ICICI Bank CFO granted 125,600 stock options

ICICI Bank Group Chief Financial Officer Anindya Banerjee received a grant of 125,600 stock options relating to equity shares with par value Rs.

Rhea-AI Filing Summary

ICICI Bank Group Chief Financial Officer Anindya Banerjee received a grant of 125,600 stock options relating to equity shares with par value Rs. 2 per share. The options have an exercise price of $14.18 per share, translated from Rupees using an INR94.90 to US$1.00 exchange rate.

The grant was awarded on April 17, 2026 and vests in three tranches: 37,680 options on April 17, 2027, another 37,680 on April 17, 2028, and 50,240 on April 17, 2029, with expirations in 2032, 2033, and 2034 respectively. After this award, Banerjee holds 125,600 stock options directly.

Insider Trade Summary

Grant/Award: 125,600 shares

Grant/Award 1 txn

Insider Banerjee Anindya

Role Group Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	125,600	$14.18	$1.78M

Holdings After Transaction: Stock Option (Right to Buy) — 125,600 contracts (Direct)

Footnotes (2)

1. F1. The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD at the rate of INR94.90 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on May 1, 2026.
2. F2. A total of 125,600 stock options granted on April 17, 2026 and vesting in three tranches: (i) 37,680 vesting on April 17, 2027 and expiring on April 16, 2032, (ii) 37,680 vesting on April 17, 2028 and expiring on April 16, 2033 and (iii) 50,240 vesting on April 17, 2029 and expiring on April 16, 2034.

Key Figures

Stock options granted: 125,600 options Exercise price: $14.18 per share FX rate used: INR94.90 = US$1.00 +4 more

7 metrics

Stock options granted 125,600 options Grant to Group CFO Anindya Banerjee

Exercise price $14.18 per share Translated from Rupee-denominated strike

FX rate used INR94.90 = US$1.00 Federal Reserve H.10 release on May 1, 2026

First vesting tranche 37,680 options Vesting on April 17, 2027; expiring April 16, 2032

Second vesting tranche 37,680 options Vesting on April 17, 2028; expiring April 16, 2033

Third vesting tranche 50,240 options Vesting on April 17, 2029; expiring April 16, 2034

Options held after grant 125,600 options Total derivative holdings following this transaction

Key Terms

Stock Option (Right to Buy), exercise prices, vesting, H.10 statistical release, +1 more

5 terms

Stock Option (Right to Buy) financial

"security_title is listed as "Stock Option (Right to Buy)" for the transaction"

exercise prices financial

"The exercise prices of the stock options are denominated in Rupee and translated for convenience"

vesting financial

"A total of 125,600 stock options granted on April 17, 2026 and vesting in three tranches"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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.

par value financial

"underlying security described as equity shares, par value Rs. 2 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

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

What did ICICI Bank (IBN) disclose about Anindya Banerjee in this Form 4?

ICICI Bank reported that Group Chief Financial Officer Anindya Banerjee received a grant of 125,600 stock options. These options relate to equity shares with par value Rs. 2 each and represent a compensation award rather than an open-market stock purchase or sale.

What is the exercise price of Anindya Banerjee’s ICICI Bank (IBN) stock options?

The granted stock options carry an exercise price of $14.18 per share. This price is translated from a Rupee-denominated strike using an INR94.90 to US$1.00 exchange rate, based on the Federal Reserve Board’s H.10 statistical release dated May 1, 2026.

How many ICICI Bank (IBN) stock options were granted to Anindya Banerjee?

Anindya Banerjee received a grant of 125,600 stock options. Each option represents the right to buy one ICICI Bank equity share with par value Rs. 2, subject to vesting over time and future exercise at the stated price if conditions are met.

What is the vesting schedule for Anindya Banerjee’s ICICI Bank (IBN) option grant?

The 125,600 options vest in three tranches: 37,680 on April 17, 2027, 37,680 on April 17, 2028, and 50,240 on April 17, 2029. Each tranche has a later expiration date, ranging from April 16, 2032 to April 16, 2034.

When do Anindya Banerjee’s ICICI Bank (IBN) options expire after vesting?

The options expire in stages after vesting: the first 37,680 options expire on April 16, 2032, the next 37,680 on April 16, 2033, and the final 50,240 on April 16, 2034. After these dates, unexercised options from each tranche lapse.

Is this ICICI Bank (IBN) Form 4 transaction an open-market buy or sell?

No. The Form 4 records a grant or award acquisition of stock options, coded as transaction type “A.” It reflects compensation granted by the company, not an open-market purchase or sale of ICICI Bank shares by Anindya Banerjee.

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

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Accepted by SEC EDGAR 05/08/2026 - 06:17 AM 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^*

Banerjee Anindya

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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
Stock Option (Right to Buy)	$14.18(1)	05/01/2026		A		125,600		(2)	(2)	Equity Shares, par value Rs. 2 per share	125,600	$14.18(1)	125,600(2)	D

Explanation of Responses:

1. The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD at the rate of INR94.90 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on May 1, 2026.

2. A total of 125,600 stock options granted on April 17, 2026 and vesting in three tranches: (i) 37,680 vesting on April 17, 2027 and expiring on April 16, 2032, (ii) 37,680 vesting on April 17, 2028 and expiring on April 16, 2033 and (iii) 50,240 vesting on April 17, 2029 and expiring on April 16, 2034.

	/s/ Vivek Ranjan, as Attorney-in-fact	05/08/2026
	** 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)