Innodata CEO Sells 38,000 Shares for $3.8 Million

Created at 4 Jun · 15:24 UTC1 source

IN SHORT

Innodata CEO Jack L. Schacht sold 38,000 shares of company stock for $3.8 million. The transaction was reported on Monday.

Key Numbers

38,000shares sold by CEO

$3.8 milliontotal sale value

Who's Involved

Jack L. Schacht

CEO of Innodata who sold shares

Innodata

Company whose CEO sold shares

Key facts

Innodata CEO Jack L. Schacht sold 38,000 shares.
The total value of the sale was $3.8 million.
The sale was reported on Monday.

Innodata CEO Jack L. Schacht has sold 38,000 shares of the company's stock. The transaction, which occurred on Monday, amounted to a total of $3.8 million. This sale represents a significant divestment by the company's chief executive.

↳ Why This Matters

Insider selling can sometimes signal a lack of confidence from company leadership, potentially impacting investor sentiment.

FREQUENTLY ASKED

Innodata CEO Jack L. Schacht sold the shares.

38,000 shares were sold.

The total value of the sale was $3.8 million.

The sale was reported on Monday.

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Innodata CEO Sells 38,000 Shares for $3.8 Million

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Innodata CEO Sells 38,000 Shares for $3.8 Million

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