Form 8-K
8-K — Skillsoft Corp.
Accession: 0001437749-26-010495
Filed: 2026-03-31
Period: 2026-03-25
CIK: 0001774675
SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — skil20260330_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ex_939323.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 25, 2026
Skillsoft Corp.
(Exact name of registrant as specified in its charter)
Delaware
001-38960
83-4388331
(State or other jurisdiction
of incorporation)
(Commission File
Number)
(I.R.S. Employer
Identification No.)
300 Innovative Way, Suite 2210
Nashua, NH 03062
(Address of principal executive offices) (Zip Code)
(603) 324-3000
Registrant's telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which
registered
Class A common stock, $0.0001 par value per share
SKIL
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 25, 2026, the Board of Directors (the “Board”) of Skillsoft Corp., a Delaware corporation (“Skillsoft” or the “Company”), on the recommendation of the Nominating and Governance Committee of the Board, appointed Mr. Arthur Gilliland as a Class II director, effective immediately, to fill the vacant position on the Board. Mr. Gilliland will serve as a Class II director, with a term expiring at the Company’s 2026 Annual Meeting of Stockholders (“2026 Meeting”), or until his successor has been duly elected and qualified, or upon his earlier resignation, retirement or other termination of service. The Board has also appointed Mr. Gilliland as a member of the Audit Committee and as Chair of the Talent and Compensation Committee, effective March 25, 2026.
Mr. Gilliland, age 55, is currently serving as the Chief Executive Officer of Delinea, Inc., a leader in identity security (since March 2021). Prior to Delinea, Mr. Gilliland was the Senior Vice President and General Manager of the Symantec Enterprise Division of Broadcom reporting to the Chief Executive Officer, where he led the integration and business operations post-acquisition. He also served as the Executive Vice President and General Manager of the Enterprise Security Business. Prior to Symantec, Mr. Gilliland served as president and Chief Executive Officer of Skyport Systems, a SaaS managed secure infrastructure provider that was acquired by Cisco Systems in 2018. Mr. Gilliland has previously served in senior roles at HP, Symantec, IMlogic, and Exchange Solutions. Mr. Gilliland holds several key patents in security. Mr. Gilliland has also served as a member of the Board of Directors of OneSpan (Nasdaq: OSPN) and as a member of the Board of Directors of Gigamon. Mr. Gilliland earned a bachelor’s degree in economics from Carleton College and a Master’s of Business Administration from Harvard Business School.
There is no arrangement or understanding between Mr. Gilliland and any other persons pursuant to which he was appointed as a director. Mr. Gilliland does not have any direct or indirect material interest in any transaction or proposed transaction (or series of transactions) required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Mr. Gilliand will receive: (i) an annual cash retainer of $50,000 for his director service; (ii) an annual cash retainer of $10,000 for his service on the Audit Committee; and (iii) an annual cash retainer of $25,000 for his service as the Chair of the Talent and Compensation Committee, to be paid quarterly in arrears (prorated in each case for fiscal 2027). On March 25, 2026, Mr. Gilliland was granted an equity award of 6,250 restricted stock units (“RSUs”), valued at $25,625 on the grant date, for his expected service from March 25, 2025 to the date of the 2026 Meeting. Such RSUs will vest on the earlier to occur of the 2026 Meeting or one year from the date of grant, whichever occurs first, subject to Mr. Gilliland’s continued service through the vesting date. If elected at the 2026 Meeting, Mr. Gilliland will be entitled to the same annual equity award received by other directors.
In addition, Mr. Gilliland received an onboarding equity award of 25,000 RSUs on March 25, 2026 (valued at $102,500) which will vest in equal installments over three (3) years, with the first tranche of the award vesting on April 1, 2027, and in each case, subject to Mr. Gilliland’s continued service through the applicable vesting date.
Mr. Gilliland has entered into the Company’s standard form of indemnity agreement for directors of the Company, pursuant to which the Company, subject to specified conditions, will indemnify Mr. Gilliland to the fullest extent permitted by applicable law for all expenses and liabilities incurred in connection with any threatened, pending or completed proceeding arising out of his service to the Company, including the advancement of expenses in certain circumstances. A copy of the form of indemnification agreement is included as Exhibit 10.10 to the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 14, 2025. The Board has affirmatively determined that Mr. Gilliland is independent under applicable Company standards, Section 303A of the New York Stock Exchange Listed Company Manual, and applicable SEC requirements.
