Parekh Salil S. 4

What Happened

• Salil S. Parekh, CEO & Managing Director (and director) of Infosys Ltd (INFY), received stock awards (derivative securities) on May 2, 2026. The filing shows three grant items totaling 287,032 shares: 230,621; 13,273; and 43,138 shares. Each award is reported at $0.00 (no cash purchase price) and treated as an acquisition via award (transaction code A). The Form 4 lists the exercise/price information in Indian rupees (see footnote).

Key Details

• Transaction date: 2026-05-02; Form 4 filed: 2026-05-07 (reported after the transaction date).
• Award breakdown: 230,621 shares @ $0.00; 13,273 shares @ $0.00; 43,138 shares @ $0.00 — total 287,032 shares.
• Shares owned following transaction: not specified in the provided filing excerpt.
• Footnote: F1 indicates the exercise/price denomination is Indian Rupee (INR).
• Filing timeliness: Form filed May 7 for a May 2 transaction — appears to be reported after the typical 2-business-day deadline.

Context

• Transaction code A = award/grant of derivative securities (most commonly restricted stock units or performance share awards). These are compensation awards, usually subject to vesting conditions and not an open-market purchase; they do not indicate an immediate cash outlay or sale. For retail investors, grants signal company compensation decisions but do not by themselves indicate immediate insider buying or selling.