TaskUs, Inc.·4

Mar 10, 6:22 PM ET

Daoust Stephan 4

Research Summary

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TaskUs (TASK) COO Stephan Daoust Exercises RSUs, Receives New Award

What Happened

  • Stephan Daoust, Chief Operating Officer of TaskUs (TASK), had vested restricted stock units (RSUs convert/settle) on March 6–7, 2026 and was also granted additional RSUs on March 9, 2026.
  • On March 6, 2026, 9,005 RSUs converted to shares; 2,207 shares were withheld to cover tax obligations (withholding value reported at $10.92/share, $24,100). On March 7, 2026, 25,933 RSUs converted to shares; 6,315 shares were withheld at $10.92/share ($68,960). Combined, 8,522 shares were withheld (~$93,060).
  • On March 9, 2026, Daoust received a grant of 56,232 RSUs (new award) at $0 cash price (these are unvested RSUs—see footnotes for vesting schedule).

Key Details

  • Transaction types: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to satisfy tax withholding; A = RSU grant.
  • Dates and amounts:
    • 2026-03-06: 9,005 RSUs converted; 2,207 shares withheld at $10.92 → $24,100 tax withholding.
    • 2026-03-07: 25,933 RSUs converted; 6,315 shares withheld at $10.92 → $68,960 tax withholding.
    • 2026-03-09: 56,232 RSUs granted (unvested award).
  • Total RSUs involved in this filing: 9,005 + 25,933 converted (vested settlements) and 56,232 newly granted. Total shares withheld for taxes: 8,522 (≈ $93,060).
  • Footnotes: RSUs may settle in stock or cash. The converted RSUs reflect scheduled vesting (footnotes describe 3‑year vesting schedules for the respective awards). The March 9 grant vests in future years (2027–2029 per filing).
  • Shares owned after the transactions are not specified in this Form 4 filing.
  • No late filing is indicated in the provided filing information.

Context

  • These transactions primarily reflect RSU vesting and settlement plus a new RSU award. The withheld shares are a routine cashless method to satisfy tax withholding on vested equity (not an open-market sale). Such settlement/withholding entries are standard for employee equity compensation and do not, by themselves, indicate the insider’s market view.