EXLS insider files Form 144 citing share vesting

EXLS reported a proposed sale of common stock on a Form 144 tied to restricted stock vesting, including 1,049 shares vesting on 02/15/2026 and 1,226 shares vesting on 02/16/2026.

Rhea-AI Filing Summary

EXLS reported a proposed sale of common stock on a Form 144 tied to restricted stock vesting, including 1,049 shares vesting on 02/15/2026 and 1,226 shares vesting on 02/16/2026. The filing also lists a prior sale of 8,114 shares on 01/27/2026 for $345,088.42.

Insights

Insider Transactions Analyst

Form 144 shows scheduled vesting and a recent insider sale; transaction sizes are modest relative to typical float.

The filing lists scheduled restricted stock vesting of 1,049 shares on 02/15/2026 and 1,226 shares on 02/16/2026

It also reports a sale of 8,114 shares on 01/27/2026 for $345,088.42. The brokerage listed is Fidelity Brokerage Services LLC. Timing and method for any proposed sales are governed by Rule 144 procedures in the filing.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does EXLS's Form 144 disclose about share vesting and proposed sales?

Direct answer: It discloses restricted stock vesting of 1,049 shares on 02/15/2026 and 1,226 shares on 02/16/2026. Context: The filing signals potential future sales tied to those vesting events under Rule 144 procedures.

How many shares did an EXLS insider sell recently and for how much?

Direct answer: An insider sold 8,114 shares on 01/27/2026 for $345,088.42. Context: That prior sale is listed in the filing and provides concrete recent disposition data from the reporting person.

Which broker is associated with the EXLS transactions in the filing?

Direct answer: The filing lists Fidelity Brokerage Services LLC with an address in Smithfield, RI. Context: This identifies the executing brokerage for the reported transactions but does not specify exact sale mechanics in the excerpt.

Does the Form 144 indicate timing for when vested shares will be sold?

Direct answer: The filing notes vesting dates of 02/15/2026 and 02/16/2026 for specified share lots. Context: These dates show when restricted shares vested; the excerpt does not state the specific sale dates for any proposed future dispositions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/18/2026 - 10:29 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001762098
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ExlService Holdings, Inc.
SEC File Number	001-33089
Address of Issuer	320 PARK AVENUE 29TH FLOOR NEW YORK NEW YORK 10022
Phone	(212) 277-7100
Name of Person for Whose Account the Securities are To Be Sold	AYYAPPAN AJAY
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2275	68978.00	158700885	02/18/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/15/2026	Restricted Stock Vesting	Issuer			1049	02/15/2026	Compensation
Common	02/16/2026	Restricted Stock Vesting	Issuer			1226	02/16/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Ajay Ayyappan 320 Park Avenue 29th Floor New York NY 10022	Common	01/27/2026	8114	345088.42

144: Remarks and Signature

Remarks
Date of Notice	02/18/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/11/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Gary Redman, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Ajay Ayyappan
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)