Wipro (NYSE: WIT) CFO sells 75,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wipro Ltd Chief Financial Officer Aparna Chandrasekhar Iyer reported an open-market sale of 75,000 Equity Shares on May 4, 2026. The shares were sold at a weighted average price of 201.58 INR per share, with individual trade prices ranging from 200.45 INR to 203 INR.
Following this transaction, the filing shows that Iyer directly holds 48,678 Equity Shares of Wipro. No derivative positions are listed in this report, so the disclosed activity reflects a single, direct share sale and the resulting remaining equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 75,000 shares ($15,118,500)
Net Sell
1 txn
Insider
Iyer Aparna Chandrasekhar
Role
Chief Financial Officer
Sold
75,000 shs ($15.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Equity Shares | 75,000 | $201.58 | $15.12M |
Holdings After Transaction:
Equity Shares — 48,678 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 75,000 shares
Weighted average sale price: 201.58 INR/share
Sale price range: 200.45–203 INR/share
+2 more
5 metrics
Shares sold
75,000 shares
Open-market sale on May 4, 2026
Weighted average sale price
201.58 INR/share
Average across multiple trades
Sale price range
200.45–203 INR/share
Range of individual trade prices
Shares held after transaction
48,678 shares
Direct ownership following sale
Net shares sold
75,000 shares
Net buy/sell direction is net-sell
Key Terms
open-market sale, Equity Shares, weighted average price, Indian Rupee (INR)
4 terms
open-market sale financial
"transaction_action: "open-market sale""
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.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Indian Rupee (INR) financial
"The price is in Indian Rupee (INR)."
FAQ
What insider transaction did Wipro (WIT) disclose for its CFO?
Wipro disclosed that CFO Aparna Chandrasekhar Iyer executed an open-market sale of 75,000 Equity Shares. The transaction occurred on May 4, 2026, and is reported as a non-derivative sale directly held by the executive after completion.
Was the Wipro (WIT) CFO transaction an open-market sale or another type?
The filing classifies the transaction as an open-market sale of non-derivative Equity Shares. It uses transaction code “S,” described as a sale in open market or private transaction, indicating a straightforward share disposition.