Vikas Bhalla, President of EXL at ExlService Holdings, Inc., filed a Form 4 on November 3, 2026, reporting the sale of 11,000 shares of common stock on November 2, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Vikas Bhalla, identified in the filing as President of EXL at ExlService Holdings, Inc. (NASDAQ:EXLS)
  • Shares disposed: 11,000 shares of Common Stock, par value $0.001 per share, disposed of (transaction code S) on November 2, 2026
  • Sale price: $41.22 per share
  • Remaining ownership: 98,295 shares of common stock held directly following the transaction
  • 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 plan previously entered into by the reporting person on March 4, 2026

Bhalla's November 2026 Share Disposition Under 10b5-1 Plan

According to the filing, Vikas Bhalla, serving as President of EXL, disposed of 11,000 shares of ExlService Holdings, Inc. common stock (par value $0.001 per share) on November 2, 2026, at a price of $41.22 per share. The transaction was coded "S," indicating a sale. The filing notes that the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), specifically a 10b5-1 plan that the reporting person entered into on March 4, 2026.

Following the reported transaction, Bhalla directly holds 98,295 shares of common stock, according to the filing. No derivative securities transactions were reported in Table II of the Form 4. The form was signed by Ajay Ayyappan as Attorney-in-Fact on November 3, 2026; the filing notes that Mr. Ayyappan is the company's General Counsel. No amendment date was listed, indicating this is an original filing.

What Was Disclosed

The Form 4 filed on November 3, 2026, discloses that Vikas Bhalla, President of EXL, sold 11,000 shares of ExlService Holdings common stock at $41.22 per share on November 2, 2026, under a 10b5-1 plan established March 4, 2026, leaving him with 98,295 directly held shares.