Rohit Kapoor - 19 Feb 2026 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Signature
/s/ Ajay Ayyappan, Attorney-in-Fact
Issuer symbol
EXLS
Transactions as of
19 Feb 2026
Net transactions value
$0
Form type
4
Filing time
23 Feb 2026, 18:52:03 UTC
Previous filing
19 Feb 2026
Next filing
03 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kapoor Rohit Chairman & CEO, Director 320 PARK AVENUE, 29TH FLOOR, NEW YORK /s/ Ajay Ayyappan, Attorney-in-Fact 23 Feb 2026 0001373630

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +24,236 +1.9% $0.000000 1,288,689 20 Feb 2026 Direct F6, F7
holding EXLS Common Stock, par value $0.001 per share 885,670 19 Feb 2026 See Footnote F1
holding EXLS Common Stock, par value $0.001 per share 420,000 19 Feb 2026 See Footnote F2
holding EXLS Common Stock, par value $0.001 per share 420,000 19 Feb 2026 See Footnote F3
holding EXLS Common Stock, par value $0.001 per share 665,925 19 Feb 2026 See Footnote F4
holding EXLS Common Stock, par value $0.001 per share 201,095 19 Feb 2026 See footnote F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXLS Restricted Stock Units Award $0 +158,628 $0.000000 158,628 19 Feb 2026 Common Stock, par value $0.001 per share 158,628 Direct F8, F9
transaction EXLS Restricted Stock Units Options Exercise $0 -24,236 -25% $0.000000 72,708 20 Feb 2026 Common Stock, par value $0.001 per share 24,236 Direct F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
F2 Owned by the Rohit Kapoor Spousal Lifetime Access Trust.
F3 Owned by the Shikha Kapoor 2005 Family Trust.
F4 Owned by the Rohit Kapoor 2016 Family Trust
F5 Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
F6 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.
F7 Owned by Rohit Kapoor.
F8 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
F9 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).
F10 On June 17, 2025, the reporting person was granted 96,944 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.

Remarks:

On February 19, 2026, the reporting person was also granted performance-based restricted stock units that are subject to material conditions beyond the reporting person's control, and, therefore, are not considered derivative securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and are excluded from this report. Remarks: Mr. Ayyappan is the Company's General Counsel.