TaskUs (NASDAQ: TASK) general counsel nets shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TaskUs, Inc. General Counsel Claudia F. Walsh exercised restricted stock units into 28,338 shares of Class A common stock on March 26, 2026. Of these shares, 10,168 were withheld at $6.54 per share to cover tax obligations, leaving a net increase in her direct holdings. After these transactions, she directly held 131,866 shares of Class A common stock. The underlying RSUs represent a right to receive one share per unit and vest annually over three years: 33% on March 15, 2025, 33% on March 15, 2026, and 34% on March 15, 2027, settled in stock, cash, or a combination.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,338 shares exercised/converted
Mixed
3 txns
Insider
Walsh Claudia F
Role
General Counsel
| 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 | 10,168 | $6.54 | $66K |
Holdings After Transaction:
Restricted Stock Units — 29,198 shares (Direct);
Class A Common Stock — 142,034 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
Shares withheld for taxes: 10,168 shares
Tax withholding price: $6.54 per share
+5 more
8 metrics
RSUs exercised
28,338 units/shares
Restricted stock units converted into Class A common stock on March 26, 2026
Shares withheld for taxes
10,168 shares
Withheld to cover tax obligations at $6.54 per share
Tax withholding price
<money>$6.54</money> per share
Value used for shares withheld to satisfy tax obligations
Shares held after transactions
131,866 shares
Direct Class A common stock holdings following March 26, 2026 transactions
Remaining RSU balance
29,198 RSUs
Restricted stock units shown as held following the derivative transaction
RSU vesting 2025
<percent>33%</percent>
First tranche vests on March 15, 2025
RSU vesting 2026
<percent>33%</percent>
Second tranche vests on March 15, 2026
RSU vesting 2027
<percent>34%</percent>
Final tranche vests on March 15, 2027
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, vest annually over three years
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock"
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
tax withholding obligations financial
"Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations"
vest annually over three years financial
"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"
FAQ
What did TaskUs (TASK) General Counsel Claudia Walsh do in this Form 4?
Claudia F. Walsh exercised restricted stock units into 28,338 shares of TaskUs Class A common stock. A portion of these shares was then withheld to cover tax obligations, and her direct ownership in TaskUs stock increased following the transactions on March 26, 2026.
What is the vesting schedule for Claudia Walsh’s TaskUs (TASK) RSUs?
Her 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 her to one share of Class A common stock or an equivalent cash amount.
Does the tax withholding in this TaskUs (TASK) Form 4 represent an open-market sale?
No. The 10,168 TaskUs shares were withheld to cover tax obligations linked to RSU settlement. This is classified as a tax-withholding disposition, not an open-market sale, and reflects required tax payments rather than a discretionary decision to sell shares.