TaskUs (NASDAQ: TASK) counsel converts 12,500 RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TaskUs, Inc. General Counsel Claudia F. Walsh exercised restricted stock units into Class A common shares as part of an equity award vesting. On April 1, 2026, 12,500 RSUs converted into 12,500 shares of Class A common stock at a stated price of $0.00 per share.
To cover tax withholding obligations tied to this vesting, 4,485 of those Class A shares were withheld at $6.87 per share, a non-market, tax-related disposition rather than an open-market sale. After these transactions, Walsh directly held 139,881 shares of TaskUs Class A common stock. The RSUs that vested were part of a grant scheduled to vest in four annual installments ending April 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,500 shares exercised/converted
Mixed
3 txns
Insider
Walsh Claudia F
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,485 | $6.87 | $31K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 144,366 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 four years as follows: 25% on April 1, 2023; 25% on April 1, 2024; 25% on April 1, 2025, and 25% on April 1, 2026. Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.
Key Figures
RSUs exercised: 12,500 units
Shares acquired: 12,500 shares
Shares withheld for taxes: 4,485 shares
+3 more
6 metrics
RSUs exercised
12,500 units
Restricted stock units converted on April 1, 2026
Shares acquired
12,500 shares
Class A common stock received from RSU conversion
Shares withheld for taxes
4,485 shares
Class A common stock withheld to cover tax obligations
Withholding reference price
$6.87 per share
Value used for tax-withholding disposition
Shares held after transaction
139,881 shares
Direct holdings of Class A common stock post-transaction
RSU vesting schedule
4 annual tranches of 25%
Vesting on April 1 of 2023, 2024, 2025, 2026
Key Terms
Restricted Stock Units, Class A common stock, tax withholding obligations, contingent right
4 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.
Class A common stock financial
"receive one share of Class A common stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax withholding obligations financial
"shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations"
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What insider transaction did TaskUs (TASK) report for Claudia F. Walsh?
TaskUs reported that General Counsel Claudia F. Walsh exercised 12,500 restricted stock units into 12,500 shares of Class A common stock. This reflects scheduled vesting of equity compensation rather than an open-market stock purchase or sale.
What are the details of the RSU vesting schedule for TaskUs (TASK) in this filing?
Each RSU represents a right to one TaskUs Class A share. The grant vested 25% annually on April 1 of 2023, 2024, 2025, and 2026. The April 1, 2026 transaction reflects the final 25% installment vesting from that four-year schedule.
Did the TaskUs (TASK) insider transaction involve an open-market stock sale?
The filing shows no open-market sale. Shares were acquired through RSU conversion and 4,485 shares were disposed of solely to cover tax withholding obligations, which is a non-market, administrative transaction typical for equity compensation vesting.