Sanghrajka Jayesh 4

What Happened

• Jayesh Sanghrajka, Chief Financial Officer of Infosys Ltd., disposed of 5,191 shares on 2026-05-14. The transaction was reported as a sale following a cashless exercise of vested units. The reported price was ₹1,091.36 per share, for total proceeds of approximately ₹5,665,250 (price and amounts reported in INR).

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-28 (appears later than the typical 2-business-day Form 4 deadline).
• Transaction type: Sale following cashless exercise of vested units (footnote F1).
• Price: ₹1,091.36 per share (footnote F2: price reported in INR).
• Shares sold: 5,191; Reported proceeds: ≈₹5,665,250.
• Footnote F3: Filing notes inclusion of 59,950 shares represented by Equity Share RSUs (includes shares exercised and pending allotment).
• Shares owned after transaction: Not specified in the provided filing.

Context

• This was a cashless exercise and immediate disposition: the insider exercised vested units and sold shares (common for covering exercise costs or tax withholding). Such transactions are often routine and do not by themselves indicate a change in company fundamentals.
• Retail investors should view single insider sales cautiously and consider them alongside other insider activity and company fundamentals.