Ronald W. Hovsepian - 19 May 2025 Form 4 Insider Report for Skillsoft Corp. (SKIL)

Role: CEO & Executive Chair, Director
Signature: /s/ John Frederick, as attorney-in-fact for Ronald W. Hovsepian
Issuer symbol: SKIL
Transactions as of: 19 May 2025
Net transactions value: -$1,330,492
Form type: 4
Filing time: 22 May 2025, 18:15:16 UTC
Previous filing: 07 May 2025
Next filing: 09 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HOVSEPIAN RONALD W	CEO & Executive Chair, Director	C/O SKILLSOFT CORP., 300 INNOVATIVE WAY #2210, NASHUA	/s/ John Frederick, as attorney-in-fact for Ronald W. Hovsepian	22 May 2025	0001091482

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKIL	Class A Common Stock	Award	$0	+133,809	+138%	$0.000000	231,091	19 May 2025	Direct	F1
transaction	SKIL	Class A Common Stock	Tax liability	$1,330,492	-59,344	-26%	$22.42	171,747	19 May 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SKIL	Restricted Stock Units	Award	$0	+90,093		$0.000000	90,093	19 May 2025	Class A Common Stock	90,093		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares earned with respect to a grant of a performance award based on the level of performance achieved as certified by the Issuer's Board on May 18, 2025, and which vested on May 18, 2025. Such amount represents 50% of the Full First Tranche (as defined in the Reporting Person's offer letter with the Issuer dated September 4, 2024) based on the closing price of the Issuer's Class A Common Stock on May 19, 2025, which was the payment date.
F2	Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting.
F3	Represents an annual grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F4	The restricted stock units vest in four equal annual installments beginning May 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date.