TaskUs (NASDAQ: TASK) CCO converts 28,338 RSUs; 7,293 shares withheld for taxes, holds 61,536 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TaskUs, Inc. Chief Customer Officer Jarrod Johnson exercised restricted stock units into Class A common shares and had a portion withheld for taxes. On March 26, 2026, he acquired 28,338 shares of Class A common stock upon the exercise of 28,338 restricted stock units at an exercise price of $0.00 per unit.
To cover tax withholding obligations related to this vesting, 7,293 Class A shares were withheld at $6.54 per share, rather than sold in the open market. After these transactions, Johnson directly held 61,536 Class A common shares. The underlying RSUs vest annually in three tranches through March 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,338 shares exercised/converted
Mixed
3 txns
Insider
Johnson Jarrod
Role
Chief Customer 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 | 7,293 | $6.54 | $48K |
Holdings After Transaction:
Restricted Stock Units — 29,198 shares (Direct);
Class A Common Stock — 68,829 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 acquired: 28,338 shares
Tax withholding shares: 7,293 shares
+3 more
6 metrics
RSUs exercised
28,338 units
Restricted stock units converted on March 26, 2026
Shares acquired
28,338 shares
Class A common stock received from RSU exercise
Tax withholding shares
7,293 shares
Shares withheld to cover tax obligations
Tax withholding price
$6.54 per share
Value applied to withheld Class A common stock
Post-transaction holdings
61,536 shares
Class A common stock directly held after transactions
RSU exercise price
$0.00 per unit
Conversion price for 28,338 restricted stock units
Key Terms
Restricted Stock Units, tax withholding obligations, derivative exercise/conversion, Class A common stock, +1 more
5 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.
tax withholding obligations financial
"Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Class A common stock financial
"Each restricted stock unit ("RSU") represents a contingent right to 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 disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did TaskUs (TASK) report for Jarrod Johnson?
TaskUs reported that Chief Customer Officer Jarrod Johnson exercised 28,338 restricted stock units into Class A common stock. This was a compensation-related derivative exercise, not an open-market share purchase, and increased his directly held common stock position.
How do Jarrod Johnson’s TaskUs (TASK) restricted stock units vest?
Each restricted stock unit converts to one Class A common share or cash. The RSUs vest annually over three years: 33% on March 15, 2025, 33% on March 15, 2026, and 34% on March 15, 2027, subject to settlement terms.