Sekar Balaji 4

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.