Skillful Craftsman Education Tech: December 2024 Compensation Report Insights
Here are the key insights extracted from the financial report:
- Filing Type: This document is a Form 6-K, which is a report of a foreign private issuer submitted to the SEC.
- Company Details:
- Name: Skillful Craftsman Education Technology Limited
- Commission File Number: 001-39360
- Address: Floor 4, Building 1, No. 311, Yanxin Road, Huishan District, Wuxi, Jiangsu Province, PRC 214000
- Reporting Period: This report is for the month of December 2024.
- Compensation Committee Actions:
- On December 13, 2024, the Compensation Committee approved the compensation for key executives for the period from October 1, 2024, to September 30, 2025.
- Compensation Details:
- Executives:
- Mr. Bin (Bill) Fu, Chief Executive Officer
- Mr. Dawei Chen, Chief Financial Officer
- Mr. Peng Wang, Director of the Board
- Annual Salary: Each executive will receive a salary of $60,000.
- Equity Compensation: Each executive will be granted 90,000 ordinary shares, which will vest on September 1, 2025, contingent upon their continuous service with the company.
- Compliance: The report indicates that the registrant will file annual reports under Form 20-F.
These points summarize the financial compensation decisions made by the company and the relevant administrative details associated with the filing.