Johnson Jarrod 4

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.