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sellNotable cluster of 4

Louise C Forlenza sold $2.7M of INOD

director at INNODATA INC. 30,000 shares at an average of $88.86, traded May 12, 2026, filed May 13, 2026.

Warning score
70
Value
$2.7M
30,000 shares
Holdings after
3,943
-88% from before
From 52-week low
+167%
low $34.45, close $92.09
From 52-week high
-11%
high $103.83, as of May 12, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $2.7M at market
    +25
  • Share of holdings sold
    Sold 88% of holdings
    +20
  • Cluster
    4 insiders selling within 14 days
    +15
  • Role exit
    The filing reports the insider leaving
    +10
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +12.2%, 3m -31.7%, 6m -.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

INODOct 9, 2026 · close 62.04
Since filing May 13, 2026: -31.0%SPY +5.4% · excess -36.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001104659-26-060487, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 12, 2026MOption exercise
Common Stock
+20,000$1.07$21k23,943May 13, 2026
May 12, 2026MOption exercise
Common Stock
+10,000$1.24$12k33,943May 13, 2026
May 12, 2026SOpen-market sale
Common Stock
-24,641$88.19$2.2M9,302May 13, 2026
May 12, 2026SOpen-market sale
Common Stock
-800$89.53$72k8,502May 13, 2026
May 12, 2026SOpen-market sale
Common Stock
-4,559$92.36$421k3,943May 13, 2026
May 12, 2026MOption exercise
Stock Option (Right to Buy)derivative
-20,000$0.00$00May 13, 2026
May 12, 2026MOption exercise
Stock Option (Right to Buy)derivative
-10,000$0.00$040,000May 13, 2026

Related signals

Other insiders at INNODATA INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
48Moderate
INODsell
INNODATA INC
Louise C Forlenza
director
$535k
10,000 shares
-65%
49Moderate
INODsell
INNODATA INC
Louise C Forlenza
director
$550k
10,000 shares
-65%
58Moderate
INODsell 2
INNODATA INC
Jack Abuhoff
CEO
$32M
294,059 shares
-20%
65Notable
INODsell 4
INNODATA INC
Ashok Mishra
EVP and COO
$4.4M
38,666 shares
-32%
60Notable
INODsell 5
INNODATA INC
Jack Abuhoff
CEO
$11M
105,586 shares
-7%
67Notable
INODsell 5
INNODATA INC
Marissa B Espineli
Interim CFO
$2.1M
19,667 shares
-41%
60Notable
INODsell 5
INNODATA INC
Jack Abuhoff
CEO
$3.8M
38,056 shares
-3%
65Notable
INODsell 5
INNODATA INC
Jack Abuhoff
CEO
$14M
150,000 shares
-10%
70Notable
INODsell 5
INNODATA INC
Louise C Forlenza
director
$1.7M
18,000 shares
-82%
65Notable
INODsell 5
INNODATA INC
Jack Abuhoff
CEO
$14M
152,800 shares
-11%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Louise C Forlenza sold $2.7M of INOD | InsiderTell