RSU vesting leaves Skillsoft (NYSE: SKIL) CFO with 19,103 shares
Rhea-AI Filing Summary
Skillsoft Corp.’s Chief Financial Officer, Frederick John W., reported routine equity compensation activity involving Class A Common Stock and restricted stock units. On May 1, 2026, he exercised awards covering 17,750 shares, converting restricted stock units into common shares at a stated price of $0.00 per unit.
To cover related tax obligations upon vesting, the company withheld a total of 5,208 shares at $8.28 per share, according to the filing and footnotes. After these exercise and tax-withholding entries, he directly holds 19,103 shares of Class A Common Stock. The footnotes indicate these were vestings of performance-based and time-based restricted stock units, which are standard compensation events rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,542 shares
Net Buy
9 txns
Insider
Frederick John W.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,750 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,467 | $8.28 | $12K |
| Exercise | Class A Common Stock | 9,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,641 | $8.28 | $22K |
| Exercise | Class A Common Stock | 3,750 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,100 | $8.28 | $9K |
Holdings After Transaction:
Restricted Stock Units — 20,250 shares (Direct);
Class A Common Stock — 26,645 shares (Direct)
Footnotes (6)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
- F2. Each performance-based restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F3. The performance-based restricted stock units vested May 1, 2026.
- F4. The performance-based restricted stock units vest in two equal annual installments beginning May 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date.
- F5. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F6. 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 Exercised: 17,750 shares
Shares Withheld for Taxes: 5,208 shares
Tax Withholding Price: $8.28 per share
+3 more
6 metrics
RSU Shares Exercised
17,750 shares
Restricted stock units converted to Class A Common Stock on May 1, 2026
Shares Withheld for Taxes
5,208 shares
Tax-withholding dispositions at vesting on May 1, 2026
Tax Withholding Price
$8.28 per share
Price applied to F-code tax-withholding entries
Post-Transaction Holdings
19,103 shares
Direct Class A Common Stock held after transactions
Exercise Transactions
3 entries, 17,750 shares
M-code derivative exercises in transaction summary
Tax-Withholding Entries
3 entries, 5,208 shares
F-code dispositions to satisfy tax liabilities
Key Terms
Restricted Stock Units, performance-based restricted stock unit, tax withholding obligations, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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.
performance-based restricted stock unit financial
"Each performance-based restricted stock unit represents a contingent right"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations upon vesting"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Skillsoft (SKIL) report for its CFO?
Skillsoft’s CFO reported routine equity compensation activity. On May 1, 2026 he exercised restricted stock units into 17,750 Class A shares, and 5,208 shares were withheld by the issuer to satisfy tax obligations tied to these vesting events.
What kind of awards vested for the Skillsoft (SKIL) CFO in this Form 4?
The filing involves performance-based and time-based restricted stock units. Footnotes explain each performance-based restricted stock unit and each restricted stock unit converts into one Class A share, with vesting schedules beginning May 1, 2026, subject to continued employment.
Are there remaining restricted stock units for the Skillsoft (SKIL) CFO after these transactions?
Yes, some restricted stock units continue vesting over time. Footnotes state certain performance-based units vest in two equal annual installments and other restricted stock units vest in four equal annual installments starting May 1, 2026, conditioned on continued employment.