SKIL CEO now holds 234,247 shares after 31,250 RSU settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skillsoft Corp. (SKIL) reported an insider equity change. CEO & Executive Chair Ronald W. Hovsepian acquired 31,250 shares of Class A Common Stock at $0 on 10/16/2025 upon settlement of restricted stock units (transaction code M).
Following the transaction, he beneficially owned 234,247 shares directly. The filing also shows 312,500 derivative securities (RSUs) beneficially owned after the event. Each RSU represents a right to receive one share of Class A Common Stock and vests in 16 equal installments, with the first installment on the grant date and subsequent quarterly installments beginning October 16, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,250 shares exercised/converted
Mixed
2 txns
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 | -- |
Holdings After Transaction:
Restricted Stock Units — 312,500 shares (Direct);
Class A Common Stock — 234,247 shares (Direct)
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 in 16 equal installments. The first installment vested on the grant date, with 15 subsequent installments vesting quarterly beginning October 16, 2024.
FAQ
What did SKIL disclose on this Form 4?
Ronald W. Hovsepian acquired 31,250 shares of Class A Common Stock at $0 on 10/16/2025 via RSU settlement (code M).
What RSU balance remains for the SKIL CEO?
The filing lists 312,500 derivative securities (RSUs) beneficially owned after the transaction.
What is the vesting schedule of the reported RSUs at SKIL?
The RSUs vest in 16 equal installments: the first on the grant date, then quarterly beginning October 16, 2024.
What does transaction code M indicate on SKIL’s Form 4?
Code M indicates a conversion or exercise of a derivative security, here the settlement of RSUs into common stock.
What is the security involved in the SKIL insider transaction?
Class A Common Stock of Skillsoft Corp. (SKIL), received upon RSU settlement.