Iyer Aparna Chandrasekhar 4/A
Research Summary
AI-generated summary
Wipro (WIT) CFO Aparna Iyer Sells 75,000 Shares
What Happened
- Aparna Chandrasekhar Iyer, Chief Financial Officer of Wipro Ltd. (WIT), disposed of 75,000 shares in a sale reported as occurring on May 4, 2026. The transaction is reported at an average price of $2.12 per share, for a total of approximately $159,000. The sale was executed in Indian rupees and is reported here in U.S. dollars.
Key Details
- Transaction date: 2026-05-04
- Transaction type/code: Sale (S) — open market / private sale reported
- Price reported: $2.12 per share (average)
- Total proceeds reported: $159,000
- Currency/exchange: Shares sold in INR; USD amounts based on 94.9 INR = $1 (exchange rate on transaction date). INR prices ranged from 200.45 to 203; the filer can provide breakdown on request. (Footnotes F1–F2)
- Shares owned after transaction: Not stated in this filing
- Filing status: Amended Form 4 filed 2026-05-12 to report amounts in USD; an original Form 4 reporting INR was filed 2026-05-08
Context
- This is a sale (a disposition of shares), which retail investors should treat as a routine insider sale unless other information indicates otherwise. The filing amends the earlier Form 4 to convert INR-denominated prices into USD and discloses the exchange rate and price range; the filer offers to provide the per-trade breakdown if requested.