Item 9.01.
Financial Statement and Exhibits.
(d)
Exhibits
Exhibit No.
Description
99.1
Press Release, dated March 31, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 31, 2026
SKILLSOFT CORP.
By:
/s/ John Frederick
Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
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Exhibit 99.1
Skillsoft Appoints Art Gilliland to Board of Directors
Cybersecurity CEO and enterprise software leader brings deep expertise in governance, risk, and AI-driven transformation
BOSTON – March 31, 2026 – Today, Skillsoft (NYSE: SKIL), a leading AI-native skills management platform built for the human + AI era, announced that Art Gilliland has joined its Board of Directors, effective March 25, 2026.
Mr. Gilliland is Chief Executive Officer of Delinea, a leader in identity security, and brings more than 25 years of experience leading global enterprise software and cybersecurity businesses. He previously led the Symantec Enterprise Division at Broadcom, where he oversaw integration and operations following its acquisition, and has held senior leadership roles at Skyport Systems, HP, and Symantec.
Mr. Gilliland brings seasoned board-level leadership and operational judgment shaped by experience advising and leading technology organizations through complex market transactions, regulatory scrutiny and large scale transformations. His background overseeing security-centric enterprise platforms adds strategic depth to Skillsoft’s Board as the company balances innovation with disciplined oversight and long-term value creation.
“Art is a proven CEO with deep expertise across cybersecurity, enterprise software, and AI, bringing a unique combination of leadership and technical perspective that aligns closely with where we are taking Skillsoft,” said Ron Hovsepian, Chief Executive Officer and Executive Chairman of Skillsoft. “His experience scaling enterprise businesses and operating at the intersection of technology and AI, combined with his independence as a director, will be invaluable as we continue to advance our platform and drive long-term growth.”
“As AI fundamentally reshapes how work gets done, questions of trust, access, and accountability are becoming core leadership concerns,” said Mr. Gilliland. “Skillsoft is uniquely positioned to help organizations build not only critical skills, but also the decision-making frameworks needed to navigate this complexity responsibly. I am looking forward to supporting the team as they extend their leadership in the AI-native workforce transformation and drive the company’s next phase of growth.”
About Art Gilliland
A 25-year veteran of the cybersecurity industry, Art has a proven track record of success in the global, enterprise software industry. Art is currently serving as the CEO of Delinea, a leader in identity security, enabling enterprises to secure human, machine, and AI identities across on premises, multi-cloud and dynamic environments. Prior to Delinea, Art was the Senior Vice President and General manager of the Symantec Enterprise Division of Broadcom reporting to the CEO, where he led the integration and business operations post-acquisition. He also served as the Executive Vice President and General Manager of Enterprise Security Business. Prior to Symantec, Mr. Gilliland served as president and CEO of Skyport Systems, a SaaS managed secure infrastructure provider that was acquired by Cisco Systems. Before Skyport, Mr. Gilliland contributed in senior roles at HP, Symantec, IMlogic, and Exchange solutions. Recognized as an information security expert, Art holds several key patents in security. Mr. Gilliland has also served as a member of the Board of Directors of OneSpan (OSPN) and as a member of the Board of Directors of Gigamon. He is also a member of Forbes Technology Council and a member of The Wall Street Journal Leadership Institute. Mr. Gilliland earned a bachelor’s degree in Economics from Carleton College and a Master’s of Business Administration from Harvard Business School.
About Skillsoft
Skillsoft (NYSE: SKIL) is a global leader in AI-native skills management for the human + AI era. By unifying learning, real-time skills intelligence, and workforce insights, Skillsoft helps enterprises build their Skillforce™ — humans and AI working together to drive measurable business outcomes. Through personalized, interactive learning across leadership, technology, and compliance, Skillsoft enables organizations to close critical skill gaps and accelerate transformation. Skillsoft is trusted by thousands of organizations worldwide, including 60% of the Fortune 1000, and supports a global community of more than 105 million learners. Learn more at skillsoft.com.
Investors
Ross Collins
SKIL@alpha-ir.com
Media
Vito Gallo
vito.gallo@skillsoft.com
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