Skillful Craftsman CEO signs $1 salary contract

Skillful Craftsman Education Technology Limited entered into a new Employment Agreement with its Chief Executive Officer, Bin Fu, effective May 1, 2026.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

6-K

Rhea-AI Filing Summary

Skillful Craftsman Education Technology Limited entered into a new Employment Agreement with its Chief Executive Officer, Bin Fu, effective May 1, 2026. The agreement sets a one-year term for his role as CEO.

Under the contract, Mr. Fu will receive a symbolic annual base salary of $1 and will be eligible for an annual cash bonus at the sole discretion of the Board of Directors. The full Employment Agreement is attached as an exhibit and incorporated by reference.

Key Figures

CEO annual base salary: $1 per year Agreement term: one year Agreement effective date: May 1, 2026 +1 more

4 metrics

CEO annual base salary $1 per year Compensation for CEO Bin Fu under Employment Agreement

Agreement term one year Duration of CEO Employment Agreement

Agreement effective date May 1, 2026 Start date of CEO Employment Agreement

Exhibit number 10.1 Employment Agreement filed as exhibit

Key Terms

Employment Agreement, annual cash bonus, foreign private issuer, Form 6-K

4 terms

Employment Agreement financial

"entered into an Employment Agreement (the “Agreement”) with Mr. Bin Fu"

annual cash bonus financial

"will be eligible for an annual cash bonus in the Board’s sole discretion"

foreign private issuer regulatory

"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

Form 6-K regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Skillful Craftsman (EDTK) announce regarding its CEO Bin Fu?

Skillful Craftsman Education Technology Limited entered into a new one-year Employment Agreement with CEO Bin Fu effective May 1, 2026. The agreement formalizes his continued service as chief executive and sets out his compensation structure, including a symbolic base salary and potential bonus.

What is the salary for Skillful Craftsman (EDTK) CEO Bin Fu under the new agreement?

Under the new Employment Agreement, CEO Bin Fu will receive an annual base salary of $1. This nominal salary structure is explicitly stated in the contract, with additional potential compensation only through a discretionary annual cash bonus determined by the Board of Directors.

Is Skillful Craftsman (EDTK) CEO Bin Fu eligible for a bonus?

Yes. The Employment Agreement states that CEO Bin Fu is eligible for an annual cash bonus. Any bonus amount will be determined entirely at the Board’s sole discretion, meaning there is no guaranteed bonus level or formula provided in the disclosed summary.

How long is the new CEO Employment Agreement at Skillful Craftsman (EDTK)?

The Employment Agreement for CEO Bin Fu has a one-year term, starting May 1, 2026. This defined term specifies the period during which he will serve under the current contractual conditions, subject to any future renewals, amendments, or replacement agreements not described here.

When did the new Employment Agreement for Skillful Craftsman (EDTK) CEO become effective?

The Employment Agreement for CEO Bin Fu became effective on May 1, 2026. This effective date marks the start of the one-year term during which the disclosed compensation structure, including the $1 annual salary and discretionary bonus eligibility, will apply.

Where can investors find the full Employment Agreement for Skillful Craftsman (EDTK) CEO?

The full Employment Agreement between Skillful Craftsman Education Technology Limited and CEO Bin Fu is filed as Exhibit 10.1 to the report. It is incorporated by reference, meaning investors can review complete contract terms in that exhibit for detailed provisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 05/07/2026 - 04:30 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission file number: 001-39360

SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED

7th Floor, West Lobby, Building 7B

Shenzhen Bay Science and Technology Ecological Park

Nanshan District, Shenzhen, Guangdong Province, China

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

On May 1, 2026, Skillful Craftsman Education Technology Limited (the “Company”) entered into an Employment Agreement (the “Agreement”) with Mr. Bin Fu, the Chief Executive Officer of the Company, to serve in such position for one-year term, effective on May 1, 2026. Under the terms of the Agreement, Mr. Fu will receive an annual salary of $1, and will be eligible for an annual cash bonus in the Board’s sole discretion.

The foregoing description of the Agreement is only a summary of the terms of the Agreement and does not purport to be a complete description of such document, and is qualified in its entirety by reference to the Agreement, a copy of which is attached as an exhibit hereto and which is incorporated herein by reference.

EXHIBIT INDEX

Exhibit Number		Description
10.1		Employment Agreement by and between Skillful Craftsman Education Technology Limited and Bin Fu dated May 1, 2026

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED
	(Registrant)

	By:	/s/ Bin Fu
	Name:	Bin Fu
	Title:	Chief Executive Officer

Date: May 7, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

1 document

Agreements & Contracts

EX-10.1 EX-10.1 49.5 KB