TaskUs (NASDAQ: TASK) CCO awarded RSUs, ends with 40,491 shares
Rhea-AI Filing Summary
TaskUs, Inc. Chief Customer Officer Jarrod Johnson reported compensation-related equity activity, primarily awards and option-style exercises rather than open-market trading. On March 9, he received a grant of 56,232 restricted stock units (RSUs), each representing a contingent right to one share of Class A common stock, vesting annually from March 9, 2027 through March 9, 2029.
On March 6 and 7, previously granted RSUs were exercised into 11,076 and 25,933 shares of Class A common stock, respectively. To cover tax withholding obligations tied to these vestings, 2,749 and 6,315 shares were withheld at $10.92 per share, which is not an open-market sale. Following these transactions, Johnson directly holds 40,491 shares of Class A common stock and 56,232 RSUs, reflecting routine executive equity compensation and associated tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 56,232 | $0.00 | -- |
| Exercise | Restricted Stock Units | 25,933 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,933 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 6,315 | $10.92 | $69K |
| Exercise | Restricted Stock Units | 11,076 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,076 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,749 | $10.92 | $30K |
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 6, 2024; 33% on March 6, 2025; and 34% on March 6, 2026. Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations. Each 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 7, 2026; 33% on March 7, 2027; and 34% on March 7, 2028. Each 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 9, 2027; 33% on March 9, 2028; and 34% on March 9, 2029.