HOVSEPIAN RONALD W 4
4 · Skillsoft Corp. · Filed May 22, 2025
Insider Transaction Report
Form 4
Skillsoft Corp.SKIL
HOVSEPIAN RONALD W
DirectorCEO & Executive Chair
Transactions
- Award
Restricted Stock Units
2025-05-19+90,093→ 90,093 total→ Class A Common Stock (90,093 underlying) - Award
Class A Common Stock
2025-05-19+133,809→ 231,091 total - Tax Payment
Class A Common Stock
2025-05-19$22.42/sh−59,344$1,330,492→ 171,747 total
Footnotes (4)
- [F1]Represents the number of shares earned with respect to a grant of a performance award based on the level of performance achieved as certified by the Issuer's Board on May 18, 2025, and which vested on May 18, 2025. Such amount represents 50% of the Full First Tranche (as defined in the Reporting Person's offer letter with the Issuer dated September 4, 2024) based on the closing price of the Issuer's Class A Common Stock on May 19, 2025, which was the payment date.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
- [F3]Represents an annual grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F4]The restricted stock units vest in four equal annual installments beginning May 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date.