Infosys (INFY) CFO trims stake with sale of 5,191 shares

Rhea-AI Filing Summary

Infosys Ltd Chief Financial Officer Jayesh Sanghrajka reported an open-market sale of 5,191 Indian Equity Shares. The shares were sold on May 14, 2026 at a price of INR 1,091.36 per share, according to the filing.

After this transaction, he directly holds 180,471 Indian Equity Shares. This total includes 59,950 shares represented by Restricted Stock Units (RSUs), which vest over time and require continued service for each vesting date.

Insider Trade Summary

Net Seller: 5,191 shares ($5,665,250)

Net Sell 1 txn

Insider Sanghrajka Jayesh

Role Chief Financial Officer

Sold 5,191 shs ($5.67M)

Type	Security	Shares	Price	Value
Sale	Indian Equity Shares	5,191	$1,091.36	$5.67M

Holdings After Transaction: Indian Equity Shares — 180,471 shares (Direct, null)

Footnotes (1)

1. Disposed pursuant to cashless exercise of vested units. The price is in Indian Rupee (INR). Includes 59,950 shares which are represented by Equity Share Restricted Stock Units ("RSUs"). Each RSU represents the Reporting Person's right to receive one Indian Equity Share of the Issuer, subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each applicable vesting date. This includes shares exercised, pending allotment.

Key Figures

Shares sold: 5,191 shares Sale price: INR 1,091.36 per share Shares held after transaction: 180,471 shares +1 more

4 metrics

Shares sold 5,191 shares Open-market sale of Indian Equity Shares on May 14, 2026

Sale price INR 1,091.36 per share Price for the 5,191 Indian Equity Shares sold

Shares held after transaction 180,471 shares Direct holdings of Infosys CFO following the sale

RSU-represented shares 59,950 shares Portion of total holdings represented by Equity Share RSUs

Key Terms

cashless exercise, Restricted Stock Units ("RSUs"), Indian Equity Shares, open-market sale

4 terms

cashless exercise financial

"Disposed pursuant to cashless exercise of vested units."

A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

Restricted Stock Units ("RSUs") financial

"Includes 59,950 shares which are represented by Equity Share Restricted Stock Units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Indian Equity Shares financial

"Each RSU represents the Reporting Person's right to receive one Indian Equity Share of the Issuer."

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.

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^*

Sanghrajka Jayesh

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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
Indian Equity Shares	05/14/2026		S		5,191(1)	D	$1,091.36(2)	180,471(3)	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. Disposed pursuant to cashless exercise of vested units.

2. The price is in Indian Rupee (INR).

3. Includes 59,950 shares which are represented by Equity Share Restricted Stock Units ("RSUs"). Each RSU represents the Reporting Person's right to receive one Indian Equity Share of the Issuer, subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each applicable vesting date. This includes shares exercised, pending allotment.

	/s/ Manikantha A.G.S., Attorney-in-fact	05/28/2026
	** 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 Infosys (INFY) disclose for CFO Jayesh Sanghrajka?

Infosys disclosed that CFO Jayesh Sanghrajka sold 5,191 Indian Equity Shares in an open-market transaction. The sale occurred on May 14, 2026, and was reported on a Form 4 insider filing with the SEC for Infosys investors.

At what price did the Infosys (INFY) CFO sell his Indian Equity Shares?

The Infosys CFO sold 5,191 Indian Equity Shares at INR 1,091.36 per share. The filing specifies that the transaction price is denominated in Indian Rupees, reflecting the currency in which Infosys’ Indian Equity Shares trade.

How many Infosys (INFY) shares does the CFO hold after the reported sale?

Following the sale, Infosys CFO Jayesh Sanghrajka holds 180,471 Indian Equity Shares directly. This figure includes both regular shares and shares represented by Restricted Stock Units that are subject to vesting and continued service conditions.

What portion of the Infosys (INFY) CFO’s holdings are in Restricted Stock Units (RSUs)?

The filing notes that 59,950 of the Infosys CFO’s 180,471 Indian Equity Shares are represented by RSUs. Each RSU entitles him to receive one share, conditioned on the applicable vesting schedule and his continued status as a service provider.

How was the sale of Infosys (INFY) shares by the CFO linked to equity compensation?

A footnote explains that the disposal was pursuant to a cashless exercise of vested units. This means the shares sold were tied to previously granted equity units, exercised without paying cash upfront and settled through the sale of underlying shares.