PANDIT VIKRAM S 4

4 · ExlService Holdings, Inc. · Filed Jun 18, 2026

AI-generated summary of this filing

Updated Jun 18, 2026

ExlService (EXLS) Director Vikram Pandit Receives RSU Award

What Happened

Vikram S. Pandit, a director of ExlService Holdings, Inc. (EXLS), was granted 11,293 restricted stock units (RSUs) on 2026-06-16. The grant is reported as a derivative award (transaction code A) with an acquisition price of $0 in the Form 4 filing.
This was an award (not a purchase or sale); the RSUs represent a contingent right to receive one share of common stock per unit upon settlement.

Key Details

Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (timely filing).
Amount: 11,293 RSUs; reported acquisition price: $0 (standard for RSU grants).
Shares owned after transaction: not specified in the provided summary of the filing.
Footnotes: F1 clarifies each RSU converts to one share upon settlement. F2 outlines vesting/settlement rules — RSUs vest on the earlier of (i) the first anniversary of the grant, (ii) the end of his board term if not re-elected, or (iii) a Change in Control; settlement occurs on death, a Change in Control, or 180 days after ceasing Board service (except on death).
Transaction code A = Award/Grant (derivative); no indication of a 10b5-1 plan or tax-withholding sale in this filing.

Context

RSU awards are compensation and do not reflect an open-market purchase or sale; they become shares only if/when vesting and settlement conditions are met.
Because this is an award to a director and not an immediate purchase or sale, it should be viewed as routine compensation rather than a direct insider market signal.

Form 4

Period: 2026-06-16

Director

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-06-16+11,293→ 84,378 total
→ Common Stock, par value $0.001 per share (11,293 underlying)

Footnotes (2)

[F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock upon settlement.
[F2]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 the issuer (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.

Signature

By: /s/ Vikram S. Pandit|2026-06-18

1 file