HOVSEPIAN RONALD W 4

What Happened
Ronald W. Hovsepian, Skillsoft’s CEO and Executive Chair, received 31,250 shares on April 16, 2026 upon conversion/vesting of restricted stock units (RSUs). The RSUs converted at $0.00 per share. The company withheld 9,171 of those shares to satisfy tax withholding obligations at an effective value of $6.64 per share, totaling $60,895. Net shares delivered to Hovsepian were 22,079 (31,250 gross − 9,171 withheld).

Key Details

• Transaction date: April 16, 2026. Form filed April 20, 2026 (no late filing indicated).
• Derivative conversion (code M): 31,250 RSUs converted into 31,250 shares @ $0.00.
• Tax withholding (code F): 9,171 shares withheld @ $6.64 = $60,895.
• Net shares received: 22,079.
• Shares owned after the transaction: Not reported on this Form 4.
• Footnotes: F1 — shares withheld to satisfy tax withholding; F2 — each RSU equals one share of Class A common stock; F3 — these RSUs vest in 16 equal installments (first on grant date, then quarterly beginning Oct 16, 2024).

Context
This was a scheduled RSU vesting and not an open-market buy or sale by the insider. The withholding of shares to cover taxes is a routine cashless-like settlement and should not be read as a voluntary sale. For retail investors, vesting awards are standard compensation; they reflect grant fulfillment rather than an independent insider purchase or sale signal.