TaskUs, Inc. Schedule 13G reports that Saba Capital Management, L.P., Saba Capital Management GP, LLC and Boaz R. Weinstein (the Reporting Persons) together beneficially own 1,874,098 common shares, representing 5.27% of common stock.
The filing states the percentage is calculated using 35,528,558 shares outstanding as of 2/25/26, per TaskUs's Form 10-K. The shares are held for funds and accounts advised by Saba Capital; the filing is submitted under a Joint Filing Agreement dated March 9, 2026.
Positive
None.
Negative
None.
Insights
Saba reports a 5.27% beneficial stake in TaskUs via managed funds.
Saba Capital and related entities report beneficial ownership of 1,874,098 shares, calculated on an outstanding base of 35,528,558 shares as of 2/25/26. The position is disclosed on a Schedule 13G under a joint filing arrangement dated March 9, 2026.
Holder disclosures indicate the shares are held by funds and accounts advised by Saba Capital; the filing does not specify trading intent or planned transactions.
The filing clarifies shared voting and dispositive power without sole control.
Cover-page rows show shared voting power and shared dispositive power of 1,874,098 for each Reporting Person, with no sole powers reported. A Joint Filing Agreement governs joint disclosures among the Reporting Persons.
Materiality is limited to disclosure: the position crosses the 5% threshold but the Schedule 13G format signals passive/qualifying ownership rather than an active solicitation or takeover intent.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
TaskUs, Inc.
(Name of Issuer)
Common Shares, par value $0.01
(Title of Class of Securities)
03/02/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Saba Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,874,098.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,874,098.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,874,098.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.27 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 35,528,558 shares of common stock outstanding as of 2/25/26, as disclosed in the company's Form 10-K filed 3/5/26.
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Boaz R. Weinstein
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,874,098.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,874,098.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,874,098.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.27 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 35,528,558 shares of common stock outstanding as of 2/25/26, as disclosed in the company's Form 10-K filed 3/5/26.
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Saba Capital Management GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,874,098.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,874,098.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,874,098.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.27 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 35,528,558 shares of common stock outstanding as of 2/25/26, as disclosed in the company's Form 10-K filed 3/5/26.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
TaskUs, Inc.
(b)
Address of issuer's principal executive offices:
1650 Independence Drive, Suite 100, New Braunfels, TEXAS 78132
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated March 9, 2026, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Common Shares, par value $0.01
(e)
CUSIP No.:
87652V109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not Applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
Not Applicable
(iii) Sole power to dispose or to direct the disposition of:
Not Applicable
(iv) Shared power to dispose or to direct the disposition of:
Not Applicable
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
03/09/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
03/09/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
03/09/2026
Comments accompanying signature: * Pursuant to a Power of Attorney dated as of November 16, 2015
Exhibit Information
Exhibit 1 - Joint Filing Agreement pursuant to Rule 13d-1(k).
What stake does Saba Capital report in TaskUs (TASK)?
Saba Capital reports beneficial ownership of 1,874,098 shares, equal to 5.27% of common stock. The percentage uses 35,528,558 shares outstanding as of 2/25/26, per the company’s Form 10-K cited in the filing.
Who are the Reporting Persons on the TaskUs Schedule 13G?
The Reporting Persons are Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein. They filed jointly under a Joint Filing Agreement dated March 9, 2026.
Does the Schedule 13G state whether Saba has sole voting control of TaskUs shares?
No; the cover rows show 0 sole voting power and list 1,874,098 shared voting power. The filing reports shared, not sole, voting and dispositive power for the position.
What outstanding share count did the filing use to calculate the percentage?
The percentage is calculated using 35,528,558 shares outstanding as of 2/25/26, disclosed in TaskUs’s Form 10-K filed on 3/5/26, as noted in the Schedule 13G comment.
Who receives dividends or sale proceeds from the TaskUs shares held by Saba?
Funds and accounts advised by Saba Capital have the right to receive dividends and proceeds from sales of the Common Stock, as stated in the filing.
