TaskUs CFO equity award vests, shares withheld for tax
TaskUs, Inc. Chief Financial Officer Balaji Sekar reported equity compensation activity involving the company’s Class A common stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,730 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,590 | $10.92 | $28K |
Footnotes (2)
- F1. 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.
- F2. Represents shares of Class A common stock withheld in connection with the vesting of PSUs, as described herein, to cover tax withholding obligations.
FAQ
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What insider transactions did TaskUs (TASK) report for CFO Balaji Sekar?
What is the background of the performance-based stock units reported by TaskUs (TASK)?
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