FRANKOLA JIM 4
4 · Skillsoft Corp. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Skillsoft (SKIL) Director Jim Frankola Receives 16,875 RSU Award
What Happened
Jim Frankola, a director of Skillsoft Corp. (SKIL), received a grant of 16,875 restricted stock units (RSUs) on March 25, 2026. The award is reported as a derivative acquisition (transaction code A) at an acquisition price of $0.00 — no cash was paid at grant. The RSUs represent contingent rights to receive shares of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-27).
- Grant: 16,875 RSUs; reported acquisition price $0.00 (derivative award).
- Vesting: RSUs vest on April 1, 2027, subject to continued service by the reporting person (per footnote).
- Shares owned after transaction: not specified in the filing excerpt provided.
- Filing timeliness: Form 4 was filed within the typical 2-business-day window (not marked late).
- Transaction code: A = Award/Grant; footnote clarifies each RSU equals a contingent right to one Class A share.
Context
RSU grants to directors are common compensation for service and do not require immediate cash outlay; they become shares only if/when they vest. Such awards are routine and not direct buy/sell signals—value to the insider will depend on company share price at vesting and continued service through the vesting date.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-25+16,875→ 16,875 total→ Class A Common Stock (16,875 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 will vest on April 1, 2027, subject to Reporting Person's continued service.