Skillsoft director receives 17,500 RSU award
MILLS KAREN G 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
MILLS KAREN G reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Karen G. Mills received a grant of 17,500 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one share of Class A Common Stock.
The RSUs vest on the earlier of the one-year anniversary of the grant date or the company’s next annual stockholder meeting, as long as she continues serving. Following this grant, her reported RSU holdings from this award total 17,500 units.
Insider Trade Summary
Grant/Award: 17,500 shares
Grant/Award
1 txn
Insider
MILLS KAREN G
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
RSU grant price: $0.00 per unit
Underlying shares: 17,500 shares
+1 more
4 metrics
RSUs granted
17,500 units
Restricted Stock Units awarded to director on June 30, 2026
RSU grant price
$0.00 per unit
Equity compensation, not an open-market purchase
Underlying shares
17,500 shares
Class A Common Stock underlying the RSUs
RSUs following transaction
17,500 units
Total reported RSUs from this award after grant
Key Terms
Restricted Stock Units, Class A Common Stock, vest, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"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"
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.
annual meeting of stockholders financial
"or (ii) the date of the Issuer's next annual meeting of stockholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Skillsoft (SKIL) director Karen G. Mills report in this Form 4?
Karen G. Mills reported receiving 17,500 Restricted Stock Units from Skillsoft as equity compensation. These RSUs are derivative securities that can convert into Class A Common Stock if vesting conditions tied to time and continued service are met.
How many Skillsoft (SKIL) Restricted Stock Units were granted to Karen G. Mills?
She was granted 17,500 Restricted Stock Units. Each unit represents a contingent right to receive one share of Skillsoft Class A Common Stock, giving her potential future ownership if the award fully vests under the stated time and service conditions.
What are the vesting conditions for Karen G. Mills’ Skillsoft (SKIL) RSU grant?
The RSUs vest on the earlier of the one-year anniversary of the grant date or Skillsoft’s next annual stockholder meeting. Vesting is also conditioned on Karen G. Mills’ continued service to the company through the applicable vesting date.
Does the RSU grant to Karen G. Mills involve an immediate cash payment to Skillsoft (SKIL)?
No cash payment is involved in this RSU grant, which is priced at $0.00 per unit. It is an equity-based compensation award that may convert into Class A Common Stock upon vesting, rather than an open-market purchase transaction.
What does each Skillsoft (SKIL) Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit represents a contingent right to receive one share of Skillsoft’s Class A Common Stock. The rights become actual shares only if the vesting schedule is satisfied, aligning director compensation with potential future shareholder value.
How many Skillsoft (SKIL) RSUs does Karen G. Mills hold after this reported transaction?
After this reported transaction, her holdings from this RSU award total 17,500 units. This figure reflects the newly granted Restricted Stock Units, which remain subject to the vesting requirements based on time and continued service to Skillsoft.
AI-generated analysis. How Rhea-AI works. Not financial advice.
