Skillsoft (NYSE: SKIL) director granted 10,625 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foulkes Helena reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. director Helena Foulkes received a grant of 10,625 restricted stock units, each representing one share of Class A common stock. These units were awarded as compensation and will vest on April 1, 2027, contingent on her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foulkes Helena
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,625 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,625 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 on April 1, 2027, subject to the Reporting Person's continued service.
FAQ
What insider transaction did Skillsoft (SKIL) report for Helena Foulkes?
Skillsoft reported that director Helena Foulkes received a grant of 10,625 restricted stock units. Each unit represents one share of Class A common stock, awarded as compensation and subject to future vesting conditions tied to her continued service.
How many restricted stock units did the Skillsoft director receive?
The Skillsoft director received 10,625 restricted stock units. These units provide a contingent right to receive an equal number of Class A common shares, aligning her compensation with shareholder interests through equity that vests over time rather than immediate cash payment.
When do Helena Foulkes’s Skillsoft restricted stock units vest?
The restricted stock units granted to Helena Foulkes vest on April 1, 2027. Vesting is contingent on her continued service with Skillsoft through that date, meaning she must remain in her role to receive the underlying Class A common shares.
Does the Skillsoft Form 4 show a stock sale or purchase by the director?
The Form 4 shows an acquisition of restricted stock units as a grant, not an open-market stock purchase or sale. The transaction reflects equity-based compensation, with 10,625 units awarded at no cash price per unit on the transaction date.
What type of security was granted to the Skillsoft director in this filing?
The filing reports a grant of restricted stock units linked to Skillsoft Class A common stock. Each unit is a contingent right to one common share, with no exercise price, and will convert into shares if the vesting and service conditions are satisfied.