FRANKOLA JIM 4
4 · Skillsoft Corp. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Skillsoft Director Jim Frankola Receives 17,500 RSUs
What Happened
Jim Frankola, a director of Skillsoft Corp. (SKIL), received a grant of 17,500 restricted stock units (RSUs) on June 30, 2026. The grant was recorded at $0.00 per unit (no cash paid); each RSU is a contingent right to one share of Class A common stock and will convert into shares only if and when the RSUs vest.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (within the typical 2-business-day Form 4 reporting window).
- Grant: 17,500 RSUs; reported price $0.00 (award/derivative).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Each RSU equals a contingent right to one share of Class A common stock.
- Footnote F2: RSUs vest on the earlier of (i) one-year anniversary of grant or (ii) the issuer’s next annual meeting, subject to continued service.
Context
This was an award/grant (not a purchase or sale). RSUs are a form of deferred equity compensation—they do not represent immediately tradable shares until vested and issued. Such grants are common for directors and align compensation with shareholder interests but do not, by themselves, indicate buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-30+17,500→ 17,500 total→ Class A Common Stock (17,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F2]The restricted stock units vest on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service.