Harrison Pamela M 4

What Happened

• Pamela M. Harrison, Chief Human Resources Officer of ExlService Holdings (EXLS), had 4,151 restricted stock units (RSUs) convert into 4,151 shares on February 27, 2026. To satisfy tax withholding, 2,159 of those shares were surrendered/withheld at a reported value of $30.99 per share (total ~$66,907). The conversion therefore resulted in a net issuance of 1,992 shares to Ms. Harrison (4,151 converted less 2,159 withheld).
• This was a routine vesting/tax-withholding transaction tied to equity compensation (not an open-market purchase or sale).

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 3, 2026 (filed within the required 2 business days).
• Conversion: 4,151 RSUs converted into 4,151 common shares (transaction code M).
• Withholding/tax payment: 2,159 shares withheld/disposed for taxes at $30.99 per share → $66,907 (transaction code F).
• Net shares issued to insider from this vesting event: 1,992 shares (4,151 − 2,159).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Relevant footnotes: F1 — RSUs convert one-for-one into common stock; F2 — withholding value based on prior-day Nasdaq close; F3 — the 4,151 vested shares are one-quarter of a 16,604-RSU grant (vesting annually from Feb 27, 2024).

Context

• This was a standard RSU vesting and tax-withholding event (cashless share surrender), common for employee equity compensation. It does not reflect an open-market sale or purchase decision by the insider.