ICICI Bank director exercises 20,125 share options
ICICI Bank director Sandeep Batra exercised stock options to acquire 20,125 equity shares on May 5, 2026 at $2.26 per share.
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Form Type
4
Rhea-AI Filing Summary
ICICI Bank director Sandeep Batra exercised stock options to acquire 20,125 equity shares on May 5, 2026 at $2.26 per share. Following the transaction, he directly holds 829,560 equity shares of ICICI Bank.
The options were part of a 233,750-share grant from April 26, 2013 that vested in four annual tranches. After this exercise, 50,000 stock options remain outstanding in his direct holdings.
Insider Trade Summary
20,125 shares exercised/converted
Exercise
2 txns
Insider
Batra Sandeep
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 20,125 | $2.26 | $45K |
| Exercise | Equity Shares, par value Rs. 2 per share | 20,125 | $2.26 | $45K |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,000 contracts (Direct);
Equity Shares, par value Rs. 2 per share — 829,560 shares (Direct)
Footnotes (2)
- 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.
- F2. A total of 233,750 stock options granted on April 26, 2013 and vesting in four tranches: (i) 46,750 vested on April 26, 2014 and expired on April 25, 2024 which have been fully exercised by the Reporting Person prior to expiration, (ii) 46,750 vested on April 26, 2015 and expired on April 25, 2025, which have been fully exercised by the Reporting Person prior to expiration, (iii) 70,125 vested on April 26, 2016 and expiring on April 25, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iv) 70,125 vested on April 26, 2017 and expiring on April 25, 2027, 20,125 of which have been exercised by the Reporting Person in the Reported Transaction.
Key Figures
Shares acquired via exercise: 20,125 shares
Exercise price: $2.26 per share
Shares held after transaction: 829,560 shares
+3 more
6 metrics
Shares acquired via exercise
20,125 shares
Equity shares acquired on May 5, 2026 through option exercise
Exercise price
$2.26 per share
Option exercise price translated from rupees for convenience
Shares held after transaction
829,560 shares
Direct equity holdings following the option exercise
Remaining stock options
50,000 options
Stock options remaining in direct holdings after the exercise
Original grant size
233,750 options
Total stock options granted on April 26, 2013
FX rate used
INR94.90 = US$1.00
Exchange rate from Federal Reserve H.10 release on May 1, 2026
Key Terms
Stock Option (Right to Buy), exercise price, H.10 statistical release, vesting in four tranches, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"The exercise prices of the stock options are denominated in Rupee"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
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.
vesting in four tranches financial
"A total of 233,750 stock options granted on April 26, 2013 and vesting in four tranches"
expiration financial
"70,125 vested on April 26, 2017 and expiring on April 25, 2027"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ICICI Bank (IBN) report for Sandeep Batra?
ICICI Bank director Sandeep Batra exercised stock options to acquire 20,125 equity shares. The exercise converted derivative rights into ordinary equity, reflecting a decision to hold more ICICI Bank shares rather than simply maintaining an option-based position.
At what price did Sandeep Batra exercise his ICICI Bank (IBN) stock options?
He exercised stock options at an exercise price of $2.26 per share. This price reflects a rupee-denominated option translated into U.S. dollars using an INR94.90 to US$1.00 exchange rate referenced from a Federal Reserve H.10 statistical release.
How many ICICI Bank (IBN) stock options remain after Sandeep Batra’s exercise?
Following the reported exercise, 50,000 stock options remain in Sandeep Batra’s direct holdings. These residual options are part of a larger 233,750-share grant that vested in four tranches beginning in 2014 and extending through 2017.
What is the background of the ICICI Bank (IBN) stock option grant to Sandeep Batra?
The grant totaled 233,750 stock options issued on April 26, 2013, vesting in four annual tranches. Earlier tranches vested in 2014, 2015, and 2016 and have been fully exercised, while the 2017 tranche continues to be exercised over its remaining life.
How many options from the 2017 tranche did Sandeep Batra exercise in this ICICI Bank (IBN) filing?
From the 2017 vesting tranche of 70,125 options, Sandeep Batra exercised 20,125 options in the reported transaction. The remaining options from this tranche continue to be outstanding until their stated expiration date, barring further exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
