Jack Abuhoff, CEO and director of Innodata Inc. (NASDAQ: INOD), sold 243,150 shares of common stock between May 12 and May 14, 2026, totaling approximately $22.8 million.
Sale prices ranged from $90.20 to $97.66 per share. The transactions were part of long-term financial planning, including retirement and portfolio diversification.
Innodata shares have surged 154.7% over the past year, currently trading at $90.15. The company's market cap stands at $2.94 billion.
Prior to the sales, Abuhoff acquired 243,150 shares through option exercises at prices from $4.99 to $43.01 per share, totaling about $2.4 million.
After these transactions, Abuhoff directly holds 1,340,456 shares, including 140,098 restricted stock units (RSUs).
Innodata reported strong Q1 2026 results, with EPS of $0.42 beating estimates of $0.23, and revenue of $90.09M surpassing $72.1M expectations.
