Johnson Jarrod 4
4 · TaskUs, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
TaskUs (TASK) CCO Jarrod Johnson Exercises RSUs; Shares Withheld
What Happened Jarrod Johnson, Chief Customer Officer of TaskUs (TASK), had 28,338 restricted stock units (RSUs) convert/settle on March 26, 2026. To cover tax withholding obligations, 7,293 of those shares were withheld at a reported value of $6.54 per share, generating approximately $47,696. The conversion of RSUs is not a purchase; it is the settlement of previously granted awards.
Key Details
- Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (filed within the typical two-business-day window).
- Reported entries:
- Code M (exercise/conversion of derivative): 28,338 RSUs converted to shares.
- Code F (payment of tax liability): 7,293 shares withheld at $6.54/share for taxes — proceeds ≈ $47,696.
- Implied net shares received: 28,338 − 7,293 = 21,045 shares (implied by the withholding; filing excerpt does not state final delivered share count explicitly).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 – RSUs represent contingent rights to one share and vest annually (33% Mar 15, 2025; 33% Mar 15, 2026; 34% Mar 15, 2027). F2 – Withholding was done in shares to satisfy tax obligations.
Context This was an RSU settlement (conversion of a derivative-like award) with shares withheld to cover taxes — effectively a cashless withholding, not an open-market sale or a purchase. Such transactions are common as RSUs vest and do not, by themselves, signal a buy or sell opinion by the insider. Transaction codes: M = exercise/conversion of derivative (RSU settlement), F = shares withheld for tax withholding.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-26+28,338→ 68,829 total - Tax Payment
Class A Common Stock
[F2]2026-03-26$6.54/sh−7,293$47,696→ 61,536 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-26−28,338→ 29,198 total→ Class A Common Stock (28,338 underlying)
Footnotes (2)
- [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.