Form 4 for EXLS ExlService Holdings, Inc.
Accepted 2026-01-23 00:00:00 ET · period of report 2026-01-21 · accession 0001628280-26-003326 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-23 | 2026-01-21 | EXLS | AYYAPPAN AJAY | EVP, Gen Counsel, Corp. Sec'y | M - OptEx | $41.64 | +5,093 | 52.6K | +11% | +$212.1K |
| D | 2026-01-23 | 2026-01-21 | EXLS | AYYAPPAN AJAY | EVP, Gen Counsel, Corp. Sec'y | M - OptEx | $0.00 | -6,670 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2026-01-21 | M | A | 5,093 | $41.64 | 52,613 | D | — | — | (F1) Represents the shares of common stock of ExlService Holdings, Inc. (the "Company") issued in respect of the reporting person's restricted stock units that vested as of March 31, 2024, but which were settled as of January 21, 2026. Due to administrative delay in settlement, the number of shares of common stock issued to the reporting person was reduced based on applicable U.S. tax rules and regulations. |
| 2 | Derivative | Restricted Stock Units | 2026-01-21 | M | D | 6,670 | $0.00 | 0 | D | — · — to — | 6,670 Common Stock, par value $0.001 per share | (F2) Represents restricted stock units received under a share matching plan in connection with the officer's purchase of common stock, par value $0.001 per share of ExlService Holdings, Inc. (F3) On March 31, 2022, the reporting person was granted 20,025 restricted stock units, after adjustment for the 5-for-1 forward stock split, effective August 1, 2023, vesting in two installment installments beginning on the second anniversary of the grant date. 33% of the restricted stock units became vested on March 31, 2024, and the remaining balance of 67% of the restricted stock units became vested on March 31, 2025. This transaction represents the settlement, as of January 21, 2026, of the shares that vested in 2024. |