Form 4: ExlService Holdings Chairman & CEO Rohit Kapoor Reports Stock Sale

Rohit Kapoor, Chairman and CEO of ExlService Holdings, sold 36,847 shares of common stock at an average price of $31.07 on May 20, 2024.

Summary

• On May 20, 2024, Rohit Kapoor, the Chairman and CEO of ExlService Holdings, sold 36,847 shares of the company's common stock.
• The sale was executed at a weighted average price of $31.07 per share, with individual trades ranging from $30.96 to $31.18.
• Following the transaction, Kapoor directly owns 1,549,588 shares of ExlService Holdings.
• Kapoor also indirectly owns shares through various family trusts, including the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT (885,670 shares), the Rohit Kapoor Spousal Lifetime Access Trust (420,000 shares), the Shikha Kapoor 2005 Family Trust (420,000 shares), the Rohit Kapoor 2016 Family Trust (665,925 shares), and the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT (201,095 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale by a company insider; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities; this provides transparency to the market.

Stakeholder Impact

• The stock sale by a key executive could be perceived differently by stakeholders; some may see it as a routine transaction, while others might interpret it as a lack of confidence in the company's future prospects.

Key Dates