EXL (EXLS) CEO Rohit Kapoor converts 57,575 RSUs to common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ExlService Holdings, Inc. Chairman and CEO Rohit Kapoor reported the conversion of restricted stock units into common stock. On February 17, 2026, he exercised RSUs covering 26,120 and 31,455 units at a price of $0.0000 per share, receiving an equal number of common shares on a one-for-one basis.
Following these conversions, Kapoor directly held 1,264,453 shares of common stock. The filing also lists additional indirect holdings, including shares owned by several Kapoor family trusts, as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
57,575 shares exercised/converted
Mixed
9 txns
Insider
Kapoor Rohit
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,120 | $0.00 | -- |
| Exercise | Restricted Stock Units | 31,455 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 31,455 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 26,120 | $0.00 | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 26,120 shares (Direct);
Common Stock, par value $0.001 per share — 1,238,333 shares (Direct);
Common Stock, par value $0.001 per share — 885,670 shares (Indirect, See Footnote)
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. Owned by Rohit Kapoor. Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT. Owned by the Rohit Kapoor Spousal Lifetime Access Trust. Owned by the Shikha Kapoor 2005 Family Trust. Owned by the Rohit Kapoor 2016 Family Trust Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT. On February 15, 2023, the reporting person was granted 20,896 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 15, 2024, an additional twenty-five percent of the restricted stock units became vested on February 15, 2025, an additional twenty-five percent of the restricted stock units became vested on February 15, 2026, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 15, 2027. On February 16, 2022, the reporting person was granted 25,164 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 16, 2023, an additional twenty-five percent of the restricted stock units became vested on February 16, 2024, an additional twenty-five percent of the restricted stock units became vested on February 16, 2025, and the remaining balance of twenty-five percent of the restricted stock units became vested on February 16, 2026.
FAQ
What insider transaction did EXLS CEO Rohit Kapoor report on this Form 4?
Rohit Kapoor reported converting restricted stock units into common stock. On February 17, 2026, he exercised 26,120 and 31,455 RSUs at $0.0000 per share, receiving the same number of ExlService Holdings common shares on a one-for-one basis.
What is Rohit Kapoor’s direct common stock ownership in EXLS after these transactions?
After the reported RSU conversions, Rohit Kapoor directly held 1,264,453 shares of ExlService Holdings common stock. This figure reflects his direct ownership only, separate from additional indirect holdings through various Kapoor family trusts noted in the footnotes.
Were there any open-market buys or sells by EXLS CEO Rohit Kapoor in this Form 4?
The Form 4 does not show open-market purchases or sales. It reports derivative exercises coded “M,” where restricted stock units were converted into ExlService Holdings common stock at $0.0000 per share, reflecting equity compensation rather than trading activity.
How do the EXLS RSU conversion terms work for Rohit Kapoor’s awards?
The RSUs convert into ExlService Holdings common stock on a one-for-one basis. Footnotes describe grants from 2022 and 2023 that vest in four equal annual installments, with specified portions becoming vested on February 15 or 16 of each year through 2027.