Skillsoft director buys 25K shares at $5.14
A Skillsoft director increased his direct holdings to 132,736 shares through an open-market purchase.
Rhea-AI Filing Summary
Skillsoft Corp. (SKIL) reported that director Jim Frankola purchased 25,000 shares of its Class A common stock in an open-market or private transaction on September 15, 2026, at a weighted average price of $5.1438 per share. Following this purchase, he directly holds 132,736 shares of Skillsoft common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
1 txn
Insider
FRANKOLA JIM
Role
Director
Bought
25,000 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1 | 25,000 | $5.1438 | $129K |
Holdings After Transaction:
Class A Common Stock — 132,736 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.85 to $5.90, inclusive. The reporting person undertakes to provide to Skillsoft Corp., any security holder of Skillsoft Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range
Key Figures
Shares purchased: 25,000 shares
Weighted average purchase price: $5.1438 per share
Post-transaction direct holdings: 132,736 shares
+1 more
4 metrics
Shares purchased
25,000 shares
Open-market or private purchase by director on September 15, 2026
Weighted average purchase price
$5.1438 per share
Average price for the 25,000 shares bought on September 15, 2026
Post-transaction direct holdings
132,736 shares
Director’s direct ownership after the September 15, 2026 purchase
Purchase price range
$4.85 to $5.90 per share
Range of individual trade prices within the reported purchase
Key Terms
weighted average price, open market or private transaction, Class A Common Stock
3 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Purchase in open market or private transaction"
Class A Common Stock financial
"These shares were purchased in multiple transactions"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SKIL report for director Jim Frankola?
Skillsoft reported that director Jim Frankola purchased 25,000 shares of Class A common stock on September 15, 2026 in an open-market or private transaction, increasing his direct ownership to 132,736 shares after the trade.
Was the September 15, 2026 SKIL insider purchase made under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for this transaction, and the footnote describes only the weighted average price and price range, without referencing any pre-arranged trading arrangement.
What security did the SKIL director acquire in the Form 4 transaction?
Director Jim Frankola acquired Class A common stock of Skillsoft Corp. The reported transaction covers 25,000 shares purchased on September 15, 2026, in the open market or a private transaction, at a weighted average price of $5.1438 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.