Form 4: Skillsoft Corp. Executive Matthew Glitzer Reports Stock Transactions

Chief Revenue Officer Matthew Glitzer reports acquisition and disposal of Skillsoft Corp. Class A Common Stock due to vesting of restricted stock units and tax withholding.

Summary

• On October 1, 2024, Matthew Glitzer, Chief Revenue Officer of Skillsoft Corp., reported transactions involving Class A Common Stock.
• Glitzer acquired 2,812 shares of Class A Common Stock upon the vesting of restricted stock units.
• Simultaneously, 814 shares were disposed of to satisfy tax withholding obligations at a price of $15.13 per share.
• Following these transactions, Glitzer directly owns 7,320 shares of Class A Common Stock.
• Glitzer also holds 5,626 restricted stock units, each representing a contingent right to receive one share of Class A common stock.
• These restricted stock units vest in four equal annual installments beginning October 1, 2023.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to receive stock-based compensation and subsequently manage tax obligations through stock sales.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates