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[Form 4] ExlService Holdings, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 filed for ExlService Holdings, Inc. (EXLS) discloses that director Thomas A. Bartlett received 4,981 Restricted Stock Units (RSUs) on 06/17/2025 under the company’s 2025 Omnibus Incentive Plan. These RSUs convert to one common share each upon settlement and carry a $0 acquisition price. Vesting occurs on the earlier of (i) the first anniversary of grant, (ii) the end of the director’s current board term if not re-elected, or (iii) a defined Change in Control. Following the award, Bartlett holds 14,014 derivative securities linked to EXLS common stock, all held directly. No shares were sold or transferred, and no non-derivative transactions were reported.

The filing represents a routine equity compensation grant designed to align director incentives with shareholder interests; it does not involve cash outflows or signal changes to the company’s operating outlook.

Il modulo 4 presentato per ExlService Holdings, Inc. (EXLS) rivela che il direttore Thomas A. Bartlett ha ricevuto 4.981 Unità Azionarie Vincolate (RSU) il 17/06/2025 nell'ambito del Piano Incentivi Omnibus 2025 della società. Queste RSU si convertono in una azione ordinaria ciascuna al momento della liquidazione e hanno un prezzo di acquisizione pari a 0$. La maturazione avviene al primo tra (i) il primo anniversario della concessione, (ii) la fine del mandato corrente del direttore se non viene rieletto, o (iii) un cambiamento definito nel controllo della società. Dopo l'assegnazione, Bartlett detiene 14.014 strumenti derivati legati alle azioni ordinarie EXLS, tutti detenuti direttamente. Non sono state vendute o trasferite azioni, né sono state riportate transazioni non derivate.

La comunicazione rappresenta una normale concessione di compensi in azioni, finalizzata ad allineare gli incentivi del direttore con gli interessi degli azionisti; non comporta uscite di cassa né segnala cambiamenti nelle prospettive operative della società.

El formulario 4 presentado para ExlService Holdings, Inc. (EXLS) revela que el director Thomas A. Bartlett °ù±ð³¦¾±²ú¾±Ã³ 4.981 Unidades de Acciones Restringidas (RSU) el 17/06/2025 bajo el Plan de Incentivos Omnibus 2025 de la compañía. Estas RSU se convierten en una acción común cada una al momento de la liquidación y tienen un precio de adquisición de $0. La consolidación ocurre en el primero de los siguientes eventos: (i) el primer aniversario de la concesión, (ii) el fin del mandato actual del director si no es reelegido, o (iii) un Cambio de Control definido. Tras la adjudicación, Bartlett posee 14.014 valores derivados vinculados a las acciones comunes de EXLS, todos mantenidos directamente. No se vendieron ni transfirieron acciones, y no se reportaron transacciones no derivadas.

La presentación representa una concesión rutinaria de compensación en acciones diseñada para alinear los incentivos del director con los intereses de los accionistas; no implica salidas de efectivo ni indica cambios en las perspectivas operativas de la compañía.

