ExlService (NASDAQ: EXLS) president granted 45,324 RSUs and settles taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ExlService Holdings president Vivek Jetley reported several equity compensation transactions. On February 19, 2026, he received a grant of 45,324 restricted stock units (RSUs), each representing a contingent right to one share of common stock, vesting in four equal annual installments beginning on February 19, 2027, with certain accelerated vesting on specified termination events or a Change in Control.
On February 20, 2026, 6,849 RSUs were converted into the same number of common shares at no cost, and 3,788 shares of common stock were disposed of at $30.4100 per share to satisfy tax withholding obligations. After these transactions, he held 421,893 shares of ExlService common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,849 shares exercised/converted
Mixed
4 txns
Insider
Jetley Vivek
Role
President of EXL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,849 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 6,849 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 3,788 | $30.41 | $115K |
| Grant/Award | Restricted Stock Units | 45,324 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,547 shares (Direct);
Common Stock, par value $0.001 per share — 425,681 shares (Direct)
Footnotes (1)
- 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. 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. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement. 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). On June 17, 2025, the reporting person was granted 27,396 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.
FAQ
What insider transactions did EXLS executive Vivek Jetley report?
Vivek Jetley reported an equity grant and related share movements. He received 45,324 restricted stock units, had 6,849 RSUs convert into common stock, and 3,788 shares were withheld and disposed of to cover tax obligations tied to the equity compensation.
How many restricted stock units were granted to EXLS president Vivek Jetley?
He was granted 45,324 restricted stock units. Each RSU represents a contingent right to receive one share of ExlService common stock, vesting in four equal annual installments starting February 19, 2027, with potential acceleration upon certain terminations or a qualifying Change in Control event.
When do Vivek Jetley’s new EXLS restricted stock units vest?
The 45,324 restricted stock units vest in four equal annual installments beginning February 19, 2027. The filing also notes vesting can accelerate upon specified termination-of-employment events and upon a Change in Control as defined in ExlService’s 2025 Omnibus Incentive Plan.