TaskUs (TASK) president Jaspar Weir reports PSU vesting and tax share withholding
Rhea-AI Filing Summary
TaskUs, Inc. president and 10% owner Jaspar Weir reported equity compensation activity involving performance-based restricted stock units (PSUs) that vested into Class A common stock for the fiscal year 2025 performance period.
On March 3, 2026, PSUs granted on June 3, 2024 and March 7, 2025 were certified as having met performance thresholds and vested, resulting in 8,889 and 4,365 shares of Class A common stock being acquired at 0.0000 per share. In connection with these vestings, 2,165 and 1,064 shares were disposed of at 10.9200 per share to cover tax withholding obligations rather than sold on the open market.
Following these transactions, Weir held 1,008,233 Class A shares directly, and additional Class A shares indirectly through the Jasper Weir Family Trust, The Weir 2015 Irrevocable Trust, and The Weir 2015 Exempt Irrevocable Trust, where he serves as trustee or business trustee.
Positive
- None.
Negative
- None.
Insights
Routine PSU vesting for TaskUs president with tax withholding, not open-market trading.
The filing shows performance-based RSUs (PSUs) granted in 2024 and 2025 vested on March 3, 2026 after meeting performance thresholds for the fiscal year 2025 period. This triggered delivery of 8,889 and 4,365 Class A shares as equity compensation.
To satisfy tax obligations on these vestings, 2,165 and 1,064 shares were disposed of at 10.9200 per share under code F, which indicates shares withheld for taxes rather than discretionary selling. This is a common administrative mechanism with no cash proceeds to the insider.
Post-transaction, Jaspar Weir held 1,008,233 Class A shares directly, plus additional indirect holdings through the Jasper Weir Family Trust and two 2015 irrevocable trusts where he is trustee. The activity is consistent with standard executive incentive structures and does not, by itself, signal a change in outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,889 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 4,365 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,165 | $10.92 | $24K |
| Tax Withholding | Class A Common Stock | 1,064 | $10.92 | $12K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- On June 3, 2024, 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. 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. Reflects shares of Class A Common Stock held by Jasper Weir Family Trust, of which the Reporting Person is the trustee. Reflects shares of Class A Common Stock held by The Weir 2015 Irrevocable Trust, of which the Reporting Person is the business trustee. Reflects shares of Class A Common Stock held by The Weir 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.