4Accepted Sep 17, 4:57 PM ET
Skillsoft (SKIL) Director Jim Frankola Buys 25,000 Shares
Accepted (ET)
4:57 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
2
Size
14.6 KB
Summary
Skillsoft (SKIL) Director Jim Frankola Buys 25,000 Shares
What Happened
Jim Frankola, a director of Skillsoft Corp. (SKIL), purchased 25,000 shares of Skillsoft common stock on 2026-09-15. The filing reports a weighted-average purchase price of $5.14 per share for a total cash outlay of $128,595. This was a direct purchase (transaction code P), i.e., an open-market or private purchase, which is a purchase of shares rather than a sale or grant.
Key Details
- Transaction date: 2026-09-15; filing date: 2026-09-17 (filed timely, within the two-business-day Form 4 window).
- Reported weighted-average price: $5.14 per share; total value: $128,595.
- Footnote: The $5.14 is a weighted average; purchases occurred at prices ranging from $4.85 to $5.90. The reporting person says they will provide a price-by-price breakdown on request (SEC staff, company, or shareholders).
- Shares owned after the transaction: not specified in this filing.
Context
This was a straightforward cash purchase of common stock (not an option exercise, award, or gift). Purchases by directors are often watched by investors as a sign of confidence, but filings show only the trade details — they don't explain the insider's motive.