[Form 4] Skillsoft Corp. Insider Trading Activity
Rhea-AI Filing Summary
Skillsoft Corp.'s Interim CLO & General Counsel, Scott Semel, exercised restricted stock units on Class A Common Stock. He converted 4,000 restricted stock units into 4,000 shares, then the company withheld 1,174 shares at $4.29 per share to satisfy tax obligations. Following these compensation-related transactions, he directly holds 13,516 shares of Class A Common Stock. Each restricted stock unit represents a right to receive one share, and a separate grant is scheduled to vest in six equal monthly installments beginning December 1, 2025, subject to his continued employment.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trades.
Scott Semel exercised 4,000 restricted stock units into Class A Common Stock and the issuer withheld 1,174 shares at $4.29 to cover taxes. This is a standard equity compensation event, not a discretionary market purchase or sale.
After these transactions, Semel directly owns 13,516 shares, indicating the net result is an increase in his equity stake. The filing also notes another RSU grant that vests in six equal monthly installments starting December 1, 2025, conditioned on continued employment, tying future equity to tenure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,174 | $4.29 | $5K |
Footnotes (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 six equal monthly installments beginning December 1, 2025, subject to the Reporting Person remaining continuously employed through each vest date.