STOCK TITAN

Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08

(Neutral)
(Very Positive)
Tags

Key Terms

restricted stock units financial
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
rsus financial
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
performance-based rsus financial
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
employment inducement exemption regulatory
An employment inducement exemption is a regulatory allowance that lets a public company grant stock or option awards to a new hire without getting prior shareholder approval, provided the awards are given solely to attract or retain that employee and meet specific limits and rules. Investors care because these one-off grants increase the total number of shares available and can dilute existing ownership and earnings per share, much like adding more slices to an already shared pie.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

BOSTON--(BUSINESS WIRE)-- Skillsoft Corp. (NYSE: SKIL) (“Skillsoft” or the “Company”), a leading AI-native skills management platform, today announced that on June 12, 2026, the Talent and Compensation Committee (the “Committee”) of Skillsoft’s Board of Directors (the “Board”) made a grant of 150,000 restricted stock units (“RSUs”) with respect to the Company’s Class A common stock to Ronald Kisling. The grant of RSUs was offered as a material inducement to Mr. Kisling’s hiring as Chief Financial Officer on May 19, 2026, and was made under Skillsoft’s 2024 Employment Inducement Incentive Award Plan, as amended (the “Inducement Plan”). Half (50%) of such RSUs vest ratably over four years; and the remaining 50% are performance-based RSUs, with vesting ranging from 0% to 200% of the target amount granted (up to 150,000 shares at 200%) on June 1, 2029, based on the achievement of specified annual bookings growth targets established by the Board of Directors and certified by the Committee, in each case, subject to Mr. Kisling’s continued employment with the Company through the vesting date.

The awards were granted in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards. The Company is issuing this press release pursuant to Rule 303A.08.

About Skillsoft

Skillsoft (NYSE: SKIL) is a global leader in skills management for the human + AI era. The AI-native Skillsoft platform gives a clear view of workforce capability, closes critical skill gaps, and proves the impact of skills on business outcomes. With Skillsoft, organizations can build AI-ready teams, lower the cost and time of workforce development, and reduce execution risk as work continues to change. Thousands of organizations worldwide trust Skillsoft to power workforce readiness. Learn more at skillsoft.com.

Investors   
Ross Collins
SKIL@alpha-ir.com 

Media   
Skillsoft PR   
PR@skillsoft.com   

Source: Skillsoft Corp.