Director Jim Frankola gets 16,875 Skillsoft (SKIL) RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRANKOLA JIM reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Jim Frankola reported receiving a grant of 16,875 restricted stock units. Each unit represents a contingent right to receive one share of Class A Common Stock. The units are scheduled to vest on April 1, 2027, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRANKOLA JIM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,875 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,875 shares (Direct)
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 will vest on April 1, 2027, subject to Reporting Person's continued service.
FAQ
What did Skillsoft (SKIL) director Jim Frankola report on this Form 4?
Jim Frankola reported receiving 16,875 restricted stock units as a compensation award. Each unit represents a contingent right to one share of Skillsoft Class A Common Stock, providing equity-based incentives tied to his ongoing service as a director.
How many Skillsoft RSUs did Jim Frankola acquire in this filing?
He acquired 16,875 restricted stock units. These units are a form of deferred equity compensation, giving him the right to receive an equal number of Class A Common shares if the vesting and service conditions disclosed in the filing are satisfied.
When do Jim Frankola’s newly granted Skillsoft RSUs vest?
The restricted stock units are scheduled to vest on April 1, 2027. Vesting is contingent on his continued service, meaning he generally must remain in his role through that date to receive the underlying Class A Common Stock shares.
What does each restricted stock unit in the Skillsoft grant represent?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft Class A Common Stock. The rights only convert into actual shares if the vesting conditions, including continued service through the specified date, are ultimately satisfied by the reporting person.
How many Skillsoft RSUs does Jim Frankola hold after this transaction?
Following this transaction, he holds 16,875 restricted stock units directly. These units correspond to a potential 16,875 shares of Class A Common Stock, assuming all vesting requirements stated in the filing are met over the disclosed vesting period.