Louise C. Forlenza - 21 May 2026 Form 4 Insider Report for INNODATA INC (INOD)

Reporting relationship: Director
Issuer ticker: INOD
Reported as of: 21 May 2026
Net transaction value: -$1,700,371
SEC form: 4
Accepted by SEC: 21 May 2026, 18:46:49 UTC
Prior SEC filing: 20 May 2026
Next SEC filing: 08 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Amy Agress Attorney-in fact for Louise C. Forlenza

Key filing fact

Louise C. Forlenza filed Form 4 for INNODATA INC (INOD) on 21 May 2026.

Key facts

This page summarizes Louise C. Forlenza's Form 4 filing for INNODATA INC (INOD).
6 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 May 2026, 18:46.

Change

Previous filing in this sequence was filed on 20 May 2026.
Current net transaction value: -$1,700,371.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001197984 Primary reporting owner

FORLENZA LOUISE C

Relationship: Director
Address: C/O INNODATA INC., 55 CHALLENGER ROAD, RIDGEFIELD PARK
Signature: /s/ Amy Agress Attorney-in fact for Louise C. Forlenza
Signature date: 21 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INOD transaction

Common Stock

Options Exercise

Transaction value
Shares: +18,000
Change %: +457%
Price: $1.24^*
Shares after: 21,943
Date: 21 May 2026
Ownership: Direct
Footnotes: F1

INOD transaction

Common Stock

Sale

Transaction value: $763,840
Shares: -8,000
Change %: -36%
Price: $95.48
Shares after: 13,943
Date: 21 May 2026
Ownership: Direct
Footnotes: F1, F2, F3

INOD transaction

Common Stock

Sale

Transaction value: $816,903
Shares: -8,736
Change %: -63%
Price: $93.51
Shares after: 5,207
Date: 21 May 2026
Ownership: Direct
Footnotes: F1, F2, F4

INOD transaction

Common Stock

Sale

Transaction value: $72,038
Shares: -764
Change %: -15%
Price: $94.29
Shares after: 4,443
Date: 21 May 2026
Ownership: Direct
Footnotes: F1, F2, F5

INOD transaction

Common Stock

Sale

Transaction value: $47,590
Shares: -500
Change %: -11%
Price: $95.18
Shares after: 3,943
Date: 21 May 2026
Ownership: Direct
Footnotes: F1, F2, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INOD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares: -18,000
Change %: -90%
Price: $0.000000^*
Shares after: 2,000
Date: 21 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,000
Exercise price: $1.24
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Includes 3,943 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2026; and (ii) the date of Innodata Inc.'s 2026 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting.

Footnote F2

The sale of the shares reported in Column 4 was made as part of the reporting person's personal investment and financial planning needs, including for individual retirement planning and portfolio diversification purposes.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $95.02 to $95.77. 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.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $93.02 to $94.01. 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.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $94.03 to $95. 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.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $95.07 to $95.46. 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.

Footnote F7

This stock option became fully vested and exercisable on August 1, 2019.