Skillsoft (NYSE: SKIL) director Jim Frankola awarded 17,500 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRANKOLA JIM reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Jim Frankola received an equity award in the form of restricted stock units. He was granted 17,500 restricted stock units, each representing a right to receive one share of Class A Common Stock. The units vest on the earlier of the one-year anniversary of the grant date or the company’s next annual stockholder meeting, as long as he continues to serve with the company. After this grant, his reported holdings in these restricted stock units total 17,500.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRANKOLA JIM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 17,500 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs granted: 17,500 units
RSU grant price: $0.00 per unit
Underlying shares: 17,500 shares
+1 more
4 metrics
RSUs granted
17,500 units
Restricted stock units granted to director on June 30, 2026
RSU grant price
$0.00 per unit
Reported transaction price for the RSU award
Underlying shares
17,500 shares
Class A Common Stock underlying the RSU grant
Holdings after grant
17,500 RSUs
Total restricted stock units reported following this transaction
Key Terms
Restricted Stock Units, Class A Common Stock, vest, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"He was granted 17,500 restricted stock units, each representing a right to receive one share"
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 representing a 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.
vest financial
"The units vest on the earlier of the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"or the company’s next annual stockholder meeting, as long as he continues to serve"
FAQ
What insider transaction did Skillsoft (SKIL) report for Jim Frankola?
Skillsoft reported that director Jim Frankola received a grant of 17,500 restricted stock units. These units are part of his equity compensation and each RSU represents the right to receive one share of Class A Common Stock in the future.
How many restricted stock units did Jim Frankola receive from Skillsoft (SKIL)?
Jim Frankola received 17,500 restricted stock units as an equity award. According to the filing, each RSU corresponds to one share of Skillsoft’s Class A Common Stock, and this grant brings his total reported RSU holdings to 17,500 units.
What are the vesting terms of Jim Frankola’s Skillsoft (SKIL) restricted stock units?
The 17,500 restricted stock units vest on the earlier of the one-year anniversary of the grant date or the date of Skillsoft’s next annual stockholder meeting, provided Jim Frankola continues his service with the company through that vesting date.
What does each restricted stock unit granted by Skillsoft (SKIL) to Jim Frankola represent?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft’s Class A Common Stock. The shares are delivered only when the vesting conditions are met, tying the director’s compensation to ongoing service and future company performance.