[Form 4] Skillsoft Corp. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Klein Michael Stuart reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Michael Stuart Klein received a grant of 17,500 restricted stock units as equity compensation. Each unit represents a right to receive one share of Class A common stock at no purchase price. The units vest on the earlier of one year from the grant date or the company’s next annual stockholder meeting, as long as Klein continues in service. Following this award, his reported direct holding of restricted stock units is 17,500.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Klein Michael Stuart
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
Price per RSU: $0.0000 per unit
Underlying shares: 17,500 shares
+1 more
4 metrics
RSUs granted
17,500 units
Restricted stock unit award to director Michael Stuart Klein
Price per RSU
$0.0000 per unit
Grant price for restricted stock units
Underlying shares
17,500 shares
Class A common stock underlying the RSU grant
RSUs after transaction
17,500 units
Total restricted stock units held directly after the award
Key Terms
Restricted Stock Units, Class A Common Stock, vest, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent 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
"receive one share of Class A Common Stock of the Issuer"
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 restricted stock units vest on the earlier of (i) the one-year anniversary"
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 (ii) the date of the Issuer's next annual meeting of stockholders"