Form 4: Innodata Director Stewart R. Massey Transfers Shares to Child's Trust
SEC Form 4 Filing
Director Stewart R. Massey reports a transfer of Innodata Inc. shares held in a trust for the benefit of his child.
Summary
- On August 2, 2024, Stewart R. Massey, a director of Innodata Inc., reported a transaction involving the company's common stock.
- Mr. Massey transferred 500 shares held in a trust for the benefit of his child.
- The reporting person's spouse is the trustee of the trust.
- Following the transaction, Mr. Massey directly owns 25,262 shares of Innodata Inc. common stock.
- Mr. Massey indirectly owns 23,000 shares through a SEP IRA.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a share transfer, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a significant trend within the industry.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a transfer of shares from a trust to a beneficiary.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of the share transfer transaction |
| 08/05/2024 | Date of signature on the Form 4 filing |
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