Skillsoft director granted 17,500 RSUs
Gilliland Arthur W reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Gilliland Arthur W reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Arthur W. Gilliland reported receiving a grant of 17,500 restricted stock units. Each unit represents the right to receive one share of Class A common stock. The award vests on the earlier of one year from grant or the company’s next annual stockholders’ meeting, subject to his continued service.
Insider Trade Summary
Grant/Award: 17,500 shares
Grant/Award
1 txn
Insider
Gilliland Arthur W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,500 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 17,500 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F2. 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 granted: 17,500 units
Underlying shares: 17,500 shares
Grant price per unit: $0.00 per unit
+1 more
4 metrics
RSUs granted
17,500 units
Restricted stock units granted to director on 2026-06-30
Underlying shares
17,500 shares
Class A common stock underlying the RSUs
Grant price per unit
$0.00 per unit
RSU grant/award acquisition, non-cash compensation
Holdings after grant
17,500 units
Total restricted stock units held following transaction
Key Terms
Restricted Stock Units, Class A Common Stock, annual meeting of stockholders, Grant, award, or other acquisition
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.
annual meeting of stockholders financial
"The restricted stock units vest on the earlier of the one-year anniversary or the date of the Issuer's next annual meeting of stockholders."
Grant, award, or other acquisition financial
"The transaction code description is Grant, award, or other acquisition for these restricted stock units."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Skillsoft (SKIL) director Arthur W. Gilliland report?
Arthur W. Gilliland reported receiving a grant of 17,500 restricted stock units. These units are a form of equity compensation, each convertible into one share of Skillsoft Class A common stock if vesting conditions tied to continued service are satisfied.
How many Skillsoft (SKIL) restricted stock units were granted to Arthur W. Gilliland?
Arthur W. Gilliland was granted 17,500 restricted stock units. The filing shows that following this grant he holds 17,500 units, each representing a contingent right to receive one share of Skillsoft Class A common stock upon vesting, if service conditions are met.
When do Arthur W. Gilliland’s Skillsoft (SKIL) restricted stock units vest?
The restricted stock units vest on the earlier of one year after the grant date or the next annual stockholders’ meeting. Vesting is conditioned on Arthur W. Gilliland’s continued service to Skillsoft, meaning he must remain in his role through the applicable vesting date.
What does each Skillsoft (SKIL) restricted stock unit granted to Arthur W. Gilliland represent?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft Class A common stock. The units do not convert immediately; they deliver shares only once the specified vesting schedule and continued service requirements described in the filing are satisfied.
Was Arthur W. Gilliland’s Skillsoft (SKIL) RSU grant a market purchase or a compensation award?
The transaction is categorized as a grant or award acquisition, not a market purchase. The Form 4 uses transaction code “A” for grant, and the price per unit is shown as $0.00, indicating restricted stock units awarded as part of his compensation rather than bought on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
