MakeMyTrip Insider to Sell 30,000 Shares via Morgan Stanley on 08/22/2025

Rhea-AI Filing Summary

MakeMyTrip Limited (MMYT) reported a Form 144 notice for the proposed sale of 30,000 common shares, with an aggregate market value of $3,105,000.00, to be sold through Morgan Stanley Smith Barney LLC on 08/22/2025 on NASDAQ. The filing shows these shares were acquired the same day by exercise of options under a registered plan and paid in cash. The filer previously sold 2,000 shares on 05/27/2025 for gross proceeds of $210,000.00. The notice includes the standard representation that the seller knows of no undisclosed material adverse information.

Positive

• Transparent disclosure: Filing complies with Rule 144 reporting and names the broker and sale date
• Acquisition clarity: Shares were acquired by exercise of options under a registered plan and paid in cash

Negative

• Insider sale amount: Proposed sale of 30,000 shares with aggregate market value of $3,105,000.00 may be viewed negatively by some investors
• Recent insider selling: The filer previously sold 2,000 shares on 05/27/2025 for $210,000.00

Insights

Securities Analyst

TL;DR: Insider is selling newly exercised option shares worth $3.1M; transaction disclosed under Rule 144 and scheduled for 08/22/2025.

The filing documents a routine insider sale under Rule 144: 30,000 common shares acquired by exercise of options and slated for sale through Morgan Stanley Smith Barney LLC on NASDAQ. The seller completed a prior smaller sale of 2,000 shares on 05/27/2025 for $210,000. The disclosure is specific and procedural, showing compliance with resale reporting requirements; it does not disclose any company operational or financial metrics. For investors, the sale quantifies insider liquidity but provides no indication of undisclosed adverse information, per the seller's representation.

Corporate Governance Expert

TL;DR: This is a compliance-focused filing showing option exercise followed by planned disposition; no governance red flags disclosed.

The Form 144 indicates the securities were acquired via exercise under a registered plan and are to be sold the same day for cash, consistent with executives or insiders monetizing vested options. The filing includes the statutory attestation denying possession of material nonpublic information. There is no indication of unusual trading arrangements, enforcement actions, or governance changes in the document. Material governance implications cannot be drawn from this single notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	3105000.00	71594512	08/22/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/22/2025	Exercise of options under a registered plan	Issuer			30000	08/22/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RAJESH MAGOW 19TH FLOOR, BUILDING NO.5, DLF CYBER CITY, GURGAON K7 122002	Common	05/27/2025	2000	210000.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for MMYT disclose?

The filing discloses a proposed sale of 30,000 common shares valued at $3,105,000.00 to be sold through Morgan Stanley Smith Barney LLC on 08/22/2025 on NASDAQ.

How were the 30,000 MMYT shares acquired?

The shares were acquired on 08/22/2025 by exercise of options under a registered plan and payment was made in cash.

Has the filer sold MMYT shares recently?

Yes; the filer sold 2,000 shares on 05/27/2025 for gross proceeds of $210,000.00.

Who is the broker handling the proposed sale?

The broker named in the filing is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

Does the filing state the seller possesses material nonpublic information?

The seller represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.