Wipro (WIT) CFO’s 75,000-share open-market sale restated in U.S. dollars

Rhea-AI Filing Summary

WIPRO LTD Chief Financial Officer sells shares and amends currency reporting. Aparna Chandrasekhar Iyer reported an open-market sale of 75,000 Equity Shares of WIPRO LTD on May 4, 2026, at an average price of $2.12 per share. Following this transaction, her directly held shares reported in this filing decreased to 0.

The amended Form 4 updates the transaction from Indian rupees to U.S. dollars. The shares were sold in INR, with the disclosed USD price based on an exchange rate of 94.9 INR per USD, and reflect an average of multiple trades executed between INR 200.45 and INR 203.

Insights

Equity analyst

Wipro’s CFO recorded a 75,000-share open-market sale and now shows no direct holdings in this filing.

The filing shows Chief Financial Officer Aparna Chandrasekhar Iyer sold 75,000 Equity Shares of WIPRO LTD at an average price of $2.12 per share on May 4, 2026. The transaction is classified as an open-market sale, and the position reported in this filing falls to zero directly held shares afterward.

This is an amendment to a prior Form 4 that originally reported the trade in Indian rupees. The updated version restates the price in U.S. dollars using a 94.9 INR per USD exchange rate and notes that the disclosed figure is an average across multiple trades between INR 200.45 and INR 203. From an investment perspective, it is primarily an informational filing clarifying currency and average pricing rather than introducing a new transaction.

Insider Trade Summary

Net Seller: 75,000 shares ($159,000)

Net Sell 1 txn

Insider Iyer Aparna Chandrasekhar

Role Chief Financial Officer

Sold 75,000 shs ($159K)

Type	Security	Shares	Price	Value
Sale	Equity Shares	75,000	$2.12	$159K

Holdings After Transaction: Equity Shares — 0 shares (Direct, null)

Footnotes (1)

1. On May 8, 2026, the Reporting Person filed a Form 4 reporting Indian Rupees (INR) as the currency for the transaction. The Reporting Person is amending the prior Form 4 to report the disposition in US Dollars (USD). The shares were sold in INR and the price is reported in USD based on an exchange rate of 94.9 INR per USD on the date of the transaction. The price reported is an average price of shares sold in multiple transactions ranging from INR 200.45 to INR 203. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Key Figures

Shares sold: 75,000 shares Average sale price: $2.12 per share Shares after transaction: 0 shares +3 more

6 metrics

Shares sold 75,000 shares Equity Shares sold on May 4, 2026

Average sale price $2.12 per share Open-market sale, converted from INR

Shares after transaction 0 shares Directly held Equity Shares reported post-sale

Exchange rate used 94.9 INR per USD Conversion rate on transaction date

INR price range INR 200.45–INR 203 Range of underlying trade prices in rupees

Net shares sold 75,000 shares Net-sell direction in transaction summary

Key Terms

open-market sale, Form 4, exchange rate, Equity Shares, +1 more

5 terms

open-market sale financial

"transaction_action is described as an open-market sale of Equity Shares"

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 regulatory

"the Reporting Person filed a Form 4 reporting Indian Rupees"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

exchange rate financial

"price is reported in USD based on an exchange rate of 94.9 INR per USD"

Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.

Equity Shares financial

"the security title for the transaction is listed as Equity Shares"

Equity shares are units of ownership in a company that give the holder a claim on a portion of its assets and profits, like owning a slice of a business. They matter to investors because their value can rise or fall with the company’s performance and market sentiment, may provide periodic income through dividends, and often carry voting rights that influence how the business is run.

disposition financial

"amending the prior Form 4 to report the disposition in US Dollars"

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^*

Iyer Aparna Chandrasekhar

(Last) (First) (Middle)

DODDAKANNELLI

SARJAPUR ROAD

(Street)

BANGALORE KARNATAKA 560035

(City) (State) (Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
WIPRO LTD [ WIT ]

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)
05/04/2026

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)
05/08/2026

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
Equity Shares	05/04/2026		S(1)		75,000	D	$2.12(2)	0	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. On May 8, 2026, the Reporting Person filed a Form 4 reporting Indian Rupees (INR) as the currency for the transaction. The Reporting Person is amending the prior Form 4 to report the disposition in US Dollars (USD).

2. The shares were sold in INR and the price is reported in USD based on an exchange rate of 94.9 INR per USD on the date of the transaction. The price reported is an average price of shares sold in multiple transactions ranging from INR 200.45 to INR 203. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

	/s/ Lianna Whittleton, Attorney-in-Fact	05/12/2026
	** 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 WIPRO (WIT) disclose in this Form 4/A?

WIPRO disclosed that Chief Financial Officer Aparna Chandrasekhar Iyer sold 75,000 Equity Shares in an open-market transaction on May 4, 2026, at an average price of $2.12 per share. The filing reports this sale and her resulting direct holdings from that specific transaction.

How many WIPRO (WIT) shares did the CFO sell and at what price?

The CFO sold 75,000 Equity Shares of WIPRO at an average price of $2.12 per share. This price reflects multiple trades executed in Indian rupees, converted to U.S. dollars using a 94.9 INR per USD exchange rate on the transaction date.

Why was the WIPRO (WIT) insider Form 4 amended?

The Form 4 was amended to change the reported transaction currency from Indian rupees to U.S. dollars. The original filing used INR; this amendment restates the disposition in USD, based on a 94.9 INR per USD exchange rate as of the trade date.

Does the WIPRO (WIT) CFO still hold shares after this reported sale?

After the reported transaction, the filing shows the CFO with 0 directly held Equity Shares covered by this Form 4/A. This means all 75,000 shares involved in the disclosed open-market sale were disposed of, leaving no remaining direct holdings in this specific report.

How was the WIPRO (WIT) sale price calculated across multiple trades?

The sale price reported is an average of shares sold in multiple trades, executed between INR 200.45 and INR 203 per share. These rupee prices were converted into U.S. dollars using a 94.9 INR per USD exchange rate to derive the $2.12 average.

What type of insider transaction did WIPRO (WIT) classify in this filing?

The transaction is classified as an open-market sale of non-derivative Equity Shares. It involves the CFO selling 75,000 shares directly, with no derivative exercises reported, and reflects a net sale position of the same number of shares in this filing.