[Form 4] Skillsoft Corp. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skillsoft Corp. interim CLO and General Counsel Scott Semel reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 1, 2026, he exercised RSUs covering 4,000 shares of Class A Common Stock, converting them into common shares. In connection with this vesting, 1,174 shares were withheld by the company to satisfy tax withholding obligations, rather than sold on the open market. Following these transactions, Semel directly holds 17,516 shares of Skillsoft Class A Common Stock. The filing reflects standard compensation-related equity vesting and associated tax treatment, not discretionary buying or selling of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Mixed
3 txns
Insider
Semel Scott
Role
Interim CLO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,174 | $8.28 | $10K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 17,516 shares (Direct, null)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting. 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 in six equal monthly installments beginning December 1, 2025, subject to the Reporting Person remaining continuously employed through each vest date.
Key Figures
Shares withheld for tax: 1,174 shares
RSUs converted: 4,000 units
Holding after transactions: 17,516 shares
+1 more
4 metrics
Shares withheld for tax
1,174 shares
Class A Common Stock withheld to satisfy tax obligations
RSUs converted
4,000 units
Restricted stock units exercised into Class A Common Stock
Holding after transactions
17,516 shares
Class A Common Stock directly held after Form 4 events
Implied tax price
$8.28 per share
Value used for 1,174 shares withheld for tax obligations
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, derivative security
4 terms
Restricted Stock Units financial
"The restricted stock units vest in six equal monthly installments beginning December 1, 2025"
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.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
