HDFC Bank (NYSE: HDB) executive discloses equity stake and options
Rhea-AI Filing Summary
HDFC Bank Ltd executive Nirav Vimal Shah, Group Head Corporate Banking, filed an initial statement of beneficial ownership. The filing reports direct holdings of 1,246,800 Equity Shares of HDFC Bank as of the reported date.
Shah also holds multiple employee stock options over Equity Shares at various exercise prices and expirations. These include options with an exercise price of 6.8000 per share expiring on October 24, 2026, and further grants at 7.8500, 9.0000, 9.5400, and 10.6300 per share with expirations running through September 18, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
20 transactions reported
Mixed
20 txns
Insider
Shah Nirav Vimal
Role
Group Head Corporate Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 881,420 shares (Direct);
Equity Shares — 1,246,800 shares (Direct)
Footnotes (1)
- F1. Conversion rate as on March 16, 2026 applied : 1Rs = 0.011 USD
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the latest Form 3 for HDFC Bank (HDB) show about Nirav Vimal Shah?
The Form 3 shows that Nirav Vimal Shah, Group Head Corporate Banking, directly holds 1,246,800 Equity Shares of HDFC Bank. It also lists multiple employee stock option awards over additional Equity Shares at specified exercise prices and future expiration dates.
What employee stock options does Nirav Vimal Shah hold in HDFC Bank (HDB)?
Shah holds several Employee Stock Options (Right to Buy) over Equity Shares with exercise prices between 6.8000 and 10.6300 per share. These option grants have staggered expiration dates extending from 2026 through 2033, reflecting long-term incentive awards.
Are Nirav Vimal Shah’s HDFC Bank (HDB) holdings direct or indirect?
All reported holdings for Nirav Vimal Shah in this filing are marked as direct ownership. Both the Equity Shares and each Employee Stock Option position list ownership type and code as direct, with no trusts or other entities referenced.
Do the reported HDFC Bank (HDB) options for Nirav Vimal Shah have specific expiration dates?
Yes. Each Employee Stock Option position lists a precise expiration date, ranging from October 24, 2026 up to September 18, 2033. These dates define the final day on which the respective options can be exercised under the plan.
Is there any buy or sell transaction in this HDFC Bank (HDB) Form 3?
No buy or sell transactions are reported; it is an initial ownership statement. All entries are classified as holdings, and the transaction summary shows zero buys, zero sells, and a neutral net buy-sell direction with only holding entries recorded.