Innodata (NASDAQ:INOD) CEO Jack Abuhoff executed a series of stock transactions on May 15 and May 18, 2026, according to a regulatory filing.
Abuhoff sold a total of 250,000 shares for approximately $23.7 million. He also acquired 250,000 shares via option exercises.
The stock has delivered a 162% return over the past year, trading at $94.69. The company's market cap stands at $3.06 billion. According to Bond.az analysis, the stock is trading above its fair value.
On May 15, Abuhoff sold 100,000 shares at prices ranging from $94.88 to $96.36, totaling about $9.56 million. He also exercised options to buy 100,000 shares at $4.99 each.
On May 18, he sold 150,000 shares at $93.59 to $96.48, totaling about $14.18 million. He exercised options for another 150,000 shares at $4.99.
Overall, sales were executed between $93.59 and $96.48 per share. The option exercises were at a fixed price of $4.99 per share.
The transactions were part of Abuhoff's long-term financial planning. Following the sales, Abuhoff directly owns 1,340,456 shares.
