STOCK TITAN

[Form 4] ICICI BANK LTD Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ICICI Bank Ltd director Ajay K. Gupta exercised stock options to acquire a total of 80,300 equity shares on April 21, 2026. The exercises covered four tranches of options into equity shares, with exercise prices translated from rupees into U.S. dollars at rates such as $1.65, $2.30, $2.54, and $3.02 per share, as described in the footnotes. The filing reports only option exercises and resulting share acquisitions, with no share sales or other dispositions.

Positive

  • None.

Negative

  • None.
Insider Gupta Ajay K
Role null
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 31,350 $3.02 $95K
Exercise Stock Option (Right to Buy) 7,950 $2.54 $20K
Exercise Stock Option (Right to Buy) 33,000 $2.30 $76K
Exercise Stock Option (Right to Buy) 8,000 $1.65 $13K
Exercise Equity Shares, par value Rs. 2 per share 31,350 $3.02 $95K
Exercise Equity Shares, par value Rs. 2 per share 7,950 $2.54 $20K
Exercise Equity Shares, par value Rs. 2 per share 33,000 $2.30 $76K
Exercise Equity Shares, par value Rs. 2 per share 8,000 $1.65 $13K
Holdings After Transaction: Stock Option (Right to Buy) — 73,150 shares (Direct, null); Equity Shares, par value Rs. 2 per share — 31,350 shares (Direct, null)
Footnotes (1)
  1. The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD at the rate of INR92.90 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on April 17, 2026. A total of 104,500 stock options granted on April 27, 2015 and vesting in three tranches: (i) 31,350 vested on April 27, 2016 and expiring on April 26, 2026, which have been fully exercised by the Reporting Person in Reported Transaction (ii) 31,350 vested on April 27, 2017 and expiring on April 26, 2027, and (iii) 41,800 vested on April 27, 2018 and expiring on April 26, 2028. A total of 126,500 stock options granted on April 25, 2014 and vesting in three tranches: (i) 37,950 vested on April 25, 2015 and expired on April 24, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 37,950 vested on April 25, 2016 and expiring on April 24, 2026, 30,000 of which have been exercised by the Reporting Person prior to expiration and 7,950 of which have been exercised by the Reporting Person in Reported Transaction and (iii) 50,600 vested on April 25, 2017 and expiring on April 24, 2027. A total of 110,000 stock options granted on April 26, 2013 and vesting in four tranches: (i) 22,000 vested on April 26, 2014 and expired on April 25, 2024, which have been fully exercised by the Reporting Person prior to expiration, (ii) 22,000 vested on April 26, 2015 and expired on April 25, 2025, which have been fully exercised by the Reporting Person prior to expiration (iii) 33,000 vested on April 26, 2016 and expiring on April 25, 2026, which have been fully exercised by the Reporting Person in Reported Transaction and (iv) 33,000 vested on April 26, 2017 and expiring on April 25, 2027. A total of 110,000 stock options granted on April 27, 2012 and vesting in four tranches: (i) 22,000 vested on April 27, 2013 and expired on April 26, 2023, which have been fully exercised by the Reporting Person prior to expiration, (ii) 22,000 vested on April 27, 2014 and expired on April 26, 2024, which have been fully exercised by the Reporting Person prior to expiration, (iii) 33,000 vested on April 27, 2015 and expired on April 26, 2025, which have been fully exercised by the Reporting Person prior to expiration and (iv) 33,000 vested on April 27, 2016 and expiring on April 26, 2026, 25,000 of which have been exercised by the Reporting Person prior to expiration and 8,000 of which have been exercised by the Reporting Person in Reported Transaction.
Total shares acquired 80,300 shares Equity shares acquired via option exercises on April 21, 2026
Tranche 1 exercise 8,000 shares at $1.65 Equity shares from options exercised on April 21, 2026
Tranche 2 exercise 33,000 shares at $2.30 Equity shares from options exercised on April 21, 2026
Tranche 3 exercise 7,950 shares at $2.54 Equity shares from options exercised on April 21, 2026
Tranche 4 exercise 31,350 shares at $3.02 Equity shares from options exercised on April 21, 2026
Exchange rate used INR92.90 = US$1.00 Conversion of rupee-denominated exercise prices on April 17, 2026
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
vesting in three tranches financial
""vesting in three tranches: (i) 31,350 vested on April 27, 2016""
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.
exercise prices denominated in Rupee financial
"The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD"
SEC Form 4
FORM 4UNITED 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*
Gupta Ajay K

