Skillsoft director buys 50,000 shares
Skillsoft Corp. director Jim Frankola reported open-market purchases totaling 50,000 shares of Class A Common Stock.
Rhea-AI Filing Summary
Skillsoft Corp. director Jim Frankola reported open-market purchases totaling 50,000 shares of Class A Common Stock. He bought 23,000 shares on June 12, 2026 at a weighted average price of $6.06 per share and 27,000 shares on June 15, 2026 at a weighted average price of $6.05 per share.
After these transactions, Frankola directly owns 95,306 shares of Skillsoft. The filing notes that each reported price is a weighted average for multiple trades within stated price ranges, and detailed trade-by-trade pricing is available from the reporting person upon request.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
2 txns
Insider
FRANKOLA JIM
Role
Director
Bought
50,000 shs ($303K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 27,000 | $6.05 | $163K |
| Purchase | Class A Common Stock | 23,000 | $6.06 | $139K |
Holdings After Transaction:
Class A Common Stock — 95,306 shares (Direct)
Footnotes (2)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.55 to $6.35, inclusive. The reporting person undertakes to provide to Skillsoft Corp., any security holder of Skillsoft Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F2. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.89 to $6.31, inclusive. The reporting person undertakes to provide to Skillsoft Corp., any security holder of Skillsoft Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
Key Figures
Shares purchased 06/12/2026: 23,000 shares
Price 06/12/2026: $6.06 per share
Shares purchased 06/15/2026: 27,000 shares
+3 more
6 metrics
Shares purchased 06/12/2026
23,000 shares
Open-market purchase of Class A Common Stock on <date>June 12, 2026</date>
Price 06/12/2026
$6.06 per share
Weighted average purchase price; trades ranged $5.89–$6.31
Shares purchased 06/15/2026
27,000 shares
Open-market purchase of Class A Common Stock on <date>June 15, 2026</date>
Price 06/15/2026
$6.05 per share
Weighted average purchase price; trades ranged $5.55–$6.35
Total shares bought
50,000 shares
Combined open-market purchases on June 12 and June 15, 2026
Post-transaction holdings
95,306 shares
Direct ownership after June 15, 2026 purchase
Key Terms
Class A Common Stock, open-market purchase, weighted average price
3 terms
Class A Common Stock financial
"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.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Skillsoft (SKIL) director Jim Frankola report?
Jim Frankola reported buying a total of 50,000 Skillsoft shares in two open-market transactions. He purchased 23,000 shares on June 12, 2026 and 27,000 shares on June 15, 2026, according to the Form 4 filing.
Were Jim Frankola’s Skillsoft (SKIL) trades open-market purchases?
Yes. Both transactions are coded as P, described as open-market or private purchases. The Form 4 labels each as an open-market purchase of Skillsoft Class A Common Stock, indicating routine buying activity rather than option exercises or gifts.
Do the reported Skillsoft (SKIL) prices reflect single trades or averages?
The reported prices are weighted averages for multiple trades. Footnotes explain that individual trades on each date occurred within specified price ranges, and detailed per-trade prices are available from Frankola on request to investors or regulators.
AI-generated analysis. How Rhea-AI works. Not financial advice.
