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Skillsoft Corp.·4

Mar 27, 8:48 PM ET

FRANKOLA JIM 4

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Skillsoft (SKIL) Director Jim Frankola Receives 16,875 RSU Award

What Happened
Jim Frankola, a director of Skillsoft Corp. (SKIL), received a grant of 16,875 restricted stock units (RSUs) on March 25, 2026. The award is reported as a derivative acquisition (transaction code A) at an acquisition price of $0.00 — no cash was paid at grant. The RSUs represent contingent rights to receive shares of Class A common stock upon vesting.

Key Details

  • Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-27).
  • Grant: 16,875 RSUs; reported acquisition price $0.00 (derivative award).
  • Vesting: RSUs vest on April 1, 2027, subject to continued service by the reporting person (per footnote).
  • Shares owned after transaction: not specified in the filing excerpt provided.
  • Filing timeliness: Form 4 was filed within the typical 2-business-day window (not marked late).
  • Transaction code: A = Award/Grant; footnote clarifies each RSU equals a contingent right to one Class A share.

Context
RSU grants to directors are common compensation for service and do not require immediate cash outlay; they become shares only if/when they vest. Such awards are routine and not direct buy/sell signals—value to the insider will depend on company share price at vesting and continued service through the vesting date.