Form 4 for EXLS ExlService Holdings, Inc.
Accepted 2026-02-23 00:00:00 ET · period of report 2026-02-19 · accession 0001628280-26-010797 · 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 | 2026-02-23 | 2026-02-20 | EXLS | Nicolelli Maurizio | EVP, CFO | F - Tax | $30.41 | -1,659 | 251.0K | -0.7% | -$50.5K |
| D | 2026-02-23 | 2026-02-20 | EXLS | Nicolelli Maurizio | EVP, CFO | M - OptEx | $0.00 | +4,215 | 252.6K | +2% | $0 |
| D | 2026-02-23 | 2026-02-19 | EXLS | Nicolelli Maurizio | EVP, CFO | A - Grant | $0.00 | +27.2K | 27.2K | New | $0 |
| D | 2026-02-23 | 2026-02-20 | EXLS | Nicolelli Maurizio | EVP, CFO | M - OptEx | $0.00 | -4,215 | 12.6K | -25% | $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 | 2026-02-20 | F | D | 1,659 | $30.41 | 250,981 | D | — | — | (F2) Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such restricted stock units were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding. |
| 2 | Common | Common Stock, par value $0.001 per share | 2026-02-20 | M | A | 4,215 | $0.00 | 252,640 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2026-02-19 | A | A | 27,192 | $0.00 | 27,192 | D | — · — to — | 27,192 Common Stock, par value $0.001 per share | (F3) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement. (F4) The restricted stock units will vest in four equal annual installments, beginning on February 19, 2027. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2025 Omnibus Incentive Plan). |
| 4 | Derivative | Restricted Stock Units | 2026-02-20 | M | D | 4,215 | $0.00 | 12,645 | D | — · — to — | 4,215 Common Stock, par value $0.001 per share | (F1) Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis. (F5) On June 17, 2025, the reporting person was granted 16,860 restricted stock units, vesting in four equal annual installments beginning on February 20, 2026. 25 percent of the restricted stock units became vested on February 20, 2026, an additional 25 percent of the restricted stock units will vest on February 20, 2027, an additional 25 percent of the restricted stock units will vest on February 20, 2028, and the remaining balance of 25 percent of the restricted stock units will vest on February 20, 2029. |