Bhalla Vikas 4

What Happened

Vikas Bhalla, President of ExlService Holdings, sold 12,000 shares on July 1, 2026, at $26.47 per share for total proceeds of $317,640. The sale is reported as an open-market or private sale (code S) on the Form 4.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (filed the next day).
• Price and amount: 12,000 shares at $26.47 each; proceeds $317,640.
• Shares owned after transaction: not reported in the provided filing excerpt.
• Footnote: Sale made pursuant to a 10b5-1 trading plan established by Mr. Bhalla on March 4, 2026.
• Remarks on the filing: notes that Mr. Ayyappan is the Company's General Counsel.
• Transaction code: S = Sale.

Context

A sale under a 10b5-1 plan is a pre-arranged trading program that allows insiders to sell shares on a set schedule and is generally considered a routine liquidity event rather than an immediate signal of insider sentiment. This filing shows a routine sale by a company executive; no purchases or option exercises are reported in this transaction.