Vikas Bhalla - 26 Jan 2026 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Jan 2026, 17:10:15 UTC
Prior SEC filing
23 Jan 2026
Next SEC filing
19 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ajay Ayyappan, Attorney-in-Fact
Filing notes and source

Key filing fact

Vikas Bhalla filed Form 4 for ExlService Holdings, Inc. (EXLS) on 28 Jan 2026.

Key facts

  • This page summarizes Vikas Bhalla's Form 4 filing for ExlService Holdings, Inc. (EXLS).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 28 Jan 2026, 17:10.

Change

  • Previous filing in this sequence was filed on 23 Jan 2026.
  • Current net transaction value: -$591,673.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001373633 Primary reporting owner

Bhalla Vikas

Relationship
President of EXL
Address
320 PARK AVENUE, 29TH FLOOR, NEW YORK
Signature
/s/ Ajay Ayyappan, Attorney-in-Fact
Signature date
28 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EXLS transaction

Common Stock, par value $0.001 per share

Award

Transaction value
$0
Shares
+12,265
Change %
+9.6%
Price
$0.000000
Shares after
139,840
Date
26 Jan 2026
Ownership
Direct
Footnotes
F1
EXLS transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$203,990
Shares
-4,784
Change %
-3.4%
Price
$42.64
Shares after
135,056
Date
26 Jan 2026
Ownership
Direct
Footnotes
F1, F2
EXLS transaction

Common Stock, par value $0.001 per share

Award

Transaction value
$0
Shares
+23,312
Change %
+17%
Price
$0.000000
Shares after
158,368
Date
26 Jan 2026
Ownership
Direct
Footnotes
F1
EXLS transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$387,683
Shares
-9,092
Change %
-5.7%
Price
$42.64
Shares after
149,276
Date
26 Jan 2026
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 15, 2023. Such shares of Common Stock were deemed earned on January 26, 2026, based on the Compensation and Talent Management Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2025.

Footnote F2

Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such PRSUs 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.

SEC remarks

Mr. Ayyappan is the Company's General Counsel.

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