FRANKOLA JIM 4
4 · Skillsoft Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Skillsoft (SKIL) Director Jim Frankola Buys Stock
What Happened Jim Frankola, a director of Skillsoft Corp. (SKIL), purchased a total of 50,000 shares in open‑market transactions. On June 12, 2026 he acquired 23,000 shares at a weighted average price of $6.06 for about $139,380, and on June 15, 2026 he acquired 27,000 shares at a weighted average price of $6.05 for about $163,350. These were purchases (not sales), which some investors view as a bullish signal, though motivations are not disclosed.
Key Details
- Transaction type: P = Purchase (open‑market or private purchases reported as open‑market).
- Dates & reported prices:
- 2026-06-12: 23,000 shares @ weighted avg $6.06 = $139,380 (prices in that tranche ranged $5.55–$6.35, per footnote).
- 2026-06-15: 27,000 shares @ weighted avg $6.05 = $163,350 (prices in that tranche ranged $5.89–$6.31, per footnote).
- Total acquired: 50,000 shares for approximately $302,730.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: Reported prices are weighted averages; the filing notes multiple executions at prices within the stated ranges and offers to provide per‑trade details on request.
- Filing timeliness: Form 4 filed June 16, 2026; the filing does not indicate a late report.
Context These transactions are straightforward open‑market purchases by a company director (not an option exercise, award, or gift). Purchases by insiders can be informative to investors but do not prove future performance; consider this activity alongside company fundamentals and broader market factors.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1]2026-06-12$6.06/sh+23,000$139,380→ 68,306 total - Purchase
Class A Common Stock
[F2]2026-06-15$6.05/sh+27,000$163,350→ 95,306 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.55 to $6.35, inclusive. The reporting person undertakes to provide to Skillsoft Corp., any security holder of Skillsoft Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F2]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.89 to $6.31, inclusive. The reporting person undertakes to provide to Skillsoft Corp., any security holder of Skillsoft Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.