Wipro (NYSE: WIT) CFO sells 45,000 shares, retains 3,678 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WIPRO LTD Chief Financial Officer Aparna Chandrasekhar Iyer sold 45,000 Equity Shares in an open-market transaction. The sale took place on May 19, 2026 at a reported price of $2.00 per share, and was executed in Indian Rupees at an average price of INR 192.4 per share, using an exchange rate of 96.345 INR per USD. After this transaction, she directly holds 3,678 Equity Shares. No derivative holdings are reported in this filing, so the activity relates solely to common equity ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,000 shares ($90,000)
Net Sell
1 txn
Insider
Iyer Aparna Chandrasekhar
Role
Chief Financial Officer
Sold
45,000 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Equity Shares | 45,000 | $2.00 | $90K |
Holdings After Transaction:
Equity Shares — 3,678 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 45,000 shares
Sale price per share: $2.00 per share
Average INR price: INR 192.4 per share
+2 more
5 metrics
Shares sold
45,000 shares
Equity Shares sold on May 19, 2026
Sale price per share
$2.00 per share
Reported transaction price for Equity Shares
Average INR price
INR 192.4 per share
Average sale price in Indian Rupees
FX rate
96.345 INR per USD
Exchange rate used on transaction date
Shares held after sale
3,678 shares
Direct holdings following the transaction
Key Terms
open-market sale, Equity Shares, average price, exchange rate
4 terms
open-market sale financial
"The sale 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.
average price financial
"The shares were sold in INR at an average price of INR 192.4 per share."
exchange rate financial
"The price is reported in USD based on an exchange rate of 96.345 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.
FAQ
What insider transaction did WIT’s CFO report on May 19, 2026?
WIPRO LTD’s CFO, Aparna Chandrasekhar Iyer, reported selling 45,000 Equity Shares on May 19, 2026, in an open-market transaction at $2.00 per share, leaving her with 3,678 shares directly held.
Was the WIT CFO’s transaction an open-market sale or another type of trade?
The Form 4 describes the CFO’s transaction as an open-market sale of Equity Shares. The transaction code is “S,” indicating a sale in the open market or a private transaction, with no related derivative exercise reported in this filing.
Does the WIPRO LTD Form 4 show any option exercises or derivative positions?
This Form 4 does not report any derivative transactions or remaining derivative positions. The derivative summary is empty, and the only listed activity is the open-market sale of 45,000 Equity Shares by the CFO.