TaskUs, Inc.·4

Mar 10, 6:25 PM ET

Sekar Balaji 4

4 · TaskUs, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

TaskUs (TASK) CFO Sekar Balaji Converts RSUs; Shares Withheld

What Happened

  • Sekar Balaji, Chief Financial Officer of TaskUs, had restricted stock units (RSUs) vest and converted to Class A common shares on March 6–7, 2026. A total of 36,378 RSUs converted to shares (10,445 on 3/6 and 25,933 on 3/7).
  • To satisfy tax-withholding obligations, 8,904 shares were withheld (2,589 shares on 3/6 and 6,315 shares on 3/7) at a withholding value of $10.92 per share, totaling about $97,232. The filings show the RSU-to-share conversions as derivative exercises (code M) and the withholdings as tax withholding dispositions (code F).

Key Details

  • Transaction dates: March 6, 2026 and March 7, 2026.
  • RSUs converted (acquired): 10,445 (3/6) and 25,933 (3/7) — total 36,378 shares.
  • Shares withheld for taxes (disposed): 2,589 (3/6) and 6,315 (3/7) at $10.92/share — total withheld 8,904 shares, ~$97,232.
  • Filings note RSU vesting schedules (footnotes): some RSUs vested March 6 (multi-year grant series) and others vest beginning March 7 (multi-year grant series). F2 indicates shares withheld to cover tax withholding.
  • Shares owned following the transactions were not specified in the provided excerpt.
  • Filing date: March 10, 2026 — this is the standard timely Form 4 filing (within two business days after the March 6–7 transactions).

Context

  • These transactions reflect RSU vesting and settlement, not open-market purchases or voluntary sales. Withholding shares to cover taxes is a common cashless settlement method and does not necessarily indicate a bullish or bearish view by the insider.
  • The M code indicates conversion/exercise of a derivative (RSU settlement); the F code reflects shares withheld to satisfy tax obligations.

Insider Transaction Report

Form 4
Period: 2026-03-06
Sekar Balaji
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-06+10,445191,593 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-06$10.92/sh2,589$28,272189,004 total
  • Exercise/Conversion

    Class A Common Stock

    [F3]
    2026-03-07+25,933214,937 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-07$10.92/sh6,315$68,960208,622 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-0610,4450 total
    Class A Common Stock (10,445 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-0725,93352,652 total
    Class A Common Stock (25,933 underlying)
Footnotes (3)
  • [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.
Signature
/s/ Claudia Walsh, as Attorney-in-fact|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773181503.xmlPrimary

    FORM 4