducing her direct non-derivative holdings by 41.2%. The blended average sale price of $105.88 sits only 0.5% below the 52-week high of $114.77, yet the stock has surged 162.0% over the past 30 days and 163.8% over 90 days, suggesting she sold into a period of extreme momentum. Her same-ticker history shows 1 of 2 prior sells achieved negative 90-day returns (well-timed), but her cross-ticker track record shows an average 90-day return of -6.2% after sells (50% well-timed rate), indicating inconsistent transaction timing. INOD's fundamentals—$90.1M quarterly revenue, 47.6% annual growth, and 96.10 P/E—reflect a high-growth profile, but her status as Interim CFO (not permanent) combined with the substantial reduction in her equity stake warrants investor attention to leadership stability and insider confidence signals.

CEO Jack Abuhoff sold 105,586 shares for $10,928,426.50 in 8 transactions on 2026-05-29 at INOD near 52-week highs.

Jack Abuhoff (CEO) executed 8 separate sales totaling 105,586 shares for $10,928,426.50 on 2026-05-29, reducing his non-derivative holdings from 1,446,042 shares to 1,340,456 shares (-7.3%). The sales occurred across a narrow price band ($100.51–$107.44 blended average $103.50) as the stock trades at $115.32, which is +0.5% above its 52-week high of $114.77. The company is trading at a P/E of 96.10 with recent annual revenue growth of +47.6% and latest quarterly revenue of $90,096,000.00 and net income of $14,898,000.00. At the same ticker (INOD), Abuhoff's prior 5 trades show mixed timing outcomes: 3 of 5 prior sells were well-timed at the 90-day mark (stock declined after), while his cross-ticker track record across 20 prior sells shows a 40.00% well-timed rate with average 90d returns of +0.4%—indicating his historical sales have generally not preceded significant declines. The filing warrants monitoring for context on whether this partial sale reflects scheduled vesting execution or a discretionary market-driven decision.

CEO Jack Abuhoff sold 38,056 shares for $3.8M at blended avg $100.39 on 2026-05-22; retains 1.34M shares plus 105,586 options.

Jack Abuhoff, CEO of INNODATA INC (INOD), executed 2 separate sales totaling 38,056 shares (38.1K shares) for $3,820,590.72 ($3.8M) at a blended average price of $100.39 on 2026-05-22, reducing non-derivative holdings by 2.8% to 1,340,456 shares while retaining 105,586 stock options. The transaction occurred near the 52-week high (current price $95.91 is -16.4% from the $114.77 peak), and follows an aggressive recent rally: the stock posted +126.5% over 30 days and +107.6% over 90 days prior to the sale. At the company level, fundamentals remain solid with annual revenue growth of +47.6% and a P/E of 79.92 on the latest-quarter net income of $14.9M, though the valuation is elevated by typical growth-stock standards. His cross-ticker track record across 20 prior sells shows a 40% well-timed rate (sales followed by declines), and at INOD specifically, 3 of his 5 prior sales achieved negative 90-day returns, suggesting a modest pattern of selling into strength.

Director Louise C Forlenza sold 18,000 shares at $94.47 blended average for $1.7M on 2026-05-21, reducing holdings by -82.0%.

Louise C Forlenza executed 4 separate sales totaling 18,000 shares for $1,700,370.92 on 2026-05-21, reducing her INOD holdings from 21,943 shares to 3,943 shares. The blended average price of $94.47 occurs as the stock trades at $94.71 current price, -17.5% from its 52-week high of $114.77. Her prior sales at this ticker show a 0 of 1 well-timed rate at the 90-day mark (the most recent prior sale on 2026-05-19 saw a +10.0% 90-day return, indicating the stock rose after her sale). Cross-ticker, her track record across all tickers shows 11 prior sells with a 90d well-timed rate of 42.86%, suggesting sells have historically lagged the stock's subsequent appreciation slightly more often than not. The magnitude of the position reduction—82% of pre-transaction holdings—alongside four separate transactions on a single date merits investor attention to understand the underlying motivation.

CEO Jack Abuhoff sold 150,000 shares (150.0K shares) for $14,344,132.43 across 4 transactions at blended average $95.63

Jack Abuhoff, CEO of INNODATA INC (INOD), executed 4 separate sales totaling 150,000 shares for $14,344,132.43 on 2026-05-21, reducing his post-transaction holdings to 1,340,456 shares (-10.1% vs pre-transaction holdings). The stock is currently trading at $94.71, below the blended average transaction price of $95.63, and is -17.5% from its 52-week high of $114.77 despite a +101.8% 30-day return and +107.6% 90-day return. At this same ticker, Abuhoff's 5 prior sales dating to 2024-11-22 exhibited a 0% well-timed rate at the 90-day mark, with post-sale 90-day returns ranging from +17.8% to +38.8%, meaning the stock consistently rose after his previous sales. The company shows strong fundamentals with annual revenue growth of +47.6%, a $90.1M latest-quarter revenue, and $14.9M net income, but carries a elevated P/E of 78.92. This sale at historically elevated valuations, following a pattern where his prior INOD sales were followed by significant stock appreciation rather than declines, warrants investor attention as context for assessing the market's current pricing relative to the 52-week range and recent momentum.

