Fibig Andreas 4
4 · ExlService Holdings, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
ExlService (EXLS) Director Andreas Fibig Receives 7,871 RSU Award
What Happened
Andreas Fibig, a member of the Board of Directors of ExlService Holdings, Inc. (EXLS), was granted 7,871 restricted stock units (RSUs) on June 16, 2026. The award was reported as an acquisition (transaction code A) of derivative securities at a $0 per-unit price (typical for compensation grants). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely).
- Security: 7,871 restricted stock units (RSUs) granted; reported price $0.00 (no cash paid).
- Post-transaction ownership: Not specified in this filing.
- Footnotes:
- Each RSU represents a contingent right to one share upon settlement.
- Vesting occurs on the earlier of (i) the first anniversary of grant, (ii) when the director’s board term expires if not re-elected, or (iii) a Change in Control per the company’s 2025 Omnibus Incentive Plan. Settlement occurs on the earlier of death, Change in Control, or 180 days after separation from board service (with some exceptions).
- Filing remarks include the company’s General Counsel (Mr. Ayyappan), per the form.
Context
RSUs are a common form of director compensation and do not represent an immediate purchase of shares; they convert to common stock only upon meeting vesting and settlement conditions described above. Such awards are routine compensation and should be interpreted as grant-based, not a direct bullish purchase signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-16+7,871→ 28,427 total→ Common Stock, par value $0.001 per share (7,871 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company'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 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.