Skillsoft (NYSE: SKIL) interim CLO reports 4,000 RSUs vested and shares withheld
Rhea-AI Filing Summary
Skillsoft Corp.'s interim CLO and General Counsel reported equity compensation activity involving Class A common stock. On December 1, 2025, 4,000 shares were acquired at an exercise price of $0 through the vesting and settlement of restricted stock units. Of these, 1,386 shares were withheld by Skillsoft to cover tax withholding obligations at a price of $8.15 per share, leaving 2,614 shares of Class A common stock beneficially owned directly after the transactions. The reporting person also holds 20,000 restricted stock units, each representing a right to receive one share of Class A common stock. These restricted stock units vest in six equal monthly installments beginning December 1, 2025, provided the executive remains continuously employed through each vesting date.
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FAQ
What insider transaction did Skillsoft Corp. (SKIL) report in this Form 4?
The interim CLO and General Counsel of Skillsoft Corp. reported the vesting and settlement of 4,000 restricted stock units into shares of Class A common stock on December 1, 2025, along with related tax withholding.
How many Skillsoft (SKIL) shares did the insider acquire and retain?
The insider acquired 4,000 shares of Skillsoft Class A common stock at an exercise price of $0. After 1,386 shares were withheld to satisfy tax obligations, the insider beneficially owned 2,614 shares directly.
Why were 1,386 Skillsoft (SKIL) shares withheld in this Form 4 filing?
The filing states that 1,386 shares were withheld by Skillsoft Corp. to satisfy the reporting person’s tax withholding obligations upon the vesting of restricted stock units.
What restricted stock units does the Skillsoft (SKIL) insider still hold?
Following the reported transactions, the insider holds 20,000 restricted stock units, each representing a contingent right to receive one share of Skillsoft Class A common stock.
What is the vesting schedule for the Skillsoft (SKIL) restricted stock units?
The restricted stock units vest in six equal monthly installments beginning December 1, 2025, as long as the reporting person remains continuously employed through each vesting date.
What is the reporting person’s role at Skillsoft Corp. (SKIL)?
The reporting person serves as an Officer of Skillsoft Corp., holding the title of Interim CLO & General Counsel, and is therefore subject to Section 16 reporting requirements.