ExlService Holdings, Inc. (EXLS)ì—� 대í•� 제출ë� Form 4ëŠ� ì´ì‚¬ Thomas A. Bartlettê°€ 2025ë…� 6ì›� 17ì� 회사ì� 2025ë…� 종합 ì¸ì„¼í‹°ë¸Œ 플랜ì—� ë”°ë¼ 4,981ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 공개합니ë‹�. ì� RSUëŠ� ì •ì‚° ì‹� ê°ê° 보통ì£� 1주로 전환ë˜ë©° ì·¨ë“ ê°€ê²©ì€ 0달러입니ë‹�. ë² ìŠ¤íŒ…ì€ (i) 부여ì¼ë¡œë¶€í„� 1주년, (ii) 재선ë˜ì§€ ì•Šì„ ê²½ìš° 현재 ì´ì‚¬íš� 임기 종료 ì‹�, ë˜ëŠ” (iii) ì •ì˜ë� ê²½ì˜ê¶� ë³€ê²� ì‹œì  ì¤� 빠른 시ì ì—� ë°œìƒí•©ë‹ˆë‹�. 수여 í›� BartlettëŠ� EXLS 보통주와 연계ë� 14,014ê°œì˜ íŒŒìƒ ì¦ê¶Œì� ì§ì ‘ 보유하고 있습니다. 주ì‹ì€ ë§¤ë„ ë˜ëŠ” ì´ì „ë˜ì§€ 않았으며 비파ìƒ� 거래ë� ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ì´ë²ˆ ì œì¶œì€ ì´ì‚¬ì� ì¸ì„¼í‹°ë¸Œë¥� 주주 ì´ìµê³� ì¼ì¹˜ì‹œí‚¤ê¸� 위해 설계ë� ì¼ìƒì ì¸ ì£¼ì‹ ë³´ìƒ ë¶€ì—¬ë¡œ, 현금 유출ì� 없으ë©� 회사ì� ìš´ì˜ ì „ë§ ë³€ê²½ì„ ì˜ë¯¸í•˜ì§€ 않습니다.

Le formulaire 4 déposé pour ExlService Holdings, Inc. (EXLS) révèle que le directeur Thomas A. Bartlett a reçu 4 981 unités d’actions restreintes (RSU) le 17/06/2025 dans le cadre du Plan d’Incitation Omnibus 2025 de la société. Ces RSU se convertissent chacune en une action ordinaire lors du règlement et ont un prix d’acquisition de 0 $. La période d’acquisition intervient au plus tôt entre (i) le premier anniversaire de l’attribution, (ii) la fin du mandat actuel du directeur s’il n’est pas réélu, ou (iii) un changement de contrôle défini. Après cette attribution, Bartlett détient 14 014 titres dérivés liés aux actions ordinaires EXLS, tous détenus directement. Aucune action n’a été vendue ou transférée, et aucune transaction non dérivée n’a été rapportée.

Ce dépôt représente une attribution de rémunération en actions de routine visant à aligner les incitations du directeur avec les intérêts des actionnaires ; il n’implique aucune sortie de trésorerie ni ne signale de changement dans les perspectives opérationnelles de la société.

Das für ExlService Holdings, Inc. (EXLS) eingereichte Formular 4 offenbart, dass der Direktor Thomas A. Bartlett am 17.06.2025 4.981 Restricted Stock Units (RSUs) im Rahmen des Omnibus Incentive Plans 2025 des Unternehmens erhalten hat. Diese RSUs werden bei Abrechnung jeweils in eine Stammaktie umgewandelt und haben einen Erwerbspreis von 0 $. Die Vesting erfolgt zum frühesten Zeitpunkt von (i) dem ersten Jahrestag der Gewährung, (ii) dem Ende der aktuellen Amtszeit des Direktors, falls er nicht wiedergewählt wird, oder (iii) einer definierten Kontrollwechsel-Situation. Nach der Zuteilung hält Bartlett 14.014 derivative Wertpapiere, die mit EXLS-Stammaktien verbunden sind, alle direkt gehalten. Es wurden keine Aktien verkauft oder übertragen, und es wurden keine nicht-derivativen Transaktionen gemeldet.

Die Einreichung stellt eine routinemäßige Aktienvergütung dar, die darauf abzielt, die Anreize des Direktors mit den Interessen der Aktionäre in Einklang zu bringen; sie verursacht keine Geldabflüsse und signalisiert keine Änderungen der operativen Prognose des Unternehmens.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU grant to director; neutral impact on valuation or liquidity.

The 4,981-unit RSU award to Director Bartlett is a standard annual equity grant under EXLS’s incentive plan. There is no share sale, dilution is de minimis (less than 0.02% of 2024 basic shares), and vesting is service-based or triggered by change-in-control. The transaction modestly increases insider alignment but has no material impact on earnings, cash flow, or governance structure. Investors can view the event as neutral for valuation purposes.

