HDFC Bank treasury head sells 5,600 shares

HDFC Bank Ltd reported that Group Head - Treasury Ashish Parthasarthy executed an open-market sale of 5,600 Equity Shares on April 28, 2026 at $8.70 per share.

Rhea-AI Filing Summary

HDFC Bank Ltd reported that Group Head - Treasury Ashish Parthasarthy executed an open-market sale of 5,600 Equity Shares on April 28, 2026 at $8.70 per share. After this transaction, he directly holds 842,958 Equity Shares.

Insider Trade Summary

Net Seller: 5,600 shares

Net Sell 1 txn

Insider Parthasarthy Ashish

Role Group Head - Treasury

Sold 5,600 shs ($49K)

Type	Security	Shares	Price	Value
Sale	Equity Shares	5,600	$8.70	$49K

Holdings After Transaction: Equity Shares — 842,958 shares (Direct)

Footnotes (1)

1. F1. Conversion rate as on April 28, 2026 applied : 1Re = 0.011 USD

Key Figures

Shares sold: 5,600 shares Sale price per share: $8.70 per share Shares owned after transaction: 842,958 shares +2 more

5 metrics

Shares sold 5,600 shares Equity Shares sold on April 28, 2026

Sale price per share $8.70 per share Open-market sale price for Equity Shares

Shares owned after transaction 842,958 shares Total Equity Shares directly held post-sale

Net shares sold 5,600 shares Net sell direction in transaction summary

Currency conversion rate 1 INR = 0.011 USD Conversion rate as of April 28, 2026 footnote

Key Terms

open-market sale, Equity Shares, Form 4, transaction code "S", +1 more

5 terms

open-market sale financial

"The transaction_action field describes the trade as an open-market sale."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Equity Shares financial

"The security_title for the transaction is listed as Equity Shares."

Equity shares are units of ownership in a company that give the holder a claim on a portion of its assets and profits, like owning a slice of a business. They matter to investors because their value can rise or fall with the company’s performance and market sentiment, may provide periodic income through dividends, and often carry voting rights that influence how the business is run.

Form 4 regulatory

"This insider trading report is filed on a Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" financial

"The transaction_code is "S", indicating a sale in open market."

conversion rate financial

"A footnote discloses a conversion rate of 1Re = 0.011 USD."

Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did HDFC Bank (HDB) report for Ashish Parthasarthy?

HDFC Bank reported that Group Head - Treasury Ashish Parthasarthy completed an open-market sale of 5,600 Equity Shares. The transaction took place on April 28, 2026 and was reported on a Form 4 insider trading filing.

How many HDFC Bank (HDB) shares did Ashish Parthasarthy sell and at what price?

Ashish Parthasarthy sold 5,600 Equity Shares of HDFC Bank at a price of $8.70 per share. The sale was classified as an open-market or private transaction under transaction code “S” in the Form 4 filing.

How many HDFC Bank (HDB) shares does Ashish Parthasarthy hold after the reported sale?

Following the reported transaction, Ashish Parthasarthy directly holds 842,958 Equity Shares of HDFC Bank. This post-transaction balance is disclosed in the Form 4 as the total shares beneficially owned after the sale.

What role does Ashish Parthasarthy hold at HDFC Bank (HDB) in this Form 4 filing?

In this Form 4 filing, Ashish Parthasarthy is identified as an officer of HDFC Bank with the title Group Head - Treasury. The filing confirms he is not listed as a director or a ten percent owner of the company.

Was the HDFC Bank (HDB) insider transaction a buy or a sell?

The transaction reported for Ashish Parthasarthy was a sale. It is coded as “S” for an open-market or private sale, and the normalized transaction_direction field explicitly labels the move as “sell” in the Form 4 data.

What currency conversion detail is disclosed in the HDFC Bank (HDB) Form 4 footnote?

The Form 4 footnote discloses that a conversion rate as on April 28, 2026 was applied, stating that 1 Indian Rupee equals 0.011 U.S. dollars. This provides context for currency translation of figures related to the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 06:27 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parthasarthy Ashish

(Last) (First) (Middle)

HDFC BANK LIMITED, BANK HOUSE

SENAPATI BAPAT MARG, LOWER PAREL

(Street)

MUMBAI INDIA 400013

(City) (State) (Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
HDFC BANK LTD [ HDB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Group Head - Treasury

2a. Foreign Trading Symbol
[HDFCBANK]

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Equity Shares	04/28/2026		S		5,600	D	$8.7(1)	842,958	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Conversion rate as on April 28, 2026 applied : 1Re = 0.011 USD

Remarks:

The equity shares of the Bank are listed on NSE and BSE. The Trading symbol of NSE is HDFCBANK and is mentioned in the form under Foreign Trading Symbol. The Foreign Trading Symbol of BSE is 500180 Group Head - Treasury

	/s/ Dhanjit Thaivalappil, Attorney in fact for Parthasarthy Ashish	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)