Skillsoft insider exercises 4,000 RSUs, withholds shares
Skillsoft Corp. interim CLO and General Counsel Scott Semel reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Skillsoft Corp. interim CLO and General Counsel Scott Semel reported equity compensation activity involving restricted stock units and common shares. On March 1, 2026, he exercised 4,000 restricted stock units, which converted into 4,000 shares of Class A common stock at a stated price of $0.00 per share, reflecting a non-cash derivative exercise.
In a related transaction that same day, 1,152 shares of Class A common stock were disposed of at $4.19 per share to satisfy tax withholding obligations upon vesting, as noted in the footnotes. After these transactions, Semel directly owned 10,690 shares of Class A common stock. Each restricted stock unit represents a right to receive one share of Class A common stock, and the unit award referenced in the footnotes vests in six equal monthly installments beginning December 1, 2025, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,152 | $4.19 | $5K |
Footnotes (3)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
- F2. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. The restricted stock units vest in six equal monthly installments beginning December 1, 2025, subject to the Reporting Person remaining continuously employed through each vest date.
FAQ
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What insider transactions did Skillsoft (SKIL) executive Scott Semel report?
Were Scott Semel’s Skillsoft (SKIL) transactions open-market buys or sells?
How do Skillsoft (SKIL) restricted stock units work in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.