TaskUs president exercises 13,242 RSUs
TaskUs, Inc. president Jaspar Weir exercised 13,242 restricted stock units into Class A common shares.
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Rhea-AI Filing Summary
TaskUs, Inc. president Jaspar Weir exercised 13,242 restricted stock units into Class A common shares. The RSUs carried a $0.00 exercise price and convert one-for-one into Class A stock, with vesting scheduled in three annual installments through March 15, 2027.
To cover tax obligations on the vesting, 3,225 Class A shares were withheld at $6.54 per share rather than sold on the open market. After these transactions, Weir holds 1,035,891 Class A shares directly, and additional Class A shares are reported as held indirectly through several family trusts for which he serves as trustee or business trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,242 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 13,242 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,225 | $6.54 | $21K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. Represents shares withheld in connection with the settlement of vested restricted stock units to cover tax withholding obligations.
- F3. Reflects securities held by The Weir 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
- F4. Reflects securities held by Jasper Weir Family Trust, of which the Reporting Person is the trustee.
- F5. Reflects securities held by The Weir 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
business trustee financial
family trust financial
indirect ownership financial
FAQ
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What insider transaction did TaskUs (TASK) president Jaspar Weir report?
How do the TaskUs (TASK) restricted stock units for Jaspar Weir vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.