February 26, 2025 · Form 4 insider transaction
Toor Nauman Sabeeh sold 14,053 shares of Innodata Inc. at $65.25 per share, a transaction worth $917.0K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 0 days after the transaction.
The sale of the shares reported in Column 4 was made by the reporting person for portfolio diversification purposes. This transaction was executed in multiple trading prices ranging from $65.00 to $65.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.; Includes 12,417 restricted stock units ("RSUs") that will vest 100% on the earlier to occur of (i) June 5, 2025, and (ii) the date of Innodata Inc.'s 2025 annual meeting of stockholders and will be settled into shares of Innodata's common stock upon vesting. Pursuant to the Company's deferred compensation program, upon vesting the shares will be subject to a deferred payment date. The deferred payment date will be the first to occur of (i) the reporting person's separation from service, death or disability, (ii) a change of control (as defined in the Company's 2021 Equity Compensation Plan), or (iii) the second anniversary of the date of grant.