[Form 4] Skillsoft Corp. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skillsoft Corp. Chief Accounting Officer Keith C. Swiniarski reported routine equity compensation activity involving restricted stock units. He exercised 625 restricted stock units into the same number of Class A Common Stock shares, reflecting scheduled vesting.
To cover tax withholding obligations upon vesting, 152 shares were withheld by the company at 6.64 per share, a non-market, tax-related disposition. After these transactions, Swiniarski directly holds 3,835 Class A shares and 1,875 restricted stock units, which vest in four equal annual installments beginning July 1, 2026, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
625 shares exercised/converted
Mixed
3 txns
Insider
Swiniarski Keith C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Class A Common Stock | 625 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 152 | $6.64 | $1K |
Holdings After Transaction:
Restricted Stock Units — 1,875 shares (Direct, null);
Class A Common Stock — 3,835 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 four equal annual installments beginning July 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date.
Key Figures
RSUs vested and exercised: 625 shares
Shares withheld for taxes: 152 shares at 6.64 per share
Shares held after transaction: 3,835 shares
+2 more
5 metrics
RSUs vested and exercised
625 shares
Restricted stock units converting into Class A Common Stock
Shares withheld for taxes
152 shares at 6.64 per share
Tax withholding upon RSU vesting
Shares held after transaction
3,835 shares
Direct holdings of Class A Common Stock after reported events
Remaining RSU balance
1,875 units
Restricted stock units outstanding after this vesting
RSU vesting start date
July 1, 2026
Four equal annual installments from this date, employment-contingent
Key Terms
Restricted Stock Units, tax withholding obligations, contingent right, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting."
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."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer."
derivative security financial
"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.
vest in four equal annual installments financial
"The restricted stock units vest in four equal annual installments beginning July 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date."