Director Louise C Forlenza sold 20,000 shares (83.5% of holdings) across 5 transactions for $1.8M at blended avg $90.77

Louise C Forlenza (Director) executed 5 separate sales totaling 20,000 shares for $1,815,401.74 on 2026-05-19 and 2026-05-20, reducing her holdings from 23,943 to 3,943 shares. This represents a -83.5% reduction in her position at blended average price $90.77, occurring while the stock trades at $94.71 current price. Her prior trades at INOD show consistent patterns: 3 of 3 prior sells at this ticker were well-timed at the 90-day mark, with 90-day returns of -21.6%, -22.2%, and -23.5%, and her cross-ticker track record across all open-market sales shows a 90d well-timed rate of 100.00%. The substantial liquidation of 83.5% of holdings warrants examination of whether this large-scale divestiture aligns with her historical disciplined selling pattern.

CEO Jack Abuhoff sells 152,800 shares for $14.3M across 4 transactions at blended price $93.45, retaining 1.34M shares post-sale

Jack Abuhoff, CEO of INNODATA INC (INOD), executed 4 separate sales totaling 152,800 shares for $14,279,534.31, representing a 10.2% reduction in his pre-transaction holding of 1,493,256 shares. The sales occurred on May 19–20, 2026 at prices ranging from $93.03 to $94.45, with a blended average of $93.45. The current price of $94.71 is marginally above the transaction price, placing the sale 17.5% below the 52-week high of $114.77 despite significant near-term momentum (30-day change: +101.8%, 90-day change: +107.6%). His prior sales at this ticker show a consistent pattern of poorly-timed execution: across 5 prior INOD sales dating to November 2024, all five registered positive 90-day returns, meaning he consistently sold before subsequent rallies. The company trades at a P/E of 78.92 with strong fundamentals (47.6% annual revenue growth, $90.1M latest quarterly revenue, $14.9M net income) but elevated valuation multiples suggest significant expectations priced in.

CEO Jack Abuhoff sells 250,000 shares ($23.7M) at INOD over two days amid 101.8% 30-day rally; holds 1.34M shares after.

Jack Abuhoff (CEO) executed 7 separate sales totaling 250,000 shares for $23,735,754.67 on May 15–18, 2026, at prices ranging from $93.59 to $96.48 with a blended average price of $94.94. The sale represents a 15.7% reduction in his pre-transaction holdings of 1,590,456 shares. This divestiture occurs during a period of exceptional price momentum: the stock has risen 101.8% over the prior 30 days and 120.2% over the prior 90 days, now trading at $94.72 and standing at -17.5% from its 52-week high of $114.77. Across his same-ticker history at INOD (5 prior sales), none were well-timed at the 90-day mark, suggesting his prior sales at this company preceded subsequent gains rather than declines. The company shows strong fundamentals with annual revenue growth of +47.6%, quarterly revenue of $90.1M, and net income of $14.9M, though the P/E ratio of 78.93 reflects elevated valuation. The substantial dollar volume and multi-day execution pattern merit observation in context of the stock's recent sharp momentum and the insider's post-sale stake of 1.34M shares remaining.

INOD CEO Jack Abuhoff sold 243,150 shares ($22.8M) over three days at prices ranging $4.99–$97.66

Jack Abuhoff executed 15 separate sales totaling 243,150 shares for $22,827,277.95 across 2026-05-12 through 2026-05-14. The transactions span a wide price range ($4.99 to $97.66), suggesting either a systematic liquidation plan or responses to multiple execution opportunities. Post-transaction, his holdings decline 15.4% to 1,340,456 shares. Stock momentum is strong: +118.2% over 30 days and +103.1% over 90 days, with current price $90.15 now 21.4% below the 52-week high of $114.77. Notably, his prior five sales at INOD (2024-11-22 through 2024-11-25) were all poorly timed—all five saw positive subsequent 90-day returns of +17.8% to +38.8%, meaning the stock rose after each sale. This pattern of poor sell timing at this ticker provides context for evaluating this multi-day liquidation against the recent rally.