Form 4: ExlService Holdings Executive Vice President & CFO Reports Stock Transactions
SEC Form 4 Filing
Maurizio Nicolelli, Executive Vice President & CFO of ExlService Holdings, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- Maurizio Nicolelli, the Executive Vice President & CFO of ExlService Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 18, 2025, restricted stock units converted into common stock on a one-for-one basis.
- A total of 17,615 restricted stock units vested and converted into common stock.
- Simultaneously, shares were disposed of to cover tax withholding obligations at a price of $50.93 per share.
- The transactions resulted in Nicolelli holding 205,122 shares of ExlService Holdings, Inc. common stock following the reported transactions.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 02/17/2021 | Reporting person was granted 6,920 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 02/16/2022 | Reporting person was granted 3,884 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 02/15/2023 | Reporting person was granted 3,288 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 02/18/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/20/2025 | Date of signature for the Form 4 filing. |
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