WIT WIPRO LTD Insider Trading

CEO Pallia Srinivas sold 420,707 shares in 2 transactions for $800,495.86; holdings fell 32.0%

Pallia Srinivas, CEO of Wipro, executed two separate sales totaling 420,707 shares for $800,495.86 at prices of $1.98 and $1.82, reducing his holdings from 1,314,512 shares to 893,805 shares. This 32.0% reduction in his equity stake occurred while the stock traded 37.1% below its 52-week high of $3.13 and has declined 12.0% over the past 90 days. The scale of the CEO's equity reduction is material in absolute terms and represents a substantial shift in his direct ownership position in a $20.6B market-cap company.

CFO Iyer Aparna Chandrasekhar sells 75,000 WIT shares for ~$15.1M, divesting majority of position as stock hits 52-week lows.

CFO Iyer Aparna Chandrasekhar sold a substantial portion of her holdings—75,000 shares representing roughly 61% of her position—on a single day in May. The timing coincides with the stock trading at its lowest point in the past year, having declined significantly over the preceding three months. This sale occurred at a transaction price substantially higher than where the stock trades today, suggesting the market has moved sharply downward since the transaction closed. The CFO has no prior Form 4 open-market activity on record, making this her first reported sale of this magnitude. The company maintains a substantial market presence, though this divestiture by a senior finance executive represents material reduction in her equity stake during a period of price weakness.