HDFC Bank Officer Vinayak Mavinkurve Form 3 Filing - Stock Option Holdings

This Form 3 filing discloses the initial beneficial ownership of HDFC Bank Limited (HDB) securities by Vinayak Mavinkurve, Group Head-Realty Business. The filing, submitted on April 7, 2026, reveals Mavinkurve holds 348,768 equity shares directly and 1,230 shares indirectly through his mother-in-law. Additionally, he holds extensive employee stock options totaling 1,022,422 underlying shares across multiple grant dates with exercise prices ranging from $5.92 to $10.63 per share. The options have various vesting schedules extending through 2029 and expiration dates through 2033. The filing includes a Power of Attorney authorizing bank officials to handle SEC filings on Mavinkurve's behalf. The filing was submitted late due to administrative delays in obtaining EDGAR credentials.