Earnings Feed
Start Free
TaskUs, Inc.·4

Mar 10, 6:23 PM ET

Maddock Bryce 4

4 · TaskUs, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

TaskUs (TASK) CEO Bryce Maddock Exercises RSUs; Shares Withheld for Taxes

What Happened

  • Bryce Maddock, CEO of TaskUs, had RSUs convert/vest into 31,515 shares on March 6, 2026 and 80,392 shares on March 7, 2026 (total 111,907 shares acquired). To satisfy tax withholding, 7,674 and 30,137 shares were withheld (disposed) on those dates at $10.92 per share, producing reported cash amounts of $83,800 and $329,096 (total ≈ $412,896). On March 9, 2026 he was also granted 309,278 RSUs (award/derivative) that vest in future years.

Key Details

  • Transaction dates: March 6–7, 2026 (vesting/conversion and tax withholding); March 9, 2026 (new RSU grant).
  • Shares converted/issued: 31,515 (3/6) + 80,392 (3/7) = 111,907 shares acquired.
  • Shares withheld for taxes: 7,674 (3/6) + 30,137 (3/7) = 37,811 shares; withholding price reported $10.92/share; total cash reported ≈ $412,896.
  • New award: 309,278 RSUs granted on March 9, 2026 (derivative award; vests per filing footnote).
  • Notable footnotes: RSUs settle in cash or Class A common stock and vest on specified annual schedules (see F1, F3, F7). F2 explains shares were withheld to cover tax obligations. The filer disclaims beneficial ownership except for pecuniary interest.
  • Filing timeliness: No late‑filing flag is indicated in the information provided.

Context

  • These entries reflect RSU vesting/conversion and routine tax‑withholding (transaction codes M = exercise/conversion; F = tax withholding). The withheld shares are not an open‑market sale by the insider but a company withholding to satisfy taxes. The March 9 award is a grant of RSUs that will vest in future years per the footnote schedule. Such activity is typically compensation‑related rather than a directional bet on the stock.

Insider Transaction Report

Form 4
Period: 2026-03-06
TaskUs, Inc.TASK
Maddock Bryce
DirectorChief Executive Officer10% Owner
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-06+31,515→ 1,147,663 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-06$10.92/sh−7,674$83,800→ 1,139,989 total
  • Exercise/Conversion

    Class A Common Stock

    [F3]
    2026-03-07+80,392→ 1,220,381 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-07$10.92/sh−30,137$329,096→ 1,190,244 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-06−31,515→ 0 total
    → Class A Common Stock (31,515 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-07−80,392→ 163,222 total
    → Class A Common Stock (80,392 underlying)
  • Award

    Restricted Stock Units

    [F7]
    2026-03-09+309,278→ 309,278 total
    → Class A Common Stock (309,278 underlying)
Holdings

  • Class A Common Stock

    [F4]
    (indirect: See Footnote)
    1,118,321

  • Class A Common Stock

    [F5]
    (indirect: See Footnote)
    1,193,789

  • Class A Common Stock

    [F6]
    (indirect: See Footnote)
    140,553
Footnotes (7)
  • [F1]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.
  • [F2]Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.
  • [F3]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.
  • [F4]Reflects shares of Class A Common Stock held by The Bryce Maddock Family Trust, of which the Reporting Person is the trustee.
  • [F5]Reflects shares of Class A Common Stock held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
  • [F6]Reflects shares of Class A Common Stock held by The Maddock 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.
  • [F7]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.
Signature
/s/ Claudia Walsh, as Attorney-in-fact|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773181392.xmlPrimary

    FORM 4