Form 4: Skillsoft Executive Apratim Purakayastha Reports Stock Transactions
SEC Form 4
Apratim Purakayastha, a Skillsoft Corp. executive, reported the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- On June 1, 2024, Apratim Purakayastha, GM, Enterprise Solutions, CPTO of Skillsoft Corp., reported transactions involving Class A Common Stock.
- These transactions included the vesting of 3,466 and 4,034 restricted stock units and the subsequent withholding of 1,033 and 1,202 shares, respectively, to cover tax obligations.
- The price per share for tax withholding was $9.66.
- Following these transactions, Purakayastha directly owns 19,007 shares of Class A Common Stock and 0 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, 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 stock transactions. It allows investors to monitor the buying and selling activity of company executives, which can provide insights into their perspective on the company's performance and future prospects.
Key Dates
| Date | Description |
|---|---|
| 06/01/2023 | Beginning of vesting period for restricted stock units. |
| 06/01/2024 | Date of stock transactions (vesting and tax withholding). |
| 06/04/2024 | Date of Form 4 filing. |
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