Geraghty Patrick 4

What Happened
Patrick Geraghty, a director of ExlService Holdings, Inc. (EXLS), was granted 7,871 restricted stock units (RSUs) on June 16, 2026. The grant is reported as an award/acquisition at $0.00 (derivative award); each RSU represents a contingent right to receive one share of EXLS common stock upon settlement.

Key Details

• Transaction date: 2026-06-16; Form 4 filed 2026-06-18.
• Award: 7,871 RSUs granted, reported at $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1 — Each RSU converts to one share upon settlement.
  • F2 — RSUs vest upon the earlier of (i) first anniversary of grant, (ii) expiration of the director’s current board term if not re-elected, or (iii) a Change in Control; settlement occurs on death, Change in Control, or generally 180 days after the director ceases board service (with limited exceptions).
• Filing remarks include a note identifying Mr. Ayyappan as the Company’s General Counsel (likely a standard filing remark).

Context
RSU grants are common compensation/retention tools for directors and are not an immediate buy or sell signal — they create a future right to receive shares if vesting/settlement conditions are met. This transaction is a derivative award (not a cash purchase or sale) and does not by itself indicate the insider bought or sold shares on the open market.