Il modulo 4 presentato per ExlService Holdings, Inc. (EXLS) rivela che il direttore Thomas A. Bartlett ha ricevuto 4.981 Unità Azionarie Vincolate (RSU) il 17/06/2025 nell'ambito del Piano Incentivi Omnibus 2025 della società. Queste RSU si convertono in una azione ordinaria ciascuna al momento della liquidazione e hanno un prezzo di acquisizione pari a 0$. La maturazione avviene al primo tra (i) il primo anniversario della concessione, (ii) la fine del mandato corrente del direttore se non viene rieletto, o (iii) un cambiamento definito nel controllo della società. Dopo l'assegnazione, Bartlett detiene 14.014 strumenti derivati legati alle azioni ordinarie EXLS, tutti detenuti direttamente. Non sono state vendute o trasferite azioni, né sono state riportate transazioni non derivate.

La comunicazione rappresenta una normale concessione di compensi in azioni, finalizzata ad allineare gli incentivi del direttore con gli interessi degli azionisti; non comporta uscite di cassa né segnala cambiamenti nelle prospettive operative della società.

El formulario 4 presentado para ExlService Holdings, Inc. (EXLS) revela que el director Thomas A. Bartlett °ù±ð³¦¾±²ú¾±Ã³ 4.981 Unidades de Acciones Restringidas (RSU) el 17/06/2025 bajo el Plan de Incentivos Omnibus 2025 de la compañía. Estas RSU se convierten en una acción común cada una al momento de la liquidación y tienen un precio de adquisición de $0. La consolidación ocurre en el primero de los siguientes eventos: (i) el primer aniversario de la concesión, (ii) el fin del mandato actual del director si no es reelegido, o (iii) un Cambio de Control definido. Tras la adjudicación, Bartlett posee 14.014 valores derivados vinculados a las acciones comunes de EXLS, todos mantenidos directamente. No se vendieron ni transfirieron acciones, y no se reportaron transacciones no derivadas.

La presentación representa una concesión rutinaria de compensación en acciones diseñada para alinear los incentivos del director con los intereses de los accionistas; no implica salidas de efectivo ni indica cambios en las perspectivas operativas de la compañía.

ExlService Holdings, Inc. (EXLS)ì—� 대í•� 제출ë� Form 4ëŠ� ì´ì‚¬ Thomas A. Bartlettê°€ 2025ë…� 6ì›� 17ì� 회사ì� 2025ë…� 종합 ì¸ì„¼í‹°ë¸Œ 플랜ì—� ë”°ë¼ 4,981ê°œì˜ ì œí•œ ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 공개합니ë‹�. ì� RSUëŠ� ì •ì‚° ì‹� ê°ê° 보통ì£� 1주로 전환ë˜ë©° ì·¨ë“ ê°€ê²©ì€ 0달러입니ë‹�. ë² ìŠ¤íŒ…ì€ (i) 부여ì¼ë¡œë¶€í„� 1주년, (ii) 재선ë˜ì§€ ì•Šì„ ê²½ìš° 현재 ì´ì‚¬íš� 임기 종료 ì‹�, ë˜ëŠ” (iii) ì •ì˜ë� ê²½ì˜ê¶� ë³€ê²� ì‹œì  ì¤� 빠른 시ì ì—� ë°œìƒí•©ë‹ˆë‹�. 수여 í›� BartlettëŠ� EXLS 보통주와 연계ë� 14,014ê°œì˜ íŒŒìƒ ì¦ê¶Œì� ì§ì ‘ 보유하고 있습니다. 주ì‹ì€ ë§¤ë„ ë˜ëŠ” ì´ì „ë˜ì§€ 않았으며 비파ìƒ� 거래ë� ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ì´ë²ˆ ì œì¶œì€ ì´ì‚¬ì� ì¸ì„¼í‹°ë¸Œë¥� 주주 ì´ìµê³� ì¼ì¹˜ì‹œí‚¤ê¸� 위해 설계ë� ì¼ìƒì ì¸ ì£¼ì‹ ë³´ìƒ ë¶€ì—¬ë¡œ, 현금 유출ì� 없으ë©� 회사ì� ìš´ì˜ ì „ë§ ë³€ê²½ì„ ì˜ë¯¸í•˜ì§€ 않습니다.

