Bohra Dipak Kumar 4
Research Summary
AI-generated summary
MakeMyTrip (MMYT) CFO Bohra Dipak Kumar Receives RSU Award
What Happened
- Bohra Dipak Kumar, Chief Financial Officer of MakeMyTrip Ltd (MMYT), was granted 3,906 restricted stock units (RSUs) on 2026-07-01. The award is recorded at $0.00 per unit (derivative award) — no cash changed hands at grant. Of the 3,906 RSUs, 1,953 are performance-based and vest only if specified performance conditions are met.
Key Details
- Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely filing).
- Transaction type/code: Grant/Award (derivative) — reported as "A".
- Grant amount and price: 3,906 RSUs at $0.00 (no immediate cash value realized).
- Vesting/expiration: RSUs scheduled to vest between April 1, 2027 and April 1, 2030; expiration dates range from March 31, 2031 to March 31, 2034, subject to possible extension by the company.
- Performance-based portion: 1,953 RSUs tied to achievement of specific performance-based vesting conditions.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- RSU awards are a form of compensation that convert into ordinary shares upon vesting; they are not open-market purchases and do not represent an immediate cash investment by the insider. Performance-based RSUs depend on future targets being met before converting to shares. Such grants are common for executive compensation and should be viewed as part of pay structure rather than a direct bullish or bearish trade signal.