Skillsoft (NYSE: SKIL) CFO receives 37,500 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frederick John W. reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. reported that its Chief Financial Officer, Frederick John W., received a grant of 37,500 restricted stock units (RSUs) tied to the company’s Class A Common Stock. This is a compensation-related equity award, not an open-market share purchase or sale.
Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in four equal annual installments beginning on May 1, 2027, and vesting requires the CFO to remain continuously employed through each vesting date. After this grant, he directly holds 37,500 RSUs from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Frederick John W.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 37,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 37,500 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 vest in four equal annual installments beginning May 1, 2027, subject to the Reporting Person remaining continuously employed through each vesting date.
Key Figures
RSUs granted: 37,500 units
Shares per RSU: 1 share per unit
Vesting schedule: 4 equal annual installments
+1 more
4 metrics
RSUs granted
37,500 units
Restricted Stock Units granted to CFO on April 7, 2026
Shares per RSU
1 share per unit
Each RSU equals one share of Class A Common Stock
Vesting schedule
4 equal annual installments
Vesting begins May 1, 2027, subject to continued employment
Holdings after grant
37,500 RSUs
Total RSUs held directly by CFO following this award
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"one share of Class A Common Stock of the Issuer"
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
"represents a contingent right to receive one share of Class A Common Stock"
vest financial
"The restricted stock units vest in four equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Skillsoft (SKIL) disclose in this Form 4 filing?
Skillsoft disclosed that its Chief Financial Officer received a grant of 37,500 restricted stock units as equity compensation. These RSUs relate to Class A Common Stock and vest over four years, aligning the executive’s interests with long-term company performance.
How many restricted stock units did the Skillsoft CFO receive?
The CFO received 37,500 restricted stock units. Each RSU represents a contingent right to one share of Skillsoft Class A Common Stock, subject to vesting conditions over time, rather than an immediate share issuance or cash transaction in the market.
What is the vesting schedule for the Skillsoft CFO’s 37,500 RSUs?
The 37,500 RSUs vest in four equal annual installments starting on May 1, 2027. Continued employment through each vesting date is required, meaning 25% of the award becomes deliverable each year if the CFO remains with the company.
What does each Skillsoft restricted stock unit represent for the CFO?
Each restricted stock unit represents a contingent right to receive one share of Skillsoft’s Class A Common Stock. The rights remain contingent until the vesting dates, at which time vested units can convert into actual shares if the employment condition is met.