Kabra Mohit 4

What Happened
Mohit Kabra, Chief Operating Officer of MakeMyTrip Ltd (MMYT), was granted a total of 27,146 restricted stock units (RSUs) on July 1, 2026 (26,358 RSUs + 788 RSUs). The filing reports these as derivative awards with an acquisition price of $0 (typical for RSU grants — no cash paid). These are awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-07-01; filing date (report): 2026-07-02 (timely filing).
• Grant details: 26,358 RSUs (footnote F1) and 788 RSUs (footnote F2); total = 27,146 RSUs.
• Price/value reported: $0 acquisition price in the filing (standard for RSU awards).
• Vesting/expiration (from footnotes):
  • F1: RSUs scheduled to vest between April 1, 2027 and April 1, 2030; expiration dates range from March 31, 2031 to March 31, 2034; includes 13,179 performance-based RSUs (subject to achievement of performance conditions).
  • F2: Performance-based RSUs (the 788) scheduled to vest on September 30, 2026 with expiration date May 31, 2030. Both footnotes note expiration/vesting subject to possible extension at the company’s discretion.
• Shares owned after transaction: not specified in the provided excerpt.
• Transaction code: A = Award/Grant (derivative security).

Context
RSU grants are a form of compensation and retention incentive; they do not represent immediate share ownership until they vest and convert into ordinary shares. Performance-based RSUs vest only if specified company/individual performance targets are met. Because this is a grant (not a market buy or sale), it should be read as compensation-related activity rather than a direct signal of buying or selling by the insider.