Skillsoft CLO reports RSU vesting and tax withholding
Skillsoft Corp. interim CLO and General Counsel Scott Semel reported routine equity compensation activity.
Rhea-AI Filing Summary
Skillsoft Corp. interim CLO and General Counsel Scott Semel reported routine equity compensation activity. On June 1, 2026, 4,000 restricted stock units converted into Class A common shares, while 1,174 shares were withheld to cover tax obligations upon vesting. Following these transactions, Semel holds 19,168 Class A common shares directly and 8,000 restricted stock units, which continue to vest in three equal monthly installments beginning June 1, 2026, as long as he remains continuously employed through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Exercise
3 txns
Insider
Semel Scott
Role
Interim CLO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,174 | $7.87 | $9K |
Holdings After Transaction:
Restricted Stock Units — 8,000 contracts (Direct);
Class A Common Stock — 19,168 shares (Direct)
Footnotes (3)
- 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 three equal monthly installments beginning June 1, 2026, subject to the Reporting Person remaining continuously employed through each vest date.
Key Figures
RSUs vested and converted: 4,000 units/shares
Shares withheld for taxes: 1,174 shares
Common shares after transaction: 19,168 shares
+2 more
5 metrics
RSUs vested and converted
4,000 units/shares
Restricted stock units converting into Class A Common Stock on June 1, 2026
Shares withheld for taxes
1,174 shares
Shares withheld by issuer to satisfy tax obligations upon vesting
Common shares after transaction
19,168 shares
Directly held Class A Common Stock following reported transactions
RSUs remaining
8,000 units
Restricted stock units outstanding after the June 1, 2026 vesting event
Tax-withholding price reference
$7.87 per share
Price per share used for 1,174-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, Class A Common Stock
4 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal monthly installments beginning June 1, 2026"
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 upon vesting"
derivative security financial
"transaction_code_description: 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.
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 insider transactions did SKIL executive Scott Semel report on June 1, 2026?
Scott Semel reported vesting of 4,000 restricted stock units into Class A common shares and a related tax-withholding disposition of 1,174 shares. These actions reflect routine equity compensation events rather than open-market buying or selling of Skillsoft Corp. stock.
Did the SKIL Form 4 filing show open-market buying or selling by Scott Semel?
The filing did not show open-market trades. It reported an option-style exercise of 4,000 restricted stock units and a Form F tax-withholding disposition of 1,174 shares, where shares were withheld by Skillsoft to satisfy Semel’s tax obligations upon vesting.
What are the vesting terms of Scott Semel’s Skillsoft restricted stock units?
The restricted stock units vest in three equal monthly installments beginning June 1, 2026. Vesting is contingent on Semel remaining continuously employed through each vest date, meaning he must stay with Skillsoft to receive each subsequent installment of shares.
What does each restricted stock unit represent in the SKIL Form 4 for Scott Semel?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft Corp. Class A common stock. As the units vest over time, they convert into actual shares, increasing Semel’s direct stock ownership, subject to any shares withheld for tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
