TaskUs, Inc.·4

Mar 10, 6:24 PM ET

Weir Jaspar 4

4 · TaskUs, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

TaskUs (TASK) 10% Owner Jasper Weir Exercises RSUs; Shares Withheld

What Happened

  • Jasper Weir (reported as a 10% owner and trustee) had previously granted restricted stock units (RSUs) vest and convert into common shares on March 6–7, 2026. A total of 23,321 shares were converted (10,355 on Mar 6 and 12,966 on Mar 7). To cover tax withholding obligations, 2,522 shares (Mar 6) and 3,158 shares (Mar 7) were withheld at $10.92 per share, totaling $27,540 and $34,485 respectively (total withheld value $62,025). On March 9, 2026 he was also granted 28,116 new RSUs (no cash paid).
  • The filing shows conversion/exercise of RSU derivatives and share withholding for taxes rather than an open-market sale.

Key Details

  • Transaction dates: Mar 6, 2026; Mar 7, 2026; Mar 9, 2026. Filing date: Mar 10, 2026 (Form 4).
  • Converted/Acquired: 10,355 shares (Mar 6) and 12,966 shares (Mar 7) — total 23,321 shares converted from RSUs.
  • Shares withheld for taxes (disposed): 2,522 shares @ $10.92 = $27,540 (Mar 6) and 3,158 shares @ $10.92 = $34,485 (Mar 7); total withheld = 5,680 shares (~$62,025).
  • New award: 28,116 RSUs granted on Mar 9, 2026 (vest schedule per footnote F7: 33%/33%/34% over three years starting Mar 9, 2027).
  • Footnotes: F1/F3/F7 describe RSU vesting schedules; F2 denotes shares withheld to satisfy tax withholding; F4–F6 indicate shares held indirectly in trusts for which Mr. Weir is trustee. The report disclaims direct beneficial ownership except for pecuniary interest.
  • Filing timeliness: Form filed 2026-03-10 covering Mar 6–9 events; appears to be filed within the normal two-business-day window.

Context

  • These were RSU vesting/conversion events (transaction code M for conversion/exercise and F for shares withheld to cover taxes). This is effectively a cashless withholding to meet tax obligations, not an open-market sale or purchase. As a 10% owner and trustee, holdings are reported largely as indirect via trusts per the footnotes; this report reflects compensation-related equity activity rather than an independent stock purchase or sale.

Insider Transaction Report

Form 4
Period: 2026-03-06
Weir Jaspar
DirectorPresident10% Owner
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-06+10,3551,018,588 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-06$10.92/sh2,522$27,5401,016,066 total
  • Exercise/Conversion

    Class A Common Stock

    [F3]
    2026-03-07+12,9661,029,032 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-07$10.92/sh3,158$34,4851,025,874 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-0610,3550 total
    Class A Common Stock (10,355 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-0712,96626,326 total
    Class A Common Stock (12,966 underlying)
  • Award

    Restricted Stock Units

    [F7]
    2026-03-09+28,11628,116 total
    Class A Common Stock (28,116 underlying)
Holdings
  • Class A Common Stock

    [F4]
    (indirect: See Footnote)
    1,118,320
  • Class A Common Stock

    [F5]
    (indirect: See Footnote)
    1,204,407
  • Class A Common Stock

    [F6]
    (indirect: See Footnote)
    129,936
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 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 Jasper Weir Family Trust, of which the Reporting Person is the trustee.
  • [F5]Reflects shares of Class A Common Stock held by The Weir 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
  • [F6]Reflects shares of Class A Common Stock held by The Weir 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.
  • [F7]Each 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_1773181455.xmlPrimary

    FORM 4