Skillsoft (SKIL) interim CLO receives 12,000 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Semel Scott reported acquisition or exercise transactions in this Form 4 filing.
Skillsoft Corp. reported that Interim CLO & General Counsel Scott Semel received a grant of 12,000 restricted stock units. Each unit represents the right to receive one share of Class A Common Stock. The RSUs vest in three equal monthly installments starting on June 1, 2026, contingent on his continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Semel Scott
Role
Interim CLO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,000 shares (Direct, null)
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 three equal monthly installments beginning June 1, 2026, subject to the Reporting Person remaining continuously employed through each vest date.
Key Figures
RSUs granted: 12,000 units
Shares underlying RSUs: 12,000 shares
RSU grant price: $0.0000 per unit
+3 more
6 metrics
RSUs granted
12,000 units
Restricted Stock Units awarded to Interim CLO & General Counsel
Shares underlying RSUs
12,000 shares
Class A Common Stock underlying granted RSUs
RSU grant price
$0.0000 per unit
Equity award with no cash exercise price
Post-transaction RSU holdings
12,000 units
Total restricted stock units following the reported grant
Vesting start date
June 1, 2026
First of three equal monthly vesting installments
Vesting structure
3 equal monthly installments
RSUs vest monthly, subject to continued employment
Key Terms
Restricted Stock Units, Class A Common Stock, vest, continuously employed, +1 more
5 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
"to receive 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.
vest financial
"The restricted stock units vest in three equal monthly 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.
continuously employed financial
"subject to the Reporting Person remaining continuously employed through each vest date"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Skillsoft (SKIL) insider Scott Semel report on this Form 4?
Scott Semel, Interim CLO & General Counsel of Skillsoft, reported receiving 12,000 restricted stock units as an equity award. These RSUs are a form of compensation and do not reflect an open-market stock purchase or sale by the executive.
How many restricted stock units did Skillsoft (SKIL) grant to Scott Semel?
Skillsoft granted Scott Semel 12,000 restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock, giving him potential ownership of up to 12,000 shares as the units vest over time.
What is the vesting schedule for Scott Semel’s Skillsoft (SKIL) RSU grant?
The 12,000 restricted stock units vest in three equal monthly installments beginning June 1, 2026. Vesting is conditioned on Semel remaining continuously employed through each monthly vest date, aligning his compensation with ongoing service to the company.
Does the Skillsoft (SKIL) Form 4 show any stock sales by Scott Semel?
No, the Form 4 only reports an acquisition of restricted stock units as a grant. There are no open-market purchases or sales disclosed, and all 12,000 units are shown as directly held following this compensation-related transaction.
What type of security did Scott Semel receive from Skillsoft (SKIL)?
Scott Semel received restricted stock units that are settleable in Class A Common Stock of Skillsoft. Each unit converts into one share upon vesting, giving him equity exposure that is tied to continued employment and the company’s future performance.