Form 4 for SKIL Skillsoft Corp.
Accepted 2025-05-22 00:00:00 ET · period of report 2025-05-19 · accession 0001415889-25-014247 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-22 | 2025-05-19 | SKIL | HOVSEPIAN RONALD W | CEO, Executive COB, Dir | F - Tax | $22.42 | -59.3K | 171.7K | -26% | -$1.33M |
| D | 2025-05-22 | 2025-05-19 | SKIL | HOVSEPIAN RONALD W | CEO, Executive COB, Dir | A - Grant | $0.00 | +133.8K | 231.1K | +138% | $0 |
| D | 2025-05-22 | 2025-05-19 | SKIL | HOVSEPIAN RONALD W | CEO, Executive COB, Dir | A - Grant | $0.00 | +90.1K | 90.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-05-19 | F | D | 59,344 | $22.42 | 171,747 | D | — | — | (F2) Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting. |
| 2 | Common | Class A Common Stock | 2025-05-19 | A | A | 133,809 | $0.00 | 231,091 | D | — | — | (F1) Represents the number of shares earned with respect to a grant of a performance award based on the level of performance achieved as certified by the Issuer's Board on May 18, 2025, and which vested on May 18, 2025. Such amount represents 50% of the Full First Tranche (as defined in the Reporting Person's offer letter with the Issuer dated September 4, 2024) based on the closing price of the Issuer's Class A Common Stock on May 19, 2025, which was the payment date. |
| 3 | Derivative | Restricted Stock Units | 2025-05-19 | A | A | 90,093 | $0.00 | 90,093 | D | — · — to — | 90,093 Class A Common Stock | (F3) Represents an annual grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. (F4) The restricted stock units vest in four equal annual installments beginning May 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date. |