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TaskUs (NASDAQ: TASK) CFO settles RSUs, withholds shares for tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TaskUs, Inc. Chief Financial Officer Balaji Sekar exercised restricted stock units into Class A common stock and had shares withheld to cover taxes. On March 26, 2026, 28,338 RSUs were converted into 28,338 shares of Class A common stock at a stated exercise price of $0.00 per share.

In connection with this settlement, 6,901 shares were withheld at $6.54 per share to satisfy tax withholding obligations, leaving Sekar with 230,059 shares of Class A common stock held directly after the transactions. The RSUs underlying these transactions vest annually over three years, with 33% on March 15, 2025, 33% on March 15, 2026, and 34% on March 15, 2027, and may be settled in stock, cash, or a combination.

Positive

  • None.

Negative

  • None.
Insider Sekar Balaji
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 28,338 $0.00 --
Exercise Class A Common Stock 28,338 $0.00 --
Tax Withholding Class A Common Stock 6,901 $6.54 $45K
Holdings After Transaction: Restricted Stock Units — 29,198 shares (Direct); Class A Common Stock — 236,960 shares (Direct)
Footnotes (1)
  1. 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. Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations.
RSUs exercised 28,338 units Restricted stock units converted on March 26, 2026
Shares issued from RSUs 28,338 shares Class A common stock received upon RSU settlement
Tax withholding shares 6,901 shares Shares withheld to satisfy tax obligations
Withholding price $6.54 per share Value applied to shares withheld for taxes
Shares held after 230,059 shares CFO’s direct Class A holdings post-transaction
RSU vesting 2025 33% Vesting tranche on March 15, 2025
RSU vesting 2026 33% Vesting tranche on March 15, 2026
RSU vesting 2027 34% Final vesting tranche on March 15, 2027
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"receive one share of Class A common stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"represents a contingent right to receive one share of Class A common stock"
tax withholding obligations financial
"withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sekar Balaji

(Last)(First)(Middle)
C/O TASKUS, INC.
1650 INDEPENDENCE DRIVE, SUITE 100

(Street)
NEW BRAUNFELS TEXAS 78132

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TaskUs, Inc. [ TASK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock03/26/2026M28,338A(1)236,960D
Class A Common Stock03/26/2026F(2)6,901D$6.54230,059D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/26/2026M28,338 (1) (1)Class A Common Stock28,338$029,198D
Explanation of Responses:
1. 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.
2. Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations.
Remarks:
/s/ Claudia Walsh, as Attorney-in-fact03/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TaskUs (TASK) disclose for CFO Balaji Sekar?

TaskUs disclosed that CFO Balaji Sekar exercised 28,338 restricted stock units into an equal number of Class A common shares. The event also included a share withholding to cover taxes, and increased his directly held Class A share position to 230,059 shares after the transactions.

How many TaskUs (TASK) shares were withheld for taxes in this Form 4?

In this Form 4, 6,901 shares of TaskUs Class A common stock were withheld at $6.54 per share. These shares were retained by the issuer solely to satisfy tax withholding obligations arising from the settlement of vested restricted stock units awarded to the CFO.

How many TaskUs (TASK) RSUs did the CFO settle and convert to shares?

The CFO settled and converted 28,338 restricted stock units into 28,338 shares of TaskUs Class A common stock. Each RSU represents a contingent right to receive one share upon vesting, settled in either stock, cash, or a combination, as specified in the award terms.

What are the vesting terms of the TaskUs (TASK) RSUs in this filing?

The RSUs in this filing vest over three years: 33% on March 15, 2025, 33% on March 15, 2026, and 34% on March 15, 2027. Upon vesting, each restricted stock unit may be settled in Class A common stock, cash, or a mix of both, per the award agreement.

How many TaskUs (TASK) Class A shares does the CFO hold after these transactions?

Following these transactions, CFO Balaji Sekar directly holds 230,059 shares of TaskUs Class A common stock. This figure reflects the newly issued shares from the RSU settlement, net of the 6,901 shares withheld by the company to satisfy associated tax withholding obligations.

Was this TaskUs (TASK) insider transaction an open-market sale or a tax withholding event?

The filing shows no open-market sale; instead, 6,901 shares were withheld to cover tax obligations. This is labeled as a tax-withholding disposition, meaning the company retained shares from the RSU settlement to pay taxes rather than the CFO selling shares in the market.
Taskus, Inc.

NASDAQ:TASK

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607.67M
16.42M
Information Technology Services
Services-computer Processing & Data Preparation
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United States
NEW BRAUNFELS