FRANKOLA JIM 4

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.