[Form 4] MakeMyTrip Ltd Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MakeMyTrip Ltd Group Chief Operating Officer Kabra Mohit received equity compensation in the form of Restricted Stock Units. The Form 4 reports grants of 788 RSUs and 26,358 RSUs, each convertible into the same number of Ordinary Shares at a nominal exercise price.
According to the footnotes, part of these awards, including 13,179 performance-based RSUs, vest only if certain performance conditions are met. Time-based RSUs are scheduled to vest between April 1, 2027 and April 1, 2030, while performance-based RSUs are scheduled to vest on September 30, 2026, with expiration dates running from March 31, 2031 to March 31, 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kabra Mohit
Role
Group Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 26,358 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 788 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 26,358 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 13,179 performance-based Restricted Stock Units relating to 13,179 Ordinary Shares subject to achievement of certain performance-based vesting conditions. Performance-based Restricted Stock Units are scheduled to vest on September 30, 2026 with the expiration date May 31, 2030, subject to extension at the sole discretion of the Company.
FAQ
What insider transaction did MakeMyTrip (MMYT) report for Kabra Mohit?
MakeMyTrip reported equity awards to Group Chief Operating Officer Kabra Mohit. The Form 4 shows grants of 788 Restricted Stock Units and 26,358 Restricted Stock Units, each linked to Ordinary Shares as part of his compensation package rather than open-market share purchases or sales.
How many Restricted Stock Units were granted to Kabra Mohit at MakeMyTrip (MMYT)?
Kabra Mohit received two RSU grants totaling 788 and 26,358 units. Each RSU corresponds to one Ordinary Share at a nominal exercise price, reflecting stock-based compensation meant to align the Group Chief Operating Officer’s interests with long-term shareholder value.
What is the vesting schedule for Kabra Mohit’s MakeMyTrip (MMYT) RSUs?
The RSUs vest over several years. Time-based Restricted Stock Units are scheduled to vest between April 1, 2027 and April 1, 2030. Additional performance-based RSUs are scheduled to vest on September 30, 2026, subject to specified performance conditions and later expiration dates through 2034.
What are the performance-based RSUs disclosed for MakeMyTrip (MMYT) COO Kabra Mohit?
The filing highlights 13,179 performance-based RSUs tied to 13,179 Ordinary Shares. These units vest only if certain performance-based conditions are achieved, with a scheduled vesting date of September 30, 2026 and an expiration date of May 31, 2030, subject to possible extension.
What role does Kabra Mohit hold at MakeMyTrip (MMYT) in this Form 4?
Kabra Mohit is identified as Group Chief Operating Officer and a director. The reported Restricted Stock Unit awards represent part of his executive compensation, with vesting schedules and performance conditions designed to promote long-term alignment with MakeMyTrip’s operational and financial objectives.