TaskUs (TASK) CEO Maddock acquired 161,593 shares
Insider transactions reported
Bryce Maddock (Chief Executive Officer at TaskUs Inc., TASK) reported that they acquired 161,593 shares, and gave up 56,944 shares at $13.67 to cover taxes or an exercise price on Mar 15, 2025. After these transactions the filing shows 1,021,540 shares held directly.
- Reporting person
- Maddock Bryce
- Role
- Chief Executive Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 15, 2025 | Exercise or conversion of a derivative (M) | Class A Common Stock1, 2 | +161,593 | - | - | 1,078,484 direct |
| Mar 15, 2025 | Shares withheld for taxes or exercise price (F) | Class A Common Stock3 | -56,944 | avg $13.67 | $778K | 1,021,540 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 15, 2025 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 161,593 Class A Common Stock1, 2, 4 | -161,593 | - | - | 68,899 direct |
Holdings before and after
- Class A Common Stock: 916,891 to 1,021,540 direct
- Restricted Stock Units: 280,898 to 68,899 direct
Footnotes from the filing
- 1. 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.
- 2. 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).
- 3. Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.
- 4. Represents an original amount of 1,102,354 restricted stock units that vest over four years in quarterly installments beginning on September 15, 2021.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Maddock report in this TASK Form 4?
Bryce Maddock (Chief Executive Officer at TaskUs Inc., TASK) reported that they acquired 161,593 shares, and gave up 56,944 shares at $13.67 to cover taxes or an exercise price on Mar 15, 2025. After these transactions the filing shows 1,021,540 shares held directly.
How many TASK shares does Maddock hold after this filing?
The filing shows 1,021,540 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for TASK
Earlier insider filings at TASK
- Mar 18, 2025Chief Operating Officer Daoust Stephan converted options into 28,338 shares and covered exercise/tax liability with 6,901 shares, increasing direct ownership by 343% to 27,683 units (SEC Form 4)
- Mar 18, 2025General Counsel Walsh Claudia F converted options into 28,338 shares and covered exercise/tax liability with 10,140 shares, increasing direct ownership by 30% to 77,990 units (SEC Form 4)
- Mar 18, 2025Chief Financial Officer Sekar Balaji converted options into 28,338 shares and covered exercise/tax liability with 6,901 shares, increasing direct ownership by 21% to 125,826 units (SEC Form 4)
- Mar 18, 2025Chief Customer Officer Johnson Jarrod converted options into 28,338 shares and covered exercise/tax liability with 6,901 shares (SEC Form 4)
- Mar 13, 2025Chief Customer Officer Johnson Jarrod sold $204,845 worth of shares (15,460 units at $13.25), closing all direct ownership in the company (SEC Form 4)
Keep researching TASK
- TASK insider tradesEvery buy and sale reported by TaskUs Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- TASK earnings historyPast TaskUs Inc. earnings releases, newest first.
- TASK financial statementsRevenue, profit, cash flow and balance sheet from TaskUs Inc.'s SEC filings.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 2021
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