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TaskUs, Inc.·4

Mar 30, 6:31 PM ET

Maddock Bryce 4

4 · TaskUs, Inc. · Filed Mar 30, 2026

Research Summary

AI-generated summary of this filing

Updated

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

What Happened
Bryce Maddock, CEO of TaskUs (TASK), converted/settled 92,696 restricted stock units (RSUs) into Class A common shares on March 26, 2026. In connection with that settlement, 36,476 shares were withheld to cover tax withholding obligations at $6.54 per share, for a withholding value of about $238,553. The filing also records a derivative line at $0.00 related to the conversion (a non‑cash bookkeeping entry).

Key Details

  • Transaction date: March 26, 2026. Form filed March 30, 2026 (late filing).
  • Primary action: Conversion/settlement of 92,696 RSUs (transaction code M).
  • Tax withholding: 36,476 shares withheld (transaction code F) at $6.54/share → ~$238,553 withheld.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Relevant footnotes:
    • F1: RSUs vest annually (33% Mar 15, 2025; 33% Mar 15, 2026; 34% Mar 15, 2027) and may be settled in stock or cash.
    • F2: Withholding shares were used to cover tax obligations.
    • F3–F5: Some securities are held by trusts (The Bryce Maddock Family Trust and two Maddock 2015 trusts) of which the reporting person is trustee/business trustee.
  • Timeliness: The report was marked late (filed 4 days after the reported transaction date), which reduces near‑term transparency.

Context

  • This was a vesting/settlement of RSUs rather than an open‑market purchase or voluntary sale; withholding shares for taxes is a routine administrative action and not a directional market bet.
  • Transaction codes: M = exercise/conversion of a derivative (here RSU settlement); F = shares withheld to satisfy tax obligations.
  • No cash proceeds were reported from a sale of the vested shares aside from the tax withholding; the $0.00 derivative line reflects the non‑cash conversion bookkeeping.

Insider Transaction Report

Form 4
Period: 2026-03-26
TaskUs, Inc.TASK
Maddock Bryce
DirectorChief Executive Officer10% Owner
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-03-26+92,696→ 1,282,940 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-03-26$6.54/sh−36,476$238,553→ 1,246,464 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-26−92,696→ 95,506 total
    → Class A Common Stock (92,696 underlying)
Holdings

  • Class A Common Stock

    [F3]
    (indirect: See Footnote)
    1,118,321

  • Class A Common Stock

    [F4]
    (indirect: See Footnote)
    1,193,789

  • Class A Common Stock

    [F5]
    (indirect: See Footnote)
    140,553
Footnotes (5)
  • [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 15, 2025; 33% on March 15, 2026; and 34% on March 15, 2027.
  • [F2]Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations.
  • [F3]Reflects securities held by The Bryce Maddock Family Trust, of which the Reporting Person is the trustee.
  • [F4]Reflects securities held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
  • [F5]Reflects securities held by The Maddock 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.
Signature
/s/ Claudia Walsh, as Attorney-in-fact|2026-03-30

Documents

1 file
  • 4
    wk-form4_1774909889.xmlPrimary

    FORM 4