Innodata director Forlenza sells $538k in shares

Published 13/11/2025, 03:22
Innodata director Forlenza sells $538k in shares

Louise C. Forlenza, a director at Innodata INC (NASDAQ:INOD), sold 8278 shares of common stock on November 12, 2025, at a price of $65.00, for a total transaction value of $538070.

Following the transaction, Forlenza directly owns 3,943 restricted stock units of Innodata, which will vest fully on the earlier of June 5, 2026, or the date of Innodata Inc.’s 2026 annual meeting of stockholders. These units will be settled into shares of Innodata’s common stock upon vesting.

The sale was part of Forlenza’s personal investment and financial planning.

In other recent news, Innodata Inc. reported its earnings for the third quarter of 2025, surpassing analysts’ expectations. The company announced earnings per share of $0.24, which was significantly higher than the anticipated $0.14. This positive earnings surprise marks a notable achievement for Innodata in the recent quarter. Despite the strong earnings report, the company’s stock experienced a decline during regular trading hours. Analysts had projected a lower earnings figure, highlighting the company’s ability to outperform market expectations. These developments are part of a series of recent updates concerning Innodata’s financial performance. Investors will likely keep a close watch on how these results influence future assessments.

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