FRANKOLA JIM 4

What Happened

• Jim Frankola, a director of Skillsoft Corp. (SKIL), converted/exercised a derivative position on 2026-06-25. The Form 4 reports 12,430 shares acquired at $0.00 and a corresponding disposition of 12,430 derivative securities (transaction code M). The filing reports $0 paid/received for these entries.

Key Details

• Transaction date: 2026-06-25; Form 4 filed: 2026-06-26 (timely).
• Reported amounts: 12,430 shares acquired at $0.00; 12,430 derivative securities disposed at $0.00.
• Shares owned after transaction: not specified in the filing.
• Transaction code: M = exercise or conversion of a derivative.
• Footnotes: F1 — each restricted stock unit (RSU) equals a contingent right to one share; F2 — RSUs vest on the earlier of one year from grant or the next annual meeting, subject to continued service.
• No mention of a 10b5-1 plan, cash proceeds, or an open-market sale in this filing.

Context

• This filing appears to reflect conversion/vesting of RSUs or a similar derivative into common shares rather than a market purchase or sale. Reported price $0 typically means no cash exercise price was paid (common for vested RSUs). Such conversions are routine compensation-related events and do not by themselves signal a discretionary purchase or sale decision by the insider.