TaskUs (NASDAQ: TASK) CFO equity award vests; shares withheld to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TaskUs, Inc. Chief Financial Officer Balaji Sekar reported equity compensation activity involving the company’s Class A common stock. On March 3, 2026, he acquired 8,730 shares at $0.00 per share through the vesting and settlement of previously granted performance-based restricted stock units for fiscal year 2025.
On the same date, 2,590 shares were disposed of at $10.92 per share to cover tax withholding obligations related to this vesting. Following these transactions, he directly held 181,148 shares of TaskUs Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sekar Balaji
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,730 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,590 | $10.92 | $28K |
Holdings After Transaction:
Class A Common Stock — 183,738 shares (Direct)
Footnotes (1)
- On March 7, 2025, the Reporting Person was granted restricted stock units subject to performance-based vesting conditions ("PSUs"). On March 3, 2026, the Compensation Committee of the Issuer's Board of Directors certified these PSUs as meeting the performance threshold that resulted in vesting of the number of PSUs as reported herein for the relevant performance period of fiscal year 2025 and these PSUs, which were not previously reported, were deemed earned and vested immediately and settled into shares of the Issuer's Class A common stock on a one-for-one basis. Represents shares of Class A common stock withheld in connection with the vesting of PSUs, as described herein, to cover tax withholding obligations.
FAQ
What insider transactions did TaskUs (TASK) report for CFO Balaji Sekar?
TaskUs reported that CFO Balaji Sekar acquired 8,730 shares of Class A common stock through vesting of performance-based restricted stock units, and disposed of 2,590 shares to satisfy related tax withholding obligations, all recorded on March 3, 2026.
What is the background of the performance-based stock units reported by TaskUs (TASK)?
On March 7, 2025, TaskUs granted Balaji Sekar performance-based restricted stock units. On March 3, 2026, the Compensation Committee certified that performance thresholds for fiscal 2025 were met, causing 8,730 units to vest and convert into Class A common shares.