Jack Abuhoff, CEO of Innodata Inc., sold 150,000 shares of common stock on May 21, 2026, for a total of approximately $14,344,132. The shares were sold at prices ranging from $94.34 to $97.66 per share.
The sale follows a 183% surge in stock price over the past year, with shares currently trading at $98.48. Prior to the sale, Abuhoff acquired the same number of shares by exercising stock options at $4.99 per share, totaling $748,500.
The stock options became fully vested on January 1, 2025, and expire on March 9, 2032. The share sale is part of Abuhoff's long-term financial planning, including retirement and portfolio diversification.
After the transactions, Abuhoff directly holds 1,340,456 shares of Innodata common stock, including 140,098 restricted stock units vesting through December 2028. According to Bond.az analysis, the stock appears overvalued at current levels.
