NICOLELLI MAURIZIO (Executive Vice President & CFO) exercised options at EXLSERVICE HOLDINGS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

NICOLELLI MAURIZIO

Filed: 2/19/2026ACC: 0001628280-26-009901

InsiderNICOLELLI MAURIZIOCIK 1472650

→

IssuerEXLSERVICE HOLDINGS, INC.CIK 1297989

Officer· Executive Vice President & CFO

Since Feb 2020

-3.53K

Net shares

Net seller

$106.0K

Total sold

Open market trades

0B · 0S

Total transactions

8.96K acquired · 12.49K disposed

Non-Derivative Transactions4

Common Stock, par value $0.001 per share

Direct

M · Option Exercise

+4.86K

Price / share

—

Trade value

—

% of position

2.0%

2/17/2026

242.99K→247.84K

Common Stock, par value $0.001 per share

Direct

F · Tax Withholding

−1.91K

Price / share

$30.04

Trade value

$57.41K

% of position

0.8%

2/17/2026

247.84K→245.93K

Common Stock, par value $0.001 per share

Direct

M · Option Exercise

+4.11K

Price / share

—

Trade value

—

% of position

1.7%

2/17/2026

245.93K→250.04K

Common Stock, par value $0.001 per share

Direct

F · Tax Withholding

−1.62K

Price / share

$30.04

Trade value

$48.60K

% of position

0.6%

2/17/2026

250.04K→248.43K

Total

Net shares

+5.44K

Net value

-$106.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.001 per share Direct	2/17/2026	M · Option Exercise	+4.86K	—	—	2.0%	242.99K	247.84K
Common Stock, par value $0.001 per share Direct	2/17/2026	F · Tax Withholding	−1.91K	$30.04	$57.41K	0.8%	247.84K	245.93K
Common Stock, par value $0.001 per share Direct	2/17/2026	M · Option Exercise	+4.11K	—	—	1.7%	245.93K	250.04K
Common Stock, par value $0.001 per share Direct	2/17/2026	F · Tax Withholding	−1.62K	$30.04	$48.60K	0.6%	250.04K	248.43K
Total			+5.44K		-$106.01K

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.001 per share

4.11K shares

−4.11K

Strike price

Held after

4.11K

Exercisable

—

2/17/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.001 per share

4.86K shares

−4.86K

Strike price

Held after

0.00

Exercisable

—

2/17/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, par value $0.001 per share4.11K shares	2/17/2026	M · Option Exercise	−4.11K		—	4.11K
Restricted Stock Units Direct	Common Stock, par value $0.001 per share4.86K shares	2/17/2026	M · Option Exercise	−4.86K		—	0.00