Skillsoft director granted restricted stock units
Gilliland Arthur W reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6,250 | $0.00 | $0.00 |
Footnotes (3)
- 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 will vest in three equal annual installments beginning April 1, 2027, subject to the Reporting Person's continued service.
- F3. 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
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
vest financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Skillsoft (SKIL) disclose for Arthur W. Gilliland?
How many restricted stock units were granted to the Skillsoft (SKIL) director?
What are the vesting terms for Arthur W. Gilliland’s Skillsoft (SKIL) RSU grants?
Does the Skillsoft (SKIL) Form 4 reflect open-market buying or selling?
What does each Skillsoft (SKIL) restricted stock unit represent for the director?
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