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Innodata (INOD) director receives 1,481 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FORLENZA LOUISE C reported acquisition or exercise transactions in this Form 4 filing.

INNODATA INC director Louise C. Forlenza received an equity award of 1,481 shares of common stock in the form of restricted stock units. The RSUs were granted at no cash cost and will vest 100% on the earlier of June 4, 2027 or Innodata’s 2027 annual meeting of stockholders, then settle into common shares. Following this grant, she holds 5,424 shares directly.

Positive

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Negative

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Insider FORLENZA LOUISE C
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,481 $0.00 --
Holdings After Transaction: Common Stock — 5,424 shares (Direct, null)
Footnotes (1)
  1. These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders, and will be settled into shares of Innodata Inc.'s common stock upon vesting. Includes 1,481 RSUs that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders. The RSUs will be settled into shares of Innodata Inc.'s common stock upon vesting.
RSU grant 1,481 shares Restricted stock units granted on June 4, 2026
Transaction price $0.00 per share Equity compensation award, not an open-market purchase
Total holdings after grant 5,424 shares Direct ownership following the RSU award
RSU vesting date June 4, 2027 Vests 100% on this date if earlier than 2027 annual meeting
Alternative vesting trigger 2027 annual meeting Vests on meeting date if before June 4, 2027
restricted stock units financial
"These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier to occur of"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Includes 1,481 RSUs that will vest 100% on the earlier to occur of"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
annual meeting of stockholders financial
"the date of Innodata Inc.'s 2027 annual meeting of stockholders"
Common Stock financial
"will be settled into shares of Innodata Inc.'s common stock upon vesting"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FORLENZA LOUISE C
(Last)(First)(Middle)
C/O INNODATA INC.
55 CHALLENGER ROAD
(Street)
RIDGEFIELD PARK NEW JERSEY 07660
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
INNODATA INC [ INOD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026A1,481(1)A$05,424(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares represent restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders, and will be settled into shares of Innodata Inc.'s common stock upon vesting.
2. Includes 1,481 RSUs that will vest 100% on the earlier to occur of (i) June 4, 2027; and (ii) the date of Innodata Inc.'s 2027 annual meeting of stockholders. The RSUs will be settled into shares of Innodata Inc.'s common stock upon vesting.
/s/ Amy Agress Attorney-in fact for Louise C. Forlenza06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did INNODATA INC (INOD) disclose in this Form 4 for Louise C. Forlenza?

INNODATA INC reported that director Louise C. Forlenza received an award of 1,481 restricted stock units. These RSUs convert into common stock when they vest, increasing her direct equity stake in the company once settled.

How many Innodata (INOD) shares did Louise C. Forlenza acquire in this transaction?

Louise C. Forlenza acquired 1,481 shares of Innodata in the form of restricted stock units. The grant was recorded at a price of $0.00 per share, reflecting a compensation award rather than an open-market stock purchase.

When do Louise C. Forlenza’s Innodata (INOD) RSUs from this grant vest?

The 1,481 restricted stock units will vest 100% on the earlier of June 4, 2027, or the date of Innodata Inc.’s 2027 annual meeting of stockholders. Once vested, they will be settled into shares of Innodata common stock.

What is Louise C. Forlenza’s Innodata (INOD) ownership after this Form 4 transaction?

After this equity award, Louise C. Forlenza directly holds 5,424 Innodata common shares. This figure includes the newly granted 1,481 restricted stock units that will convert into common stock when they vest under the terms of the grant.

Was the Innodata (INOD) Form 4 transaction an open-market buy or a compensation grant?

The Form 4 shows a compensation grant, not an open-market purchase. Code “A” identifies the 1,481 shares as a grant or award, with a transaction price of $0.00 per share, indicating equity compensation rather than a cash-funded stock buy.