HDFC Bank (NYSE: HDB) wealth head discloses shares and option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HDFC Bank Ltd executive Rakesh Singh, Group Head – Wealth, has filed an initial ownership report showing his current holdings in the bank’s securities. The filing lists 491,800 Equity Shares held directly as of the reported date.
It also details a series of Employee Stock Options (Right to Buy) over Equity Shares with preset exercise prices and future expiration dates. These option positions cover multiple grants, including 130,000 underlying shares at an exercise price of 6.8000 and additional blocks such as 51,800–52,000 shares at 7.8500, 44,800–44,980 shares at 9.0000, 41,600 shares at 9.5400, and 18,400–49,140 shares at 10.6300, expiring between 2026 and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
20 transactions reported
Mixed
20 txns
Insider
Singh Rakesh
Role
Group Head - Wealth
| 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) — 130,000 shares (Direct);
Equity Shares — 491,800 shares (Direct)
Footnotes (1)
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FAQ
What does Rakesh Singh’s Form 3 filing for HDFC Bank (HDB) show?
The Form 3 shows Rakesh Singh’s existing ownership in HDFC Bank securities. It lists his direct holding of 491,800 Equity Shares and a detailed schedule of Employee Stock Options with specified exercise prices and expiration dates, establishing his baseline equity and option position.
What stock options are reported in Rakesh Singh’s HDFC Bank (HDB) Form 3?
The filing lists multiple Employee Stock Option grants over Equity Shares. These include blocks such as 130,000 underlying shares at a 6.8000 exercise price and additional grants around 51,800–52,000, 44,800–44,980, 41,600, and 18,400–49,140 underlying shares at higher exercise prices.
What are the exercise prices on Rakesh Singh’s HDFC Bank employee stock options?
His Employee Stock Options carry exercise prices of 6.8000, 7.8500, 9.0000, 9.5400, and 10.6300. Each price level applies to different option grants over specific numbers of underlying Equity Shares, as itemized in the Form 3 derivative holdings table.
When do Rakesh Singh’s HDFC Bank employee stock options expire?
The options have staggered expiration dates ranging from 2026 through 2033. Individual grants expire on specific dates such as 2026-10-24, 2027-07-31, 2028-09-13, 2030-09-18, and 2033-09-18, reflecting a long-dated incentive structure.
Does Rakesh Singh’s Form 3 for HDFC Bank show any stock purchases or sales?
No, the Form 3 records holdings rather than transactions. All entries are classified as holdings, with transaction codes and directions marked unknown, so the document establishes positions but does not report new open-market buys or sells.
Is there any currency information in Rakesh Singh’s HDFC Bank Form 3 footnotes?
Yes. A footnote states a conversion rate as of March 16, 2026, noting that 1 Rs equals 0.011 USD. This provides a reference exchange rate but does not change the reported share or option quantities.