Le formulaire 4 déposé pour ExlService Holdings, Inc. (EXLS) révèle que le directeur Thomas A. Bartlett a reçu 4 981 unités d’actions restreintes (RSU) le 17/06/2025 dans le cadre du Plan d’Incitation Omnibus 2025 de la société. Ces RSU se convertissent chacune en une action ordinaire lors du règlement et ont un prix d’acquisition de 0 $. La période d’acquisition intervient au plus tôt entre (i) le premier anniversaire de l’attribution, (ii) la fin du mandat actuel du directeur s’il n’est pas réélu, ou (iii) un changement de contrôle défini. Après cette attribution, Bartlett détient 14 014 titres dérivés liés aux actions ordinaires EXLS, tous détenus directement. Aucune action n’a été vendue ou transférée, et aucune transaction non dérivée n’a été rapportée.

Ce dépôt représente une attribution de rémunération en actions de routine visant à aligner les incitations du directeur avec les intérêts des actionnaires ; il n’implique aucune sortie de trésorerie ni ne signale de changement dans les perspectives opérationnelles de la société.

Das für ExlService Holdings, Inc. (EXLS) eingereichte Formular 4 offenbart, dass der Direktor Thomas A. Bartlett am 17.06.2025 4.981 Restricted Stock Units (RSUs) im Rahmen des Omnibus Incentive Plans 2025 des Unternehmens erhalten hat. Diese RSUs werden bei Abrechnung jeweils in eine Stammaktie umgewandelt und haben einen Erwerbspreis von 0 $. Die Vesting erfolgt zum frühesten Zeitpunkt von (i) dem ersten Jahrestag der Gewährung, (ii) dem Ende der aktuellen Amtszeit des Direktors, falls er nicht wiedergewählt wird, oder (iii) einer definierten Kontrollwechsel-Situation. Nach der Zuteilung hält Bartlett 14.014 derivative Wertpapiere, die mit EXLS-Stammaktien verbunden sind, alle direkt gehalten. Es wurden keine Aktien verkauft oder übertragen, und es wurden keine nicht-derivativen Transaktionen gemeldet.

Die Einreichung stellt eine routinemäßige Aktienvergütung dar, die darauf abzielt, die Anreize des Direktors mit den Interessen der Aktionäre in Einklang zu bringen; sie verursacht keine Geldabflüsse und signalisiert keine Änderungen der operativen Prognose des Unternehmens.

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*
Bartlett Thomas A

(Last) (First) (Middle)
C/O EXLSERVICE HOLDINGS, INC
320 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ExlService Holdings, Inc. [ EXLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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
Restricted Stock Units (1) 06/17/2025 A 4,981 (2) (2) Common Stock, par value $0.001 per share 4,981 $0 14,014 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
2. The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2025 Omnibus Incentive Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.
Remarks:
Mr. Ayyappan is the Company's General Counsel.
/s/ Ajay Ayyappan, Attorney-in-Fact 06/20/2025
** 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.

FAQ

How many RSUs did EXLS director Thomas A. Bartlett receive?

4,981 Restricted Stock Units were granted on 06/17/2025.

What is the vesting schedule for the newly granted EXLS RSUs?

Vests on the earlier of the first anniversary, end of current board term if not re-elected, or a Change in Control as defined in the plan.

Did the Form 4 report any sale of EXLS shares by the director?

No. The filing only reports an acquisition of RSUs; there were no sales or disposals of common stock.

What is Thomas A. Bartlett’s total derivative holding after this grant?

Following the transaction, he beneficially owns 14,014 derivative securities linked to EXLS common shares.

Does the RSU grant affect EXLS’s earnings or cash flow?

The equity-based award has no immediate cash impact and is not expected to materially affect earnings.
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Information Technology Services
Services-business Services, Nec
United States
NEW YORK