Iyer Aparna Chandrasekhar 4

What Happened
Aparna Iyer (CFO of Wipro Ltd.) disposed of 75,000 shares in an open-market/private sale on May 4, 2026. The filing reports a weighted-average price of 201.58 INR per share (total proceeds ≈ 15,118,500 INR). The sale was reported on Form 4 filed May 8, 2026. Sales are often routine cashing-out transactions and do not by themselves indicate a change in executive views of the company.

Key Details

• Transaction date: 2026-05-04 (reported on Form 4 filed 2026-05-08).
• Type: Sale (open market / private sale).
• Price reported: weighted-average 201.58 INR; transaction prices ranged from 200.45 INR to 203 INR (per footnote).
• Proceeds: ~15,118,500 INR (75,000 × 201.58 INR).
• Shares owned after transaction: not provided in the excerpt.
• Footnote: Price is denominated in Indian Rupees (INR). The reporting person offers to provide the breakdown of the number of shares sold at each price within the stated range upon request.
• Timeliness: The Form 4 was filed four days after the transaction date; this appears to be later than the usual 2-business-day filing requirement for Form 4s (investors may note the late filing).

Context

• The insider is the company CFO, a named executive officer; such trades are disclosed promptly under SEC rules to provide transparency.
• Sales by officers can reflect many reasons (diversification, personal liquidity, tax planning) and should not be taken alone as a signal about company fundamentals.
• Amounts and prices are reported in INR; convert to your local currency if needed for comparison.