BOSTON-Skillsoft Corporation $(SKIL)$ has announced a new compensation agreement involving the issuance of 50,000 restricted stock units (RSUs) to Raianne Reiss, coinciding with her recent appointment as Chief Marketing Officer. The grant, made on June 4, 2025, is part of Skillsoft's 2024 Employment Inducement Incentive Award Plan and serves as a significant inducement to her hiring. The RSUs are structured to vest, with half vesting evenly over four years, and the remaining half contingent on meeting specified annual revenue growth targets over a three-year period. This award is in accordance with NYSE Rule 303A.08, which mandates public disclosure of such inducements.
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