TaskUs (NASDAQ: TASK) COO exercises RSUs, ends with 100,841 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TaskUs, Inc. Chief Operating Officer Stephan Daoust exercised restricted stock units into 28,338 shares of Class A common stock on March 26, 2026. Each RSU represents a right to one share and vests over three years, with 33% on March 15, 2025, 33% on March 15, 2026, and 34% on March 15, 2027.
In connection with this settlement, 6,901 shares were withheld at $6.54 per share to cover tax withholding obligations, which is not an open-market sale. After these transactions, Daoust directly holds 100,841 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,338 shares exercised/converted
Mixed
3 txns
Insider
Daoust Stephan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,338 | $0.00 | -- |
| Exercise | Class A Common Stock | 28,338 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 6,901 | $6.54 | $45K |
Holdings After Transaction:
Restricted Stock Units — 29,198 shares (Direct);
Class A Common Stock — 107,742 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs will be settled in either Class A common stock of the Issuer or cash (or a combination thereof). These RSUs vest annually over three years as follows: 33% on March 15, 2025; 33% on March 15, 2026; and 34% on March 15, 2027. Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations.
Key Figures
RSUs exercised: 28,338 units
Shares withheld for taxes: 6,901 shares
Share price for withholding: $6.54 per share
+2 more
5 metrics
RSUs exercised
28,338 units
Restricted stock units converted to Class A common stock on March 26, 2026
Shares withheld for taxes
6,901 shares
Class A common stock withheld at $6.54 per share for tax obligations
Share price for withholding
$6.54 per share
Value used for 6,901 shares withheld to cover tax liabilities
Shares held after transactions
100,841 shares
Daoust’s direct Class A common stock holdings following March 26, 2026 transactions
RSU vesting tranches
33%, 33%, 34%
RSUs vest 33% on March 15, 2025, 33% on March 15, 2026, 34% on March 15, 2027
Key Terms
Restricted Stock Units, derivative security, tax withholding obligations
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax withholding obligations financial
"shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations"
FAQ
What insider transaction did TaskUs (TASK) COO Stephan Daoust report?
Stephan Daoust reported exercising restricted stock units into 28,338 shares of TaskUs Class A common stock. The RSUs convert on a one-for-one basis into shares, increasing his direct equity stake in the company as part of his compensation package.
What is the vesting schedule of Stephan Daoust’s TaskUs (TASK) RSUs?
The restricted stock units vest over three years: 33% on March 15, 2025, another 33% on March 15, 2026, and the remaining 34% on March 15, 2027. Each vested RSU entitles Daoust to receive one share of TaskUs Class A common stock or equivalent value.
What does the tax withholding transaction mean in the TaskUs (TASK) Form 4?
The Form 4 shows 6,901 TaskUs shares withheld at $6.54 per share to cover Daoust’s tax obligations on vested RSUs. This is coded as an F transaction, meaning shares were surrendered to the issuer for taxes rather than sold in the open market for investment reasons.