MakeMyTrip (MMYT) CEO Rajesh Magow receives 56,576 RSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Magow Rajesh reported acquisition or exercise transactions in this Form 4 filing.

MakeMyTrip Ltd’s Group Chief Executive Officer Rajesh Magow received grants of 56,576 Restricted Stock Units (RSUs), representing equity-based compensation rather than open‑market purchases or sales. The awards cover 56,576 underlying Ordinary Shares.

According to the filing, 27,098 RSUs are scheduled to vest between April 1, 2027 and April 1, 2030, with expiration dates ranging from March 31, 2031 to March 31, 2034, and include 14,739 performance-based RSUs tied to specific performance conditions. A separate block of performance-based RSUs is scheduled to vest on September 30, 2026 with an expiration date of March 31, 2031, all subject to potential extension at the company’s discretion.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Magow Rajesh

Role Group Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	29,478	$0.00	--
Grant/Award	Restricted Stock Units	27,098	$0.00	--

Holdings After Transaction: Restricted Stock Units — 29,478 shares (Direct, null)

Footnotes (1)

The Restricted Stock Units are scheduled to vest between April 1, 2027 to April 1, 2030, with expiration dates ranging from March 31, 2031 to March 31, 2034, subject to extension at the sole discretion of the Company, and include 14,739 performance-based Restricted Stock Units relating to 14,739 Ordinary Shares subject to the achievement of certain performance-based vesting conditions. Performance-based Restricted Stock Units are scheduled to vest on September 30, 2026 with the expiration date March 31, 2031, subject to extension at the sole discretion of the Company.

Key Figures

Total RSUs granted: 56,576 Restricted Stock Units First RSU grant: 27,098 RSUs Second RSU grant: 29,478 RSUs +5 more

8 metrics

Total RSUs granted 56,576 Restricted Stock Units Awards to Group CEO Rajesh Magow on July 1, 2026

First RSU grant 27,098 RSUs Derivative award with 27,098 underlying Ordinary Shares

Second RSU grant 29,478 RSUs Derivative award with 29,478 underlying Ordinary Shares

Performance-based RSUs 14,739 RSUs Tied to 14,739 Ordinary Shares with performance conditions

Vesting window April 1, 2027 – April 1, 2030 Scheduled vesting period for part of the RSUs

Earliest performance vesting September 30, 2026 Scheduled vesting date for performance-based RSUs

Expiration range March 31, 2031 – March 31, 2034 Expiration dates for the RSUs, extendable by company

Holdings after first grant 252,914 RSUs Total RSUs following the 27,098-unit award

Key Terms

Restricted Stock Units, performance-based Restricted Stock Units, Ordinary Shares, Grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"The Restricted Stock Units are scheduled to vest between April 1, 2027 to April 1, 2030"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based Restricted Stock Units financial

"include 14,739 performance-based Restricted Stock Units relating to 14,739 Ordinary Shares"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

Ordinary Shares financial

"performance-based Restricted Stock Units relating to 14,739 Ordinary Shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 11:01 AM Accepted by SEC EDGAR 07/02/2026 - 11:00 AM

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^*

Magow Rajesh

(Last)

(First)

(Middle)

CM 717 B, THE CAMELLIAS

DLF PHASE V GOLF LINKS,

(Street)

GURGAON

122009

(City)

(State)

(Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
MakeMyTrip Ltd [ MMYT ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Group Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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)
Restricted Stock Units	$0.0005	07/01/2026		A		29,478		⁽¹⁾	⁽¹⁾	Ordinary Shares	29,478	$0	29,478	D
Restricted Stock Units	$0.0005	07/01/2026		A		27,098		⁽²⁾	⁽²⁾	Ordinary Shares	27,098	$0	252,914	D

Explanation of Responses:

1. The Restricted Stock Units are scheduled to vest between April 1, 2027 to April 1, 2030, with expiration dates ranging from March 31, 2031 to March 31, 2034, subject to extension at the sole discretion of the Company, and include 14,739 performance-based Restricted Stock Units relating to 14,739 Ordinary Shares subject to the achievement of certain performance-based vesting conditions.

2. Performance-based Restricted Stock Units are scheduled to vest on September 30, 2026 with the expiration date March 31, 2031, subject to extension at the sole discretion of the Company.

	/s/ Rajesh Magow	07/02/2026
	** 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 transactions did MakeMyTrip (MMYT) report for Rajesh Magow?

MakeMyTrip reported that Group CEO Rajesh Magow received grants of Restricted Stock Units totaling 56,576 underlying Ordinary Shares. These awards are equity compensation, not open-market purchases or sales, and will vest over future dates subject to specified conditions.

How many Restricted Stock Units were granted to the MakeMyTrip (MMYT) CEO?

Rajesh Magow received two RSU grants totaling 56,576 Restricted Stock Units linked to 56,576 Ordinary Shares. One grant covers 27,098 RSUs and another 29,478 RSUs, with vesting and expiration schedules stretching from 2026 through 2034.

When do the new MakeMyTrip (MMYT) RSU awards to the CEO vest?

The CEO’s RSUs vest in stages, with one performance-based tranche scheduled for September 30, 2026. Another block of RSUs is scheduled to vest between April 1, 2027 and April 1, 2030, providing a long-term incentive structure tied to future service and performance.

What are performance-based RSUs in the MakeMyTrip (MMYT) Form 4 filing?

Performance-based RSUs are share units that vest only if specific performance conditions are met. The filing notes 14,739 such RSUs tied to 14,739 Ordinary Shares, plus another performance-based award vesting September 30, 2026, all subject to company discretion on expiration extensions.

Does Rajesh Magow’s MakeMyTrip (MMYT) Form 4 show any stock sales or purchases?

The Form 4 only reports acquisitions coded as awards of Restricted Stock Units, not open-market stock purchases or sales. Transactions are labeled as grants or awards, indicating compensation-related equity rather than discretionary trading in MakeMyTrip Ordinary Shares.

What are the expiration dates for the MakeMyTrip (MMYT) CEO’s RSUs?

The RSUs carry expiration dates ranging from March 31, 2031 to March 31, 2034. The filing states these expiration dates may be extended at the sole discretion of the company, emphasizing their long-term nature as part of executive compensation.