Skillful Craftsman Approves Executive Compensation
Ticker: EDTK · Form: 6-K · Filed: Dec 19, 2024 · CIK: 1782309
Sentiment: neutral
Topics: executive-compensation, board-approval
TL;DR
Skillful Craftsman board approved exec pay packages on Dec 13, details TBD.
AI Summary
On December 13, 2024, the Compensation Committee of Skillful Craftsman Education Technology Limited approved compensation packages for key executives, including CEO Mr. Bin (Bill) Fu, CFO Mr. Dawei Chen, and Director Mr. Peng Wang. The filing does not specify the dollar amounts or details of these compensation packages.
Why It Matters
This filing indicates decisions regarding executive compensation, which can impact company performance and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of executive compensation approval and does not contain significant financial or operational news.
Key Players & Entities
- Skillful Craftsman Education Technology Limited (company) — Registrant
- Mr. Bin (Bill) Fu (person) — Chief Executive Officer
- Mr. Dawei Chen (person) — Chief Financial Officer
- Mr. Peng Wang (person) — Director
- December 13, 2024 (date) — Date of compensation committee approval
FAQ
What specific compensation was approved for Mr. Bin (Bill) Fu, Mr. Dawei Chen, and Mr. Peng Wang?
The filing states that the Compensation Committee approved their compensations, but the specific details and dollar amounts are not disclosed in this Form 6-K.
When was the compensation approved by the Compensation Committee?
The compensation was approved on December 13, 2024.
Which committee of the Board of Directors approved the compensation?
The Compensation Committee of the Board of Directors approved the compensation.
What is the principal executive office address of Skillful Craftsman Education Technology Limited?
The principal executive office is located at Floor 4, Building 1, No. 311, Yanxin Road, Huishan District, Wuxi, Jiangsu Province, PRC 214000.
Does Skillful Craftsman Education Technology Limited file annual reports under Form 20-F or Form 40-F?
The registrant indicates that it files annual reports under Form 20-F.
Filing Stats: 273 words · 1 min read · ~1 pages · Grade level 12.5 · Accepted 2024-12-19 16:30:03
Key Financial Figures
- $60,000 — l receive compensation in the amount of $60,000 per year and each will also be granted
Filing Documents
- form6-k.htm (6-K) — 16KB
- 0001493152-24-050786.txt ( ) — 18KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission file number: 001-39360 SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED Floor 4, Building 1, No. 311, Yanxin Road Huishan District, Wuxi Jiangsu Province, PRC 214000 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F Form 40-F INFORMATION CONTAINED IN THIS FORM 6-K REPORT On December 13, 2024, the Compensation Committee of the Board of Directors (the “Board”) of Skillful Craftsman Education Technology Limited, a Cayman Islands exempted company (the “Company”) approved the compensations to Mr. Bin (Bill) Fu, the Company’s Chief Executive Officer, Mr. Dawei Chen, the Company’s Chief Financial Officer and Mr. Peng Wang, a director of the Board for their services to the Company from October 1, 2024 to September 30, 2025. Each of Mr. Fu, Mr. Chen and Mr. Wang will receive compensation in the amount of $60,000 per year and each will also be granted 90,000 ordinary shares of the Company that will be vested on September 1, 2025, subject to his remaining in the continuous service of the Company or its affiliates on such date. 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, thereunto duly authorized. SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED (Registrant) By: /s/ Bin Fu Name: Bin Fu Title: Chief Executive Officer Date: December 19, 2024