Infosys (INFY) HR chief receives 1,830 ADR PSUs under 2019 plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Infosys Ltd reported that Chief Human Resources Officer Mathew Shaji received a compensation-related equity award. He was granted 1,830 Infosys Expanded Stock Ownership Program – 2019 ADR PSUs linked to Indian equity shares at a reported price of $0.00 per unit.

The award is a derivative security with an exercise price of 5.0000 per underlying Indian equity share, with an exercise date of March 31, 2026 and an expiration date of June 29, 2026. Following this grant, his directly held derivative position from this award is 1,830 units. The filing notes that the exercise price is denominated in Indian Rupees.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mathew Shaji

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Infosys Expanded Stock Ownership Program - 2019 ADR PSU	1,830	$0.00	--

Holdings After Transaction: Infosys Expanded Stock Ownership Program - 2019 ADR PSU — 1,830 shares (Direct, null)

Footnotes (1)

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Key Figures

ADR PSUs granted: 1,830 units Grant price per unit: $0.00 per unit Exercise price: 5.0000 INR per share +4 more

7 metrics

ADR PSUs granted 1,830 units Grant under Infosys Expanded Stock Ownership Program – 2019

Grant price per unit $0.00 per unit Award classified as compensation, not market purchase

Exercise price 5.0000 INR per share Conversion price for underlying Indian equity shares

Underlying shares 1,830 Indian equity shares Underlying security for the ADR PSU grant

Exercise date March 31, 2026 Listed exercise date for the derivative award

Expiration date June 29, 2026 Expiration of the ADR PSU derivative

Holdings after grant 1,830 derivative units Total directly held from this award after transaction

Key Terms

Infosys Expanded Stock Ownership Program - 2019 ADR PSU, ADR PSU, Indian Equity Shares, exercise price, +1 more

5 terms

Infosys Expanded Stock Ownership Program - 2019 ADR PSU financial

"Infosys Expanded Stock Ownership Program - 2019 ADR PSU"

ADR PSU financial

"Infosys Expanded Stock Ownership Program - 2019 ADR PSU"

Indian Equity Shares financial

"underlying_security_title: Indian Equity Shares"

exercise price financial

"The exercise price is Indian Rupee (INR)."

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.

derivative security financial

"transaction_type: derivative"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 04:18 PM

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^*

Mathew Shaji

(Last)

(First)

(Middle)

ELECTRONICS CITY, HOSUR ROAD

(Street)

BENGALURU

KARNATAKA

560 100

(City)

(State)

(Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Infosys Ltd [ INFY ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Infosys Expanded Stock Ownership Program - 2019 ADR PSU	$5⁽¹⁾	03/31/2026		A		1,830		03/31/2026	06/29/2026	Indian Equity Shares	1,830	$0	1,830	D

Explanation of Responses:

1. The exercise price is Indian Rupee (INR).

	/s/ Manikantha A.G.S., Attorney-in-fact	05/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Infosys (INFY) report for Mathew Shaji?

Infosys reported that Chief Human Resources Officer Mathew Shaji received an award of 1,830 ADR PSUs as equity-based compensation. These awards come from the Infosys Expanded Stock Ownership Program – 2019 and are structured as derivative securities linked to Indian equity shares.

How many ADR PSUs did Infosys (INFY) grant to its HR chief?

Infosys granted Chief Human Resources Officer Mathew Shaji 1,830 ADR Performance Stock Units under its 2019 stock ownership program. This grant increases his derivative-based equity exposure to Infosys without involving any open-market purchase or sale of the company’s shares.

Was the Infosys (INFY) award to Mathew Shaji a market purchase or sale?

The transaction was not a market trade. It was classified as an acquisition via grant or award, with 1,830 ADR PSUs issued at a stated price of $0.00 per unit, reflecting compensation rather than an open-market purchase or sale of Infosys shares.

What is the exercise price and currency for the Infosys (INFY) ADR PSU grant?

The 1,830 ADR PSUs granted to Mathew Shaji carry a conversion or exercise price of 5.0000 per underlying Indian equity share. A footnote specifies that this exercise price is denominated in Indian Rupees, aligning the award with Infosys’s home-market currency.

When do the Infosys (INFY) ADR PSUs awarded to Mathew Shaji expire?

The derivative award to Mathew Shaji lists an exercise date of March 31, 2026 and an expiration date of June 29, 2026. These dates define the window during which the 1,830 ADR PSUs tied to Indian equity shares can be exercised under the program’s terms.