Skillsoft CEO Ronald W. Hovsepian Receives 116,000-Share Award

What Happened
Ronald W. Hovsepian, Skillsoft Corp. (SKIL) CEO and Executive Chair, was granted 116,000 restricted stock units (RSUs) on April 7, 2026. The award is reported at $0.00 per unit (no cash purchase); each RSU represents a contingent right to one share of Class A common stock and will convert to shares only upon vesting.

Key Details

• Transaction date: 2026-04-07; Form 4 filed 2026-04-09 (timely filing).
• Award: 116,000 RSUs; grant price reported as $0.00 (compensation award, not a market purchase).
• Vesting: Four equal annual installments beginning May 1, 2027 (≈29,000 RSUs vest each year), subject to continued employment.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1—Each RSU = right to one Class A share. F2—Vesting conditioned on continuous employment through each vesting date.
• No sale, purchase, or option exercise reported in this transaction.

Context
RSUs are compensation awards that convert to company shares only when they vest; they are not immediate share purchases or sales and do not necessarily indicate near-term buying or selling in the market. This grant increases potential future insider ownership if vesting conditions are met.