ExlService Holdings, Inc. officer Vikas Bhalla filed a Form 144 notice on November 12, 2026, proposing the sale of 10,573 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ:EXLS.

Key Highlights

  • Proposed sale: 10,573 shares of ExlService Holdings common stock with an aggregate market value of $465,423.46, according to the filing.
  • Approximate sale date: November 12, 2026, through Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917.
  • Source of shares: The filing states the securities were acquired on September 1, 2024, via restricted stock vesting from the issuer, with compensation as the nature of payment.
  • Shares outstanding: 150,788,731 shares of common stock were reported as outstanding at the time of filing.
  • Prior three-month sales: Bhalla sold 10,000 shares on September 1, 2026 (gross proceeds $381,700.00), 11,000 shares on October 1, 2026 (gross proceeds $389,180.00), and 11,000 shares on November 2, 2026 (gross proceeds $453,420.00).

ExlService Officer Bhalla Proposes Rule 144 Sale of Restricted Stock Shares

According to the Form 144 filing dated November 12, 2026, Vikas Bhalla, identified as an officer of ExlService Holdings, Inc. (NASDAQ:EXLS), intends to sell 10,573 shares of the company's common stock. The filing lists the aggregate market value of the proposed sale at $465,423.46. The shares are to be sold through Fidelity Brokerage Services LLC on the NASDAQ exchange.

The filing discloses that the 10,573 shares to be sold were acquired on September 1, 2024, through a restricted stock vesting transaction from the issuer, with the nature of payment listed as compensation. ExlService Holdings is headquartered at 320 Park Avenue, 29th Floor, New York, New York 10022, and carries SEC File Number 001-33089.

The filing also details Bhalla's sales activity over the prior three months. On September 1, 2026, he sold 10,000 shares for gross proceeds of $381,700.00. On October 1, 2026, he sold 11,000 shares for gross proceeds of $389,180.00. On November 2, 2026, he sold an additional 11,000 shares for gross proceeds of $453,420.00. The notice was signed by Jared Cook as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Vikas Bhalla.

What Was Disclosed

Vikas Bhalla, an officer of ExlService Holdings, Inc., filed a Form 144 notice proposing the sale of 10,573 restricted stock vesting shares with an aggregate market value of $465,423.46, alongside disclosure of three prior sales totaling 32,000 shares over the preceding three months.