Skillsoft CAO exercises RSUs, shares withheld for tax
Skillsoft Corp.’s Chief Accounting Officer Keith C. Swiniarski reported routine compensation-related equity activity.
Rhea-AI Filing Summary
Skillsoft Corp.’s Chief Accounting Officer Keith C. Swiniarski reported routine compensation-related equity activity. On May 1, 2026, restricted stock units converted into a total of 813 shares of Class A Common Stock through derivative exercises. In connection with the vesting, 238 shares were withheld by Skillsoft at $8.28 per share to satisfy tax withholding obligations. No open-market purchases or sales were reported; the transactions reflect RSU vesting, option exercise mechanics, and related tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
813 shares exercised/converted
Exercise
6 txns
Insider
Swiniarski Keith C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 188 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 625 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 188 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 55 | $8.28 | $455.40 |
| Exercise | Class A Common Stock | 625 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 183 | $8.28 | $2K |
Holdings After Transaction:
Restricted Stock Units — 2,063 contracts (Direct);
Class A Common Stock — 3,210 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
- F2. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. The restricted stock units vest in four equal annual installments beginning May 1, 2024, subject to the Reporting Person remaining continuously employed through each vesting date.
- F4. The restricted stock units vest in four equal annual installments beginning May 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date.
Key Figures
RSU shares vested: 813 shares
Shares withheld for taxes: 238 shares
Withholding share value: $8.28 per share
+1 more
4 metrics
RSU shares vested
813 shares
Restricted stock units converted to Class A Common Stock on May 1, 2026
Shares withheld for taxes
238 shares
Withheld by issuer to satisfy tax withholding obligations upon vesting
Withholding share value
$8.28 per share
Price used for shares withheld for tax obligations
Derivative exercises
2 transactions, 813 shares
Exercise or conversion of derivative securities into common stock
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, vesting, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments"
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"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"restricted stock units vest in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A Common Stock financial
"Each restricted stock unit represents a contingent 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Skillsoft (SKIL) disclose about Keith Swiniarski’s latest Form 4 transactions?
Skillsoft reported that Chief Accounting Officer Keith Swiniarski had restricted stock units convert into 813 shares of Class A Common Stock. As part of this RSU vesting event, 238 shares were withheld by the company at $8.28 per share to cover related tax obligations.
What do the restricted stock unit terms mean in Skillsoft (SKIL) CAO’s filing?
Each restricted stock unit represents a right to receive one Skillsoft Class A share. Footnotes state that these RSUs vest in four equal annual installments beginning May 1, 2024 and May 1, 2026, contingent on Keith Swiniarski’s continued employment through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
