STOCK TITAN

Director Michael Klein of Skillsoft (NYSE: SKIL) converts 12,430 RSUs to Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Skillsoft Corp. director Michael Stuart Klein reported exercising restricted stock units that converted into 12,430 shares of Class A Common Stock at a price of $0.00 per share. Following this RSU conversion, he holds 39,336 shares directly and additional indirect holdings through an LLC and a trust.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU conversion increases direct share holdings without open-market trading.

This Form 4 shows Michael Stuart Klein, a director of Skillsoft Corp., converting 12,430 restricted stock units into the same number of Class A Common shares at $0.00 per share. This is compensation-related rather than an open-market purchase.

The filing lists 39,336 shares held directly after the transaction, plus indirect positions of 177,984 shares via Garden State Capital Partners LLC and 334,716 shares via a trust. There are no reported open-market buys or sells, and no remaining derivative position from these RSUs, indicating a standard vesting and settlement event.

Insider Klein Michael Stuart
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 12,430 $0.00 --
Exercise Class A Common Stock 12,430 $0.00 --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 39,336 shares (Direct, null); Class A Common Stock — 334,716 shares (Indirect, By Trust)
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 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.
RSUs converted 12,430 shares Restricted stock units exercised into Class A Common Stock
RSU exercise price $0.00 per share Conversion price for restricted stock units
Direct holdings after transaction 39,336 shares Class A Common Stock held directly post-transaction
Indirect LLC holdings 177,984 shares Indirect ownership via Garden State Capital Partners LLC
Indirect trust holdings 334,716 shares Indirect ownership via a trust
Restricted Stock Units financial
"The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant..."
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
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock..."
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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Learn about SEC filing dates
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*
Klein Michael Stuart

(Last)(First)(Middle)
C/O SKILLSOFT CORP.
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)
06/25/2026
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
Class A Common Stock06/25/2026M12,430A$039,336D
Class A Common Stock334,716IBy Trust
Class A Common Stock177,984IBy Garden State Capital Partners LLC
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)06/25/2026M12,430 (2) (2)Class A Common Stock12,430$00D
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 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/ Scott Semel, as attorney-in-fact for Michael Stuart Klein06/26/2026
** 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)

FAQ

What insider transaction did Michael Stuart Klein report for Skillsoft (SKIL)?

Michael Stuart Klein reported converting 12,430 restricted stock units into 12,430 shares of Skillsoft Class A Common Stock at $0.00 per share. This reflects a compensation-related RSU vesting, not an open-market stock purchase or sale.

How many Skillsoft (SKIL) shares does Michael Stuart Klein hold directly after this Form 4?

After the RSU conversion, Michael Stuart Klein directly holds 39,336 shares of Skillsoft Class A Common Stock. This figure comes from the Form 4 line showing total shares following the transaction for his direct ownership position.

What indirect Skillsoft (SKIL) holdings are associated with Michael Stuart Klein?

The Form 4 reports 177,984 Skillsoft Class A Common shares held indirectly through Garden State Capital Partners LLC and 334,716 shares held indirectly through a trust. These entries are labeled as indirect ownership, separate from his direct share position.

Were any Skillsoft (SKIL) shares bought or sold on the market in this filing?

No open-market purchases or sales are reported. The only share change is the exercise of 12,430 restricted stock units into common shares at $0.00 per share, a typical equity compensation event rather than a market trade.

What do the restricted stock unit terms mean in the Skillsoft (SKIL) Form 4?

Each restricted stock unit represents a right to receive one Skillsoft Class A share. Footnotes explain these RSUs vest on the earlier of one year after grant or the next annual shareholder meeting, assuming the director continues serving the company.