Arthur Gilliland (NYSE: SKIL) converts 6,250 RSUs to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skillsoft Corp. director Arthur W. Gilliland exercised restricted stock units into common shares. He converted 6,250 restricted stock units into 6,250 shares of Class A Common Stock, with no shares sold in this filing. Following the transaction, he directly holds 6,250 common shares and no remaining restricted stock units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,250 shares exercised/converted
Mixed
2 txns
Insider
Gilliland Arthur W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,250 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 6,250 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.
Key Figures
RSUs exercised: 6,250 units
Shares acquired: 6,250 shares
Shares held after: 6,250 shares
+1 more
4 metrics
RSUs exercised
6,250 units
Restricted Stock Units converted to shares on June 25, 2026
Shares acquired
6,250 shares
Class A Common Stock received from RSU exercise
Shares held after
6,250 shares
Total direct Class A holdings following the transaction
Remaining RSUs from grant
0 units
Derivative position related to these RSUs after exercise
Key Terms
Restricted Stock Units, Class A Common Stock, vest, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer."
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer."
FAQ
What insider transaction did Skillsoft (SKIL) director Arthur Gilliland report?
Arthur W. Gilliland reported exercising restricted stock units into common shares. He converted 6,250 restricted stock units into 6,250 shares of Skillsoft Class A Common Stock, reflecting a routine compensation-related equity settlement rather than an open-market trade.
What are the vesting terms of Arthur Gilliland’s Skillsoft (SKIL) restricted stock units?
Each restricted stock unit represents a right to one Skillsoft share. The units vest on the earlier of the one-year anniversary of the grant date or the company’s next annual stockholder meeting, subject to Arthur Gilliland’s continued service with Skillsoft through that vesting date.