Skillsoft (NYSE: SKIL) awards 10,000 RSUs to Chief Accounting Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Swiniarski Keith C. reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. reported that Chief Accounting Officer Keith C. Swiniarski received a grant of 10,000 restricted stock units on April 7, 2026. Each unit represents a contingent right to one share of Class A Common Stock. The award vests in four equal annual installments beginning May 1, 2027, as long as he remains continuously employed through each vesting date, giving him a potential total of 10,000 shares when fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swiniarski Keith C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 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 in four equal annual installments beginning May 1, 2027, subject to the Reporting Person remaining continuously employed through each vesting date.
Key Figures
RSU grant size: 10,000 units
Underlying shares: 10,000 shares
Exercise/issue price: $0.00 per unit
+2 more
5 metrics
RSU grant size
10,000 units
Restricted stock units granted April 7, 2026
Underlying shares
10,000 shares
Class A Common Stock underlying the RSUs
Exercise/issue price
$0.00 per unit
Grant recorded with no cash exercise price
Post-grant holdings
10,000 RSUs
Total restricted stock units following the transaction
Vesting schedule
4 annual tranches
Equal installments beginning May 1, 2027
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vesting
4 terms
Restricted Stock Units financial
"The security reported is Restricted Stock Units granted as equity compensation."
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
"Each restricted stock unit represents a right to 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share."
vesting financial
"The restricted stock units will vest in four equal annual installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Skillsoft (SKIL) report for Keith C. Swiniarski?
Skillsoft reported that Chief Accounting Officer Keith C. Swiniarski received 10,000 restricted stock units. The grant is a form of equity compensation and gives him a contingent right to receive Class A Common Stock if the vesting conditions are met over time.
How many restricted stock units did Skillsoft (SKIL) grant in this Form 4?
The Form 4 shows a grant of 10,000 restricted stock units. These units convert into up to 10,000 shares of Class A Common Stock, subject to vesting conditions and continued employment through the specified vesting dates beginning in 2027.
What are the vesting terms for the 10,000 Skillsoft (SKIL) restricted stock units?
The 10,000 restricted stock units vest in four equal annual installments starting May 1, 2027. Vesting is contingent on Keith C. Swiniarski remaining continuously employed through each vesting date, making it a long-term incentive tied to ongoing service.
Does the Skillsoft (SKIL) Form 4 show any stock sales by Keith C. Swiniarski?
The Form 4 only reports an acquisition of restricted stock units and shows no sales. The transaction code is “A” for a grant or award, and the transaction summary indicates an acquire event with no corresponding sell or dispose transactions listed.
What does each restricted stock unit represent in the Skillsoft (SKIL) filing?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft’s Class A Common Stock. The units themselves are not shares until they vest, at which point they can settle into actual stock if all conditions are satisfied.
What is Keith C. Swiniarski’s holding after this Skillsoft (SKIL) RSU grant?
After the reported transaction, Keith C. Swiniarski is shown as holding 10,000 restricted stock units directly. These units correspond to a potential 10,000 shares of Class A Common Stock, assuming full vesting and continued employment through all vesting dates.