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Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08
Businesswire· 2026-02-20 22:30
Core Viewpoint - Skillsoft announced the grant of restricted stock units (RSUs) to new executives as part of their employment inducement strategy under NYSE Rule 303A.08, highlighting the company's commitment to attracting top talent in the AI-native skills management sector [1]. Group 1: Employee Inducement Grants - On February 18, 2026, Skillsoft's Talent and Compensation Committee granted 95,000 RSUs to Bernard Barbour as an inducement for his hiring as Chief Technology and Product Officer [1]. - The RSUs granted to Barbour will vest 50% ratably over four years, while the remaining 50% is contingent on achieving specified annual revenue growth targets, with vesting up to 175% based on performance [1]. - Additionally, 25,000 RSUs were granted to David Koehn as an inducement for his hiring as SVP, Product Management on January 5, 2026 [1]. Group 2: Company Overview - Skillsoft is recognized as a global leader in AI-native skills management, focusing on the integration of learning, skills intelligence, and workforce insights to enhance business outcomes [1]. - The company supports over 105 million learners globally and is trusted by 60% of the Fortune 1000, indicating a strong market presence and demand for its services [1].