(Last)(First)(Middle)
ICICI BANK TOWERS
BANDRA-KURLA COMPLEX

(Street)
MUMBAIK7400051

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Equity Shares, par value Rs. 2 per share04/21/2026M31,350A$3.02(1)31,350D
Equity Shares, par value Rs. 2 per share04/21/2026M7,950A$2.54(1)7,950D
Equity Shares, par value Rs. 2 per share04/21/2026M33,000A$2.3(1)33,000D
Equity Shares, par value Rs. 2 per share04/21/2026M8,000A$1.65(1)8,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$3.02(1)04/21/2026M31,350 (2) (2)Equity Shares, par value Rs. 2 per share31,350$3.02(1)73,150(2)D
Stock Option (Right to Buy)$2.54(1)04/21/2026M7,950 (3) (3)Equity Shares, par value Rs. 2 per share7,950$2.54(1)50,600(3)D
Stock Option (Right to Buy)$2.3(1)04/21/2026M33,000 (4) (4)Equity Shares, par value Rs. 2 per share33,000$2.3(1)33,000(4)D
Stock Option (Right to Buy)$1.65(1)04/21/2026M8,000 (5) (5)Equity Shares, par value Rs. 2 per share8,000$1.65(1)0(5)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 INR92.90 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on April 17, 2026.
2. A total of 104,500 stock options granted on April 27, 2015 and vesting in three tranches: (i) 31,350 vested on April 27, 2016 and expiring on April 26, 2026, which have been fully exercised by the Reporting Person in Reported Transaction (ii) 31,350 vested on April 27, 2017 and expiring on April 26, 2027, and (iii) 41,800 vested on April 27, 2018 and expiring on April 26, 2028.
3. A total of 126,500 stock options granted on April 25, 2014 and vesting in three tranches: (i) 37,950 vested on April 25, 2015 and expired on April 24, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 37,950 vested on April 25, 2016 and expiring on April 24, 2026, 30,000 of which have been exercised by the Reporting Person prior to expiration and 7,950 of which have been exercised by the Reporting Person in Reported Transaction and (iii) 50,600 vested on April 25, 2017 and expiring on April 24, 2027.
4. A total of 110,000 stock options granted on April 26, 2013 and vesting in four tranches: (i) 22,000 vested on April 26, 2014 and expired on April 25, 2024, which have been fully exercised by the Reporting Person prior to expiration, (ii) 22,000 vested on April 26, 2015 and expired on April 25, 2025, which have been fully exercised by the Reporting Person prior to expiration (iii) 33,000 vested on April 26, 2016 and expiring on April 25, 2026, which have been fully exercised by the Reporting Person in Reported Transaction and (iv) 33,000 vested on April 26, 2017 and expiring on April 25, 2027.
5. A total of 110,000 stock options granted on April 27, 2012 and vesting in four tranches: (i) 22,000 vested on April 27, 2013 and expired on April 26, 2023, which have been fully exercised by the Reporting Person prior to expiration, (ii) 22,000 vested on April 27, 2014 and expired on April 26, 2024, which have been fully exercised by the Reporting Person prior to expiration, (iii) 33,000 vested on April 27, 2015 and expired on April 26, 2025, which have been fully exercised by the Reporting Person prior to expiration and (iv) 33,000 vested on April 27, 2016 and expiring on April 26, 2026, 25,000 of which have been exercised by the Reporting Person prior to expiration and 8,000 of which have been exercised by the Reporting Person in Reported Transaction.
/s/ Vivek Ranjan, as Attorney-in-fact04/23/2026
** Signature of Reporting PersonDate
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).
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* Form 4: SEC 1474 (03-26)