Foulkes Helena 4

4 · Skillsoft Corp. · Filed Jun 26, 2026

AI-generated summary of this filing

Updated Jun 26, 2026

Skillsoft (SKIL) Director Helena Foulkes Exercises/Converts 12,430 Units

What Happened

Helena Foulkes, a director of Skillsoft Corp. (SKIL), recorded an exercise/conversion of derivative awards on 2026-06-25. The filing shows 12,430 shares acquired and a matching disposition of 12,430 shares, both at $0.00 (transaction code M — exercise or conversion of a derivative). No cash value was reported with these entries.

Key Details

Transaction date: 2026-06-25; Form 4 filed: 2026-06-26 (timely).
Shares shown: 12,430 acquired and 12,430 disposed; price per share reported $0.00; total cash value $0.
Shares owned after the transaction: not specified in the filing.
Footnotes summary:
- F1: Each restricted stock unit (RSU) equals a contingent right to one Class A share.
- F2: These RSUs vest on the earlier of one year from grant or the next annual meeting, subject to continued service.
- F3: The reporting person elected to defer settlement of vested RSUs so they were converted into an equal number of phantom stock shares (contingent rights to shares).
No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the Form 4.

Context

This was a derivative conversion/settlement event (RSUs ↔ phantom stock), not a cash purchase or open-market sale. The $0.00 entries reflect conversion/deferral mechanics rather than a market trade, so they do not directly signal a bullish or bearish purchase/sale by the insider.

Form 4

Period: 2026-06-25

Director

Transactions

Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-06-25−12,430→ 0 total
→ Class A Common Stock (12,430 underlying)
Exercise/Conversion
Phantom Stock
[F3]
2026-06-25+12,430→ 12,430 total
→ Class A Common Stock (12,430 underlying)

Footnotes (3)

[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.
[F3]Each share of phantom stock represents a contingent right to receive one share of Class A Common Stock of the Issuer and resulted from the deferral of vested restricted stock unit award shares. The Reporting Person elected to defer the settlement of the vested restricted stock units on the scheduled vesting date such that the restricted stock units were converted into an equal number of shares of phantom stock.

Signature

/s/ Scott Semel, as attorney-in-fact for Helena Foulkes|2026-06-26

1 file