TaskUs (NASDAQ: TASK) CEO gets 309,278 RSUs and settles tax with shares
Rhea-AI Filing Summary
TaskUs, Inc. Chief Executive Officer Bryce Maddock reported equity compensation and related share movements. He received a new grant of 309,278 restricted stock units (RSUs) on March 9, 2026, each representing a contingent right to one share of Class A common stock. These RSUs vest annually over three years starting March 9, 2027.
On March 6–7, 2026, previously granted RSUs covering 31,515 and 80,392 shares were exercised into Class A common stock. In connection with these vestings, 7,674 and 30,137 shares were withheld at $10.92 per share to cover tax obligations, while Maddock continued to hold over 1.1 million shares directly, plus additional indirect holdings through family trusts.
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Insights
Routine CEO equity grants and RSU vesting with tax withholding.
TaskUs CEO Bryce Maddock reported a grant of 309,278 RSUs and the vesting of earlier RSU awards that were settled in Class A common stock. RSUs are stock-based compensation that vest over time to align executives with shareholders.
The filing shows 111,907 RSU-derived shares exercised across March 6–7, 2026, and 37,811 shares withheld at $10.92 per share to satisfy tax obligations. These F-code dispositions are not open-market sales and do not signal an active decision to sell shares.
After these transactions, Maddock holds more than 1.1 million Class A shares directly, plus indirect interests via family trusts identified in the footnotes. With no open-market purchases or sales disclosed and no remaining derivative positions listed, this appears to be standard equity compensation activity rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 309,278 | $0.00 | -- |
| Exercise | Restricted Stock Units | 80,392 | $0.00 | -- |
| Exercise | Class A Common Stock | 80,392 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 30,137 | $10.92 | $329K |
| Exercise | Restricted Stock Units | 31,515 | $0.00 | -- |
| Exercise | Class A Common Stock | 31,515 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 7,674 | $10.92 | $84K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 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 7, 2026; 33% on March 7, 2027; and 34% on March 7, 2028. Reflects shares of Class A Common Stock held by The Bryce Maddock Family Trust, of which the Reporting Person is the trustee. Reflects shares of Class A Common Stock held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee. Reflects shares of Class A Common Stock held by The Maddock 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee. 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 9, 2027; 33% on March 9, 2028; and 34% on March 9, 2029.
