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

Sentiment:

SEC Form 4 Filing


Chief Revenue Officer Matthew Glitzer reports acquisition and disposal of Skillsoft Corp. Class A Common Stock and Restricted Stock Units on May 1, 2025.

Summary

  • On May 1, 2025, Matthew Glitzer, Chief Revenue Officer of Skillsoft Corp., reported transactions involving Class A Common Stock and Restricted Stock Units.
  • Glitzer acquired shares through the vesting of restricted stock units.
  • Simultaneously, shares were disposed of to cover tax withholding obligations.
  • The transactions resulted in an adjusted beneficial ownership of 23,283 shares of Class A Common Stock and 45,000 Restricted Stock Units.
  • The price per share for disposal was $19.18.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their executives.
  • The transactions reported are typical for executives who receive stock-based compensation.
  • Similar filings can be observed for executives at comparable companies like Coursera or Pluralsight.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
05/01/2024First vesting date for some restricted stock units.
05/01/2025Date of transactions: acquisition and disposal of shares and vesting of restricted stock units.
05/01/2025Vesting date for performance-based restricted stock units.
05/05/2025Date of signature for the Form 4 filing.

Keywords

Skillsoft Corp., Matthew Glitzer, Class A Common Stock, Restricted Stock Units, Form 4, Beneficial Ownership, SEC Filing, SKIL

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.