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EXLS - Exlservice Holdings, Inc.

Insider Sale by Ayyappan Ajay (EVP, GC, Corp. Sec'y.)

1 Month
After Trade
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Trade Summary

4 days ago, Ayyappan Ajay, serving as EVP, GC, Corp. Sec'y. at Exlservice Holdings, Inc. (EXLS), sold 1,197 shares at $29.79 per share, for a total transaction value of $35,659.00. Following this transaction, Ayyappan Ajay now holds 53,901 shares of EXLS.

This sale represents a 2.00% decrease in Ayyappan Ajay's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Monday, February 23, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 25, 2026, 2 days after the trade was made.

Exlservice Holdings, Inc. operates in the TECHNOLOGY sector, specifically within the INFORMATION TECHNOLOGY SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Ayyappan Ajay

EVP, GC, Corp. Sec'y.

Ajay Ayyappan is Executive Vice President, General Counsel, and Corporate Secretary at ExlService Holdings, Inc. (NASDAQ: EXLS), a position he has held since February 2023.[[1]](https://fintool.com/app/research/companies/EXLS/people/ajay-ayyappan)[[6]](https://www.exlservice.com/bio/ajay-ayyappan) He joined EXL in March 2007 as Vice President and Assistant General Counsel, progressing through roles including VP & Assistant GC (2007–2014), VP Deputy GC & Assistant Secretary (2014–2018), VP Acting GC & Corporate Secretary (2018), and SVP GC & Corporate Secretary (2018–2023).[[1]](https://fintool.com/app/research/companies/EXLS/people/ajay-ayyappan)[[4]](https://www.vanguardlawmag.com/case-studies/ajay-ayyappan-exl/)[[6]](https://www.exlservice.com/bio/ajay-ayyappan) Prior to EXL, Ayyappan was a corporate associate at Morgan, Lewis & Bockius LLP, focusing on mergers and acquisitions, corporate finance, and general corporate matters.[[1]](https://fintool.com/app/research/companies/EXLS/people/ajay-ayyappan)[[4]](https://www.vanguardlawmag.com/case-studies/ajay-ayyappan-exl/) He graduated from Fordham University School of Law in 2002 and is approximately 47 years old.[[1]](https://fintool.com/app/research/companies/EXLS/people/ajay-ayyappan)[[4]](https://www.vanguardlawmag.com/case-studies/ajay-ayyappan-exl/) As a member of EXL’s Executive Committee, Ayyappan serves as global head of the legal function, leading over 25 attorneys and handling corporate governance, M&A, commercial contracting, securities compliance, regulatory matters, and litigation.[[6]](https://www.exlservice.com/bio/ajay-ayyappan) He co-leads the company’s AI Governance Committee with the CIO and has contributed to EXL’s strategic shift toward solutions-focused operations, including IP retention and acquisitions.[[1]](https://fintool.com/app/research/companies/EXLS/people/ajay-ayyappan)[[4]](https://www.vanguardlawmag.com/case-studies/ajay-ayyappan-exl/) Recently, he engaged in insider trading, selling shares in January, February 2026, and receiving RSU grants.[[2]](https://www.investing.com/news/insider-trading-news/exlservices-ayyappan-sells-35k-in-shares-93CH-4526090)[[3]](https://www.marketbeat.com/instant-alerts/exlservice-nasdaqexls-evp-sells-3565863-in-stock-2026-02-25/)[[5]](https://www.stocktitan.net/sec-filings/EXLS/form-4-exl-service-holdings-inc-insider-trading-activity-14f44c464dd6.html)

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Trade Price

$29.79

Quantity

1,197

Total Value

$35,659.00

Shares Owned

53,901

Trade Date

Monday, February 23, 2026

4 days ago

SEC Filing Date

Wednesday, February 25, 2026

Filed 2 days after trade

TECHNOLOGYINFORMATION TECHNOLOGY SERVICES

About Exlservice Holdings, Inc.

Company Overview

No company information available
View news mentioning EXLS

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