Bartlett Thomas A 4

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

AI-generated summary of this filing

Updated Jun 18, 2026

ExlService (EXLS) Director Thomas Bartlett Receives RSU Award

What Happened

Thomas A. Bartlett, a director of ExlService Holdings, Inc. (EXLS), was granted 7,871 restricted stock units (RSUs) on June 16, 2026. The award is reported as a derivative acquisition at $0.00 (no cash paid at grant). The filing does not state a cash value or any immediate shares delivered — these are contingent rights to receive common stock in the future.

Key Details

Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-18).
Transaction type/code: A — Grant/Award (derivative RSUs).
Shares involved: 7,871 restricted stock units (each representing a contingent right to one share).
Price: $0.00 at grant (typical for compensation awards).
Shares owned after transaction: Not disclosed in this filing.
Vesting/settlement (per footnotes): RSUs vest on the earlier of (i) the first anniversary of grant, (ii) the end of Bartlett’s current board term if not re-elected, or (iii) a Change in Control; they settle upon the earlier of death, a Change in Control, or 180 days after Bartlett ceases board service (except in case of death).
Filing timeliness: Filed two days after the grant — within the usual two-business-day Form 4 reporting window.
Filing remark: the form includes an administrative remark noting Mr. Ayyappan is the company’s General Counsel.

Context

This was an equity compensation award (RSUs), not an open-market buy or sale. RSU grants are common for board compensation or retention and do not reflect an immediate cash outlay or stock sale. The award becomes shares only if and when vesting/settlement conditions are met.

Form 4

Period: 2026-06-16

Director

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-06-16+7,871→ 21,885 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.

Signature

/s/ Ajay Ayyappan, Attorney-in-Fact|2026-06-18

1 file