ICICI Bank (IBN) director Jha sells 45,000 shares, keeps 120,875

Rhea-AI Filing Summary

ICICI Bank Ltd director Rakesh Jha sold 45,000 equity shares in an open-market transaction. The shares were sold on April 24, 2026 at a weighted average price of $14.08 per share, with individual trade prices ranging from $14.08 to $14.74.

After this sale, he continues to hold 120,875 equity shares directly. The reported U.S. dollar prices are translated from Indian Rupees using an exchange rate of INR94.25 to $1.00 as of April 24, 2026.

Insider Trade Summary

Net Seller: 45,000 shares ($633,600)

Net Sell 1 txn

Insider Jha Rakesh

Role null

Sold 45,000 shs ($634K)

Type	Security	Shares	Price	Value
Sale	Equity Shares, par value Rs. 2 per share	45,000	$14.08	$634K

Holdings After Transaction: Equity Shares, par value Rs. 2 per share — 120,875 shares (Direct, null)

Footnotes (1)

1. The sale prices (average) of the shares are denominated in Rupee and translated for convenience only into USD at the rate of INR94.25 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on April 24, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.08 to $14.74. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 45,000 shares Weighted average sale price: $14.08 per share Sale price range: $14.08–$14.74 per share +2 more

5 metrics

Shares sold 45,000 shares Open-market sale on April 24, 2026

Weighted average sale price $14.08 per share Equity share sale on April 24, 2026

Sale price range $14.08–$14.74 per share Multiple sale transactions on April 24, 2026

Shares held after transaction 120,875 shares Post-sale direct holdings of Rakesh Jha

FX rate used INR94.25 = $1.00 Translation of Rupee prices to USD on April 24, 2026

Key Terms

weighted average price, open-market sale, H.10 statistical release, Equity Shares, par value Rs. 2 per share

4 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "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.

H.10 statistical release financial

"the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board"

The H.10 statistical release is a regularly published table of key interest rates — such as short-term Treasury yields, commercial paper, and interbank borrowing costs — compiled by the central bank. It gives a snapshot of borrowing and lending rates across different maturities, which investors use like a weather report for the credit markets: changes can alter borrowing costs, bond prices, and expected returns, so it helps assess market conditions and value assets.

Equity Shares, par value Rs. 2 per share financial

"security_title": "Equity Shares, par value Rs. 2 per share""

Form 4 Insider Transactions: What Each Field Means →

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^*

Jha Rakesh

(Last) (First) (Middle)

ICICI BANK TOWERS

BANDRA-KURLA COMPLEX

(Street)

MUMBAI K7 400051

(City) (State) (Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
ICICI BANK LTD [ IBN ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

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, par value Rs. 2 per share	04/24/2026		S		45,000	D	$14.08(1)(2)	120,875	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. The sale prices (average) of the shares are denominated in Rupee and translated for convenience only into USD at the rate of INR94.25 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on April 24, 2026.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.08 to $14.74. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Vivek Ranjan, as Attorney-in-fact	05/05/2026
	** 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)

FAQ

What insider transaction did ICICI Bank (IBN) director Rakesh Jha report?

Director Rakesh Jha reported an open-market sale of 45,000 ICICI Bank equity shares. The transaction occurred on April 24, 2026 at a weighted average price of $14.08 per share, with trade prices ranging from $14.08 to $14.74.

At what price did ICICI Bank (IBN) shares sell in Rakesh Jha’s April 24, 2026 trade?

The filing shows a weighted average sale price of $14.08 per share. Individual trades on April 24, 2026 were executed at prices between $14.08 and $14.74, all translated from Rupee values into U.S. dollars for convenience.

How many ICICI Bank (IBN) shares does Rakesh Jha hold after the reported sale?

After selling 45,000 equity shares, Rakesh Jha holds 120,875 ICICI Bank shares directly. This post-transaction holding figure comes from the Form 4 and reflects his remaining position following the April 24, 2026 open-market sale.

What exchange rate did ICICI Bank (IBN) use to translate the sale prices into U.S. dollars?

The filing states that Rupee-denominated sale prices were translated at INR94.25 to $1.00. This exchange rate is taken from the Federal Reserve Board’s H.10 statistical release dated April 24, 2026 and used solely for convenience in reporting.

Was the ICICI Bank (IBN) insider transaction a purchase or a sale?

The Form 4 reports a sale transaction coded “S,” indicating an open-market or private sale. Director Rakesh Jha disposed of 45,000 ICICI Bank equity shares on April 24, 2026, and now directly holds 120,875 shares after completing this sale.