Exlservice Hldgs SEC Filings

ExlService Holdings, Inc. reported equity awards for its President, Vikas Bhalla, tied to performance-based incentives. On January 26, 2026, he acquired 12,265 and 23,312 shares of common stock at $0 per share, earned from performance restricted stock units granted on February 15, 2023.

On the same date, 4,784 and 9,092 shares were withheld at $42.64 per share to cover tax obligations under the company’s 2018 Omnibus Incentive Plan. After these transactions, he directly held 149,276 shares of common stock.

ExlService Holdings Executive Vice President & CFO Maurizio Nicolelli reported equity award vesting and related tax share withholding. On January 26, 2026, he acquired 11,458 and 21,774 shares of common stock at $0 per share upon performance restricted stock units granted on February 15, 2023 being earned after achievement of performance targets for the period ending December 31, 2025. To cover tax obligations, 4,509 and 8,569 shares were withheld at $42.64 per share, calculated under the company’s 2018 Omnibus Incentive Plan using the prior day’s Nasdaq Global Select Market closing price. After these transactions, he directly owned 242,989 shares of ExlService Holdings common stock.

ExlService Holdings President Vivek Jetley reported equity awards linked to performance stock units. On January 26, 2026 he acquired 12,265 shares and 23,312 shares of common stock at $0 per share as performance restricted stock units granted on February 15, 2023 vested after meeting performance targets for the period ending December 31, 2025.

To cover taxes, 6,783 shares and 12,892 shares were withheld at $42.64 per share, based on the plan’s use of the prior day’s closing price for tax reporting and withholding. After these transactions, he directly owned 414,609 shares of ExlService common stock.

ExlService Holdings EVP & General Counsel Ajay Ayyappan reported equity award vesting and related share sales. On January 26, 2026, he acquired 6,957 and 13,216 shares of common stock at $0 per share when performance-based restricted stock units granted on February 15, 2023 were deemed earned after performance targets through December 31, 2025 were certified.

On the same date, 3,848 and 7,309 shares were withheld at $42.64 per share under the company’s 2018 Omnibus Incentive Plan for tax reporting and withholding. On January 27, 2026, he sold 5,316 and 2,798 shares of common stock at $42.53 per share in open-market transactions made under a pre-established Rule 10b5-1 trading plan entered into on August 11, 2025.

ExlService Holdings filed a notice that a holder plans to sell 8,114 shares of its common stock. The shares have an indicated aggregate market value of $345,088.42 and are expected to be sold on the Nasdaq around 01/27/2026 through Fidelity Brokerage Services LLC. The filing states that these shares were acquired on 01/26/2026 through restricted stock vesting from the issuer as compensation. The filer represents that they are not aware of any undisclosed material adverse information about the company.

ExlService Holdings Executive Vice President Narasimha Kini reported the settlement of previously granted equity awards. On January 21, 2026, 6,960 restricted stock units were settled into 5,315 shares of ExlService common stock at a stated price of $41.64 per share, increasing his directly held common stock to 190,973 shares. These shares relate to restricted stock units that vested on March 31, 2024 but were not settled until January 21, 2026; the share amount was reduced under applicable U.S. tax rules and regulations. The RSUs stem from a March 31, 2022 grant of 20,885 units (after a 5-for-1 stock split), vesting 33% on March 31, 2024 and 67% on March 31, 2025, and were issued under a share matching plan tied to Kini’s purchase of company stock.

ExlService Holdings president Vivek Jetley reported the settlement of previously granted equity awards. On January 21, 2026, 6,960 restricted stock units were converted (transaction code M) into 5,315 shares of ExlService common stock at a reference price of $41.64 per share. These awards had vested as of March 31, 2024, but their settlement was delayed and the number of shares delivered was reduced under applicable U.S. tax rules.

After this transaction, Jetley directly beneficially owned 398,707 shares of ExlService common stock. The reporting also notes that the restricted stock units were originally received under a share matching plan connected to his purchase of ExlService common stock.

ExlService Holdings, Inc. President Vikas Bhalla reported an equity transaction involving vested restricted stock units and related share withholding for taxes. On January 21, 2026, 6,960 restricted stock units were settled, resulting in the issuance of 6,795 shares of common stock at a stated price of $41.64 per share. The footnotes explain that these units had vested as of March 31, 2024, but were not settled until 2026, and that the number of shares delivered was reduced under applicable U.S. tax rules.

On the same date, 2,465 shares of common stock were reported with transaction code "F", indicating shares withheld to cover taxes at a price of $41.64 per share. After these transactions, Bhalla directly owned 127,575 shares of ExlService common stock.

ExlService Holdings Executive Vice President & CFO Maurizio Nicolelli reported the settlement of previously vested equity awards. On January 21, 2026, 6,960 restricted stock units that had vested as of March 31, 2024 were converted into 5,315 shares of common stock at a reference price of $41.64 per share, with the share amount reduced under U.S. tax rules due to an administrative delay in settlement. These awards stem from a March 31, 2022 grant of 20,885 restricted stock units under a share matching plan, vesting 33% on March 31, 2024 and 67% on March 31, 2025. Following this transaction, Nicolelli directly beneficially owned 222,835 shares of ExlService common stock.