ExlService EVP sells 5,000 company shares

ExlService Holdings, Inc. Executive Vice President Vishal Chhibbar reported selling 5,000 shares of common stock on August 11, 2026 at $35.10 per share in an open-market or private transaction.

Rhea-AI Filing Summary

ExlService Holdings, Inc. Executive Vice President Vishal Chhibbar reported selling 5,000 shares of common stock on August 11, 2026 at $35.10 per share in an open-market or private transaction. Following this sale, he directly holds 6,452 shares of ExlService common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 5,000 shares

Net Sell 1 txn

Insider Chhibbar Vishal

Role Executive Vice President

Sold 5,000 shs ($176K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.001 per share	5,000	$35.10	$176K

Holdings After Transaction: Common Stock, par value $0.001 per share — 6,452 shares (Direct)

Key Figures

Shares sold: 5,000 shares Sale price per share: $35.10 Shares held after sale: 6,452 shares

3 metrics

Shares sold 5,000 shares Common stock sold on August 11, 2026

Sale price per share $35.10 Per-share price for the 5,000 shares sold

Shares held after sale 6,452 shares Direct ownership following the reported transaction

Key Terms

Rule 10b5-1, Form 4, open-market or private transaction

3 terms

Rule 10b5-1 regulatory

"The transaction was not reported as made under a Rule 10b5-1 trading plan."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Form 4 regulatory

"After the reported transaction, Vishal Chhibbar directly holds 6,452 shares as disclosed in the Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

open-market or private transaction financial

"Sale in open market or private transaction"

FAQ

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

What insider transaction did EXLS executive Vishal Chhibbar report?

Vishal Chhibbar reported a sale of 5,000 ExlService (EXLS) common shares on August 11, 2026 at $35.10 per share in an open-market or private transaction.

How many EXLS shares does Vishal Chhibbar hold after this Form 4 sale?

After the reported transaction, Vishal Chhibbar directly holds 6,452 shares of ExlService (EXLS) common stock, as disclosed in the Form 4 filing for the August 11, 2026 sale.

Was the EXLS insider sale by Vishal Chhibbar under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not selected, indicating the 5,000-share sale of ExlService (EXLS) stock was not reported as made under a Rule 10b5-1 trading plan.

What price did EXLS EVP Vishal Chhibbar receive for the sold shares?

The reported sale price was $35.10 per share for the 5,000 ExlService (EXLS) common shares sold on August 11, 2026, with the price disclosed on a per-share basis.

What position does the EXLS insider in this Form 4 hold at the company?

The reporting person, Vishal Chhibbar, is disclosed as an Executive Vice President of ExlService Holdings, Inc. (EXLS), making this a senior management insider transaction.

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

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Available on EDGAR 08/13/2026 - 04:02 PM Accepted by SEC EDGAR 08/13/2026 - 04:01 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chhibbar Vishal

(Last) (First) (Middle)

320 PARK AVENUE, 29TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ExlService Holdings, Inc. [ EXLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	08/11/2026		S		5,000	D	$35.1	6,452	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Mr. Ayyappan is the Company's General Counsel.

	/s/ Ajay Ayyappan, Attorney-in-Fact	08/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)