Iyer Aparna Chandrasekhar 4

What Happened Aparna Chandrasekhar Iyer, Chief Financial Officer of Wipro Ltd (WIT), sold 45,000 shares on May 19, 2026 in an open market/private sale (transaction code S). The filing reports an average price of $2.00 per share (USD), for a total reported value of $90,000. This was a sale (disposition), not a purchase.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (filed promptly, within required reporting window).
• Shares sold: 45,000; reported price: $2.00 per share (USD); total reported value: $90,000.
• Footnote: sale was executed in Indian Rupees at an average INR 192.4 per share; USD amounts use an exchange rate of 96.345 INR per USD on the transaction date (Footnote F1).
• Shares owned after transaction: not disclosed in this filing.
• No 10b5-1 trading plan, tax-withholding, or other special conditions were disclosed in the filing.

Context Insider sales can be routine (e.g., diversification, tax or personal liquidity needs) and do not by themselves indicate a change in company prospects. The reported sale is modest in absolute dollar terms (~$90k), and the filing shows a straight sale of existing shares rather than an exercise of options or a grant.