Swiniarski Keith C. 4
4 · Skillsoft Corp. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Skillsoft (SKIL) Principal Accounting Officer Keith Swiniarski Receives 660 Shares
What Happened
Keith C. Swiniarski, Principal Accounting Officer of Skillsoft Corp. (SKIL), had restricted stock units (RSUs) convert into shares on March 1, 2026. The filing shows 938 shares were issued on conversion (reported as an exercise/conversion of a derivative at $0.00). To satisfy tax withholding obligations, 278 of those shares were withheld/disposed at $4.19 each, generating $1,165. Net shares delivered to Swiniarski: 938 − 278 = 660 shares.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (reporting period 2026-03-01).
- Conversion: 938 shares credited on RSU conversion (code M) at $0.00.
- Tax withholding: 278 shares disposed (code F) at $4.19 per share for $1,165.
- Net shares received by insider: 660 shares.
- Footnotes: F1 = shares withheld to satisfy tax withholding; F2 = each RSU equals one share; F3 = RSUs vest in four equal annual installments beginning March 1, 2024, subject to continued employment.
- Shares owned after the transaction: not specified in the summarized entries of this filing.
Context
This was an RSU vesting and settlement (not an open-market buy or a discretionary sale). The filing shows the usual conversion of RSUs into common stock and a share-withholding to cover taxes (a common administrative step). Such awards reflect compensation vesting rather than a market purchase decision; they are routine and do not by themselves indicate insider sentiment about the stock.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-01+938→ 2,913 total - Tax Payment
Class A Common Stock
[F1]2026-03-01$4.19/sh−278$1,165→ 2,635 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-01−938→ 938 total→ Class A Common Stock (938 underlying)
Footnotes (3)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- [F3]The restricted stock units vest in four equal annual installments beginning March 1, 2024, subject to the Reporting Person remaining continuously employed through each vesting date.