HDFC Bank (NYSE: HDB) finance head reports multiple stock option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HDFC Bank Ltd executive Vaidyanathan Srinivasan, Group Head – Finance, has filed an initial Form 3 detailing his holdings in the bank. The filing shows multiple employee stock options over equity shares, including one grant over 44,600 underlying shares at an exercise price of Rs 7.85, and additional grants at exercise prices of Rs 9.00, Rs 9.54, and Rs 10.63 with expirations between 2028 and 2033. He also directly holds 192 equity shares. A footnote notes a conversion rate of 1 Indian rupee = 0.011 U.S. dollars as of March 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Vaidyanathan Srinivasan
Role
Group Head - Finance
| 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 | Equity Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 44,600 shares (Direct);
Equity Shares — 192 shares (Direct)
Footnotes (1)
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FAQ
What does the HDFC Bank (HDB) Form 3 filing by Vaidyanathan Srinivasan show?
The Form 3 shows that Group Head – Finance Vaidyanathan Srinivasan holds multiple employee stock options on HDFC Bank equity shares and 192 directly held shares. It lists each option tranche with exercise prices, underlying share counts, and expiration dates.
What employee stock options are reported for HDFC Bank executive Vaidyanathan Srinivasan?
The filing lists several Employee Stock Option (Right to Buy) grants over HDFC Bank equity shares, including one over 44,600 underlying shares at Rs 7.85 and others at Rs 9.00, Rs 9.54, and Rs 10.63, each with defined expiration dates.
Are there any buy or sell transactions in the HDFC Bank (HDB) Form 3 for Vaidyanathan Srinivasan?
No explicit buy or sell transactions are reported; the entries are coded as holding with unknown transaction direction. This Form 3 primarily discloses Srinivasan’s existing option awards and his 192 directly held equity shares in HDFC Bank.
What are the expiration dates of the HDFC Bank stock options held by Vaidyanathan Srinivasan?
The options reported in the filing have staggered expiration dates running from 2028 through 2033. Each tranche specifies an exact expiration date, such as September 13, 2028 or September 18, 2033, tied to its respective exercise price and underlying shares.
Is any currency conversion information provided in the HDFC Bank Form 3 filing?
Yes. A footnote specifies a conversion rate of 1 Indian rupee = 0.011 U.S. dollars as of March 16, 2026. This helps translate the rupee-denominated exercise prices of the employee stock options into approximate U.S. dollar terms for investors.