Mathew Shaji 4

What Happened

• Mathew Shaji, Chief Human Resources Officer at Infosys Ltd (INFY), was granted 1,830 shares as a derivative award on 2026-03-31. The filing shows an acquisition at $0.00 per share (total reported value $0), indicating a compensatory award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-05-07 (filed after the typical 2-business-day Form 4 window).
• Transaction type/code: A = Award/Grant (derivative).
• Shares involved: 1,830 shares acquired at $0.00 per share (total $0 reported).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 indicates the exercise price is denominated in Indian Rupees (INR).
• Filing timeliness: The report was submitted ~37 days after the transaction date, which is later than the normal SEC Form 4 filing timeframe.

Context

• Derivative awards like this are typically compensation (e.g., RSUs or similar) and do not reflect an open-market purchase or sale decision. They increase insider holdings if/when vested but do not alone signal buy/sell intent.
• Because this was a grant at $0.00, there was no cash outlay by the insider at grant; subsequent vesting, withholding, or sales would be reported separately.