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Skillsoft (SKIL) director receives new restricted stock unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 two grants of restricted stock units as equity compensation. One grant covered 25,000 restricted stock units, each representing a contingent right to receive one share of Class A common stock. A second grant covered 6,250 restricted stock units. According to the footnotes, one award vests in three equal annual installments beginning on April 1, 2027, and another vests on the earlier of the one-year anniversary of the grant date or the company’s next annual stockholders’ meeting, in each case conditioned on his continued service.

Positive

  • None.

Negative

  • None.
Insider Gilliland Arthur W
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 25,000 $0.00 --
Grant/Award Restricted Stock Units 6,250 $0.00 --
Holdings After Transaction: Restricted Stock Units — 25,000 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. The restricted stock units will vest in three equal annual installments beginning April 1, 2027, subject to the Reporting Person's continued service. 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.
RSU grant size 25,000 restricted stock units Award to Arthur W. Gilliland on March 25, 2026
Additional RSU grant size 6,250 restricted stock units Second award to Arthur W. Gilliland on March 25, 2026
RSU vesting schedule Three equal annual installments Beginning April 1, 2027 for one RSU grant
Alternate vesting trigger Earlier of 1-year anniversary or next annual meeting Vesting condition for the other RSU grant
Underlying security Class A Common Stock Each RSU converts into one share upon vesting
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
"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.
vest financial
"The restricted stock units will vest in three equal annual installments"
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
"the date of the Issuer's next annual meeting of stockholders"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gilliland Arthur W
(Last)(First)(Middle)
300 INNOVATIVE WAY
SUITE 2210
(Street)
NASHUA NEW HAMPSHIRE 03062
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Skillsoft Corp. [ SKIL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/25/2026A25,000 (2) (2)Class A Common Stock25,000$025,000D
Restricted Stock Units(1)03/25/2026A6,250 (3) (3)Class A Common Stock6,250$06,250D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
2. The restricted stock units will vest in three equal annual installments beginning April 1, 2027, subject to the Reporting Person's continued service.
3. 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.
/s/ John Frederick, as attorney-in-fact for Arthur W. Gilliland04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Skillsoft (SKIL) disclose for Arthur W. Gilliland?

Skillsoft disclosed that director Arthur W. Gilliland received two grants of restricted stock units as equity compensation, covering 25,000 and 6,250 units. Each unit represents a contingent right to receive one share of Class A common stock, subject to vesting conditions.

How many restricted stock units were granted to the Skillsoft (SKIL) director?

Arthur W. Gilliland was granted 25,000 restricted stock units in one award and 6,250 restricted stock units in a second award. These units are derivative securities that can settle in shares of Skillsoft’s Class A common stock once vesting conditions are satisfied.

What are the vesting terms for Arthur W. Gilliland’s Skillsoft (SKIL) RSU grants?

One restricted stock unit grant to Arthur W. Gilliland vests in three equal annual installments beginning April 1, 2027. Another grant vests on the earlier of the one-year anniversary of the grant date or Skillsoft’s next annual stockholders’ meeting, assuming continued service.

Does the Skillsoft (SKIL) Form 4 reflect open-market buying or selling?

The Form 4 reflects compensation-related grants to Arthur W. Gilliland, coded as award or other acquisition transactions. There are no open-market purchases or sales reported; the awards were granted at a stated price of $0.0000 per unit, typical of equity compensation.

What does each Skillsoft (SKIL) restricted stock unit represent for the director?

Each restricted stock unit reported for Arthur W. Gilliland represents a contingent right to receive one share of Skillsoft’s Class A common stock. Actual share delivery depends on the units vesting under the specified schedules and his continued service with the company.