Sandeep Bakhshi - 18 Mar 2026 Form 3 Insider Report for ICICI BANK LTD (IBN)

Signature
/s/ Vivek Ranjan, as Attorney-in-fact
Issuer symbol
IBN
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 14:31:32 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bakhshi Sandeep Chief Executive Officer, Director ICICI BANK TOWERS, BANDRA-KURLA COMPLEX, MUMBAI, INDIA /s/ Vivek Ranjan, as Attorney-in-fact 18 Mar 2026 0002119583

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IBN Equity Shares, par value Rs. 2 per share 876,300 18 Mar 2026 Direct
holding IBN Equity Shares, par value Rs. 2 per share 2,293 18 Mar 2026 Held through Mona Bakhshi, spouse of Sandeep Bakhshi
holding IBN Equity Shares, par value Rs. 2 per share 40,112 18 Mar 2026 Held through Shivam Bakhshi, son of Sandeep Bakhshi
holding IBN Equity Shares, par value Rs. 2 per share 30,412 18 Mar 2026 Held through Esha Bakhshi, daughter of Sandeep Bakhshi
holding IBN Equity Shares, par value Rs. 2 per share 30,206 18 Mar 2026 Held through Minal Bakhshi, daughter of Sandeep Bakhshi
holding IBN Equity Shares, par value Rs. 2 per share 10 18 Mar 2026 Held through Ashwin Pradhan, son-in-law of Sandeep Bakhshi

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 242,100 $14.67 Direct F1, F2, F3
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 254,100 $12.04 Direct F2, F3, F4
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 299,100 $9.67 Direct F2, F3, F5
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 317,800 $8.09 Direct F2, F3, F6
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 394,850 $6.16 Direct F2, F3, F7
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 427,350 $3.65 Direct F2, F3, F8
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 244,200 $4.35 Direct F2, F3, F9
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 673,750 $2.71 Direct F2, F3, F10
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 913,000 $2.40 Direct F2, F3, F11
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 1,100,000 $2.64 Direct F2, F3, F12
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 673,750 $3.03 Direct F2, F3, F13
holding IBN Stock Option (Right to Buy) 18 Mar 2026 Equity Shares, par value Rs. 2 per share 220,000 $2.56 Direct F2, F3, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A total of 242,100 stock options granted on April 17, 2025 and vesting in three tranches: (i) 72,630 vesting on April 17, 2026 and expiring on April 16, 2031, (ii) 72,630 vesting on April 17, 2027 and expiring on April 16, 2032, and (iii) 96,840 vesting on April 17, 2028 and expiring on April 16, 2033.
F2 Each stock option represents the contingent right to apply for one Equity Share.
F3 The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD at the rate of INR92.47 to US$1.00, the exchange rate set forth int he H.10 statistical release of the Federal Reserve Board on March 13, 2026.
F4 A total of 254,100 stock options granted on April 26, 2024 and vesting in three tranches: (i) 76,230 vested on April 26, 2025 and expiring on April 25, 2030, (ii) 76,230 vesting on April 26, 2026 and lapsing on April 25, 2031, and (iii) 101,640 vesting on April 26, 2027 and expiring on April 25, 2032.
F5 A total of 299,100 stock options granted on April 21, 2023 and vesting in three tranches: (i) 89,730 vested on April 21, 2024 and expiring on April 20, 2029, (ii) 89,730 vested on April 21, 2025 and expiring on April 20, 2030, and (iii) 119,640 vesting on April 21, 2026 and expiring on April 20, 2031.
F6 A total of 317,800 stock options granted on April 23, 2022 and vesting in three tranches: (i) 95,340 vested on April 23, 2023 and expiring on April 22, 2028, (ii) 95,340 vested on April 23, 2024 and expiring on April 22, 2029, and (iii) 127,120 vested on April 23, 2025 and expiring on April 22, 2030.
F7 A total of 394,850 stock options granted on April 24, 2021 and vesting in three tranches: (i) 118,455 vested on April 24, 2022 and expiring on April 23, 2027, (ii) 118,455 vested on April 24, 2023 and expiring on April 23, 2028, and (iii) 157,940 vested on April 24, 2024 and expiring on April 23, 2029.
F8 A total of 610,500 stock options granted on May 9, 2020 and vesting in three tranches: (i) 183,150 vested on May 9, 2021 and expiring on May 8, 2026, which have been fully exercised by the Reporting Person prior to expiration, (ii) 183,150 vested on May 9, 2022 and expiring on May 8, 2027, and (iii) 244,200 vested on May 9, 2023 and expiring on May 8, 2028.
F9 A total of 610,500 stock options granted on May 6, 2019 and vesting in three tranches: (i) 183,150 vested on May 6, 2020 and expired on May 5, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 183,150 vested on May 6, 2021 and expiring on May 5, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iii) 244,200 vested on May 6, 2022 and expiring on May 5, 2027.
F10 A total of 673,750 stock options granted on May 3, 2017 and vesting in three tranches: (i) 202,125 vested on May 3, 2018 and expiring on May 2, 2028, (ii) 202,125 vested on May 3, 2019 and expiring on May 2, 2029, and (iii) 269,500 vested on May 3, 2020 and expiring on May 2, 2030.
F11 A total of 913,000 stock options granted on April 28, 2016 and vesting in three tranches: (i) 273,900 vested on April 28, 2017 and expiring on April 27, 2027, (ii) 273,900 vested on April 28, 2018 and expiring on April 27, 2028, and (iii) 365,200 vested on April 28, 2019 and expiring on April 27, 2029.
F12 A total of 1,100,000 stock options granted on September 16, 2015 and vesting in two tranches: (i) 550,000 vested on April 30, 2018 and expiring on April 29, 2028 and (ii) 550,000 vested on April 30, 2019 and expiring on April 29, 2029.
F13 A total of 962,500 stock options granted on April 27, 2015 and vesting in three tranches: (i) 288,750 vested on April 27, 2016 and expiring on April 26, 2026, which have been fully exercised by the Reporting Person prior to expiration, (ii) 288,750 vested on April 27, 2017 and expiring on April 26, 2027, and (iii) 385,000 vested on April 27, 2018 and expiring on April 26, 2028.
F14 A total of 962,500 stock options granted on April 25, 2014 and vesting in three tranches: (i) 288,750 vested on April 25, 2015 and expired on April 24, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 288,750 vested on April 25, 2016 and expiring on April 24, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iii) 385,000 vested on April 25, 2017 and expiring on April 24, 2027, 165,000 of which have been exercised by the Reporting Person prior to expiration.

Remarks:

Exhibit 24.1. See power of attorney attached