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Skillsoft (NYSE: SKIL) CEO vests 31,250 RSUs with 9,171 shares withheld for taxes

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

Rhea-AI Filing Summary

Skillsoft Corp. CEO & Executive Chair Ronald W. Hovsepian reported routine equity compensation activity. On April 16, he exercised 31,250 restricted stock units into Class A Common Stock, with 9,171 shares withheld by the company to satisfy tax withholding obligations upon vesting. Following these transactions, he holds 296,747 shares of Class A Common Stock directly.

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Negative

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Insider HOVSEPIAN RONALD W
Role CEO & Executive Chair
Type Security Shares Price Value
Exercise Restricted Stock Units 31,250 $0.00 --
Exercise Class A Common Stock 31,250 $0.00 --
Tax Withholding Class A Common Stock 9,171 $6.64 $61K
Holdings After Transaction: Restricted Stock Units — 250,000 shares (Direct, null); Class A Common Stock — 296,747 shares (Direct, null)
Footnotes (1)
  1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting. 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 in 16 equal installments. The first installment vested on the grant date, with 15 subsequent installments vesting quarterly beginning October 16, 2024.
RSUs exercised 31,250 units Restricted stock units converted into Class A Common Stock on April 16
Shares withheld for taxes 9,171 shares Withheld by issuer to satisfy tax obligations upon vesting
Withholding reference price $6.64 per share Value used for tax-withholding disposition of 9,171 shares
Post-transaction holdings 296,747 shares Direct Class A Common Stock held after transactions
Remaining RSUs after exercise 250,000 units Restricted stock units reported as derivative holdings after conversion entry
Vesting installments 16 installments RSU award vests in 16 equal installments over time
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote defining each unit as a contingent right"
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.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting."
vest in 16 equal installments financial
"The restricted stock units vest in 16 equal installments."
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSU-related entries"
Class A Common Stock financial
"security_title: "Class A Common Stock" and as underlying security for RSUs"
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.
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*
HOVSEPIAN RONALD W
(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
XOfficer (give title below)Other (specify below)
CEO & Executive Chair
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026		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 Stock04/16/2026M31,250A$0296,747D
Class A Common Stock04/16/2026F9,171(1)D$6.64287,576D
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(2)04/16/2026M31,250 (3) (3)Class A Common Stock31,250$0250,000D
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
2. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
3. The restricted stock units vest in 16 equal installments. The first installment vested on the grant date, with 15 subsequent installments vesting quarterly beginning October 16, 2024.
/s/ John Frederick, as attorney-in-fact for Ronald W. Hovsepian04/20/2026
** 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 transactions did Skillsoft (SKIL) CEO Ronald Hovsepian report?

Ronald Hovsepian reported exercising 31,250 restricted stock units into Class A Common Stock. As part of the same event, 9,171 shares were withheld by the company to cover tax obligations, reflecting routine equity compensation rather than an open-market stock sale.

How many Skillsoft (SKIL) shares does Ronald Hovsepian hold after this Form 4?

After the reported transactions, Ronald Hovsepian directly holds 296,747 shares of Skillsoft Class A Common Stock. This figure reflects his position following the vesting of 31,250 restricted stock units and the withholding of 9,171 shares for tax obligations on April 16.

Were Ronald Hovsepian’s Skillsoft (SKIL) transactions open-market sales or tax withholding?

The Form 4 shows a tax-withholding disposition of 9,171 shares at $6.64 per share. These shares were withheld by Skillsoft to satisfy tax obligations upon vesting of restricted stock units, not sold in an open-market transaction, indicating a non-discretionary administrative event.

What equity award vested for Skillsoft (SKIL) CEO Ronald Hovsepian?

A grant of 31,250 restricted stock units vested and was converted into an equal number of Skillsoft Class A Common shares. Each restricted stock unit represents a contingent right to receive one share, with the award vesting in 16 equal installments over time.

How do Ronald Hovsepian’s Skillsoft (SKIL) RSUs vest over time?

The restricted stock units vest in 16 equal installments. The first installment vested on the grant date, with the remaining 15 installments vesting quarterly beginning October 16, 2024, providing a structured, time-based vesting schedule linked to continued service or conditions.