Form 4: Skillsoft CRO Glitzer Reports RSU Vesting & Tax Sales
Statement of Changes in Beneficial Ownership
Skillsoft's Chief Revenue Officer, Matthew Glitzer, reported the vesting of restricted stock units and subsequent tax-related share disposition.
Summary
- Matthew Glitzer, Chief Revenue Officer of Skillsoft Corp. (SKIL), reported changes in his beneficial ownership of Class A Common Stock.
- On October 1, 2025, 2,813 shares of Class A Common Stock were acquired upon the vesting of Restricted Stock Units (RSUs).
- Concurrently, 804 shares of Class A Common Stock were disposed of at a price of $12.93 per share to satisfy tax withholding obligations related to the vesting.
- Following these transactions, Glitzer directly beneficially owns 25,292 shares of Class A Common Stock.
- An additional 2,813 Restricted Stock Units, representing a contingent right to receive Class A Common Stock, remain beneficially owned.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions involving RSU vesting and tax withholding, which is a neutral event and common for executive compensation.
Positives
- The vesting of 2,813 Restricted Stock Units represents a component of executive compensation for the Chief Revenue Officer.
Negatives
- 804 shares of Class A Common Stock were withheld by the Issuer to cover tax withholding obligations, reducing the net shares received by the officer from the RSU vesting.
Stakeholder Impact
- Provides transparency regarding executive compensation and stock ownership changes for Matthew Glitzer, Chief Revenue Officer, which is beneficial for shareholders and regulatory bodies.
Key Dates
| Date | Description |
|---|---|
| 10/01/2023 | Start date for the four equal annual installments of Restricted Stock Unit vesting. |
| 10/01/2025 | Date of earliest transaction, involving RSU vesting and share disposition for tax withholding. |
| 10/03/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Skillsoft, SKIL, Matthew Glitzer, Chief Revenue Officer, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Transaction, Beneficial Ownership, Tax Withholding
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