Skillz (NYSE: SKLZ) CHRO details common stock and equity awards in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Skillz Inc. Chief Human Resources Officer Nicole Marie Singleton filed an initial ownership report showing her equity stake in the company. She directly holds 48,951 shares of Class A common stock. In addition, she holds performance and restricted stock units that may convert into further Class A shares if vesting conditions are met.
The filing lists 4,444 performance stock units tied to the achievement of strategic objective goals, which were certified as achieved on April 10, 2026 and are scheduled to settle into shares on December 31, 2027. It also shows several restricted stock unit grants totaling 34,444, 57,143, and 11,113 underlying shares, each vesting in installments over multi‑year periods, subject to continuous service with Skillz.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Singleton Nicole Marie
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 11,113 shares (Direct, null);
Performance Stock Unit — 4,444 shares (Direct, null);
Class A common stock — 48,951 shares (Direct, null)
Footnotes (1)
- The restricted stock unit grant will vest in twelve substantially equal installments over three years on each three month anniversary of January 1, 2025, subject to continuous service with the Company. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock. Forty percent of the restricted stock unit grant will vest on December 31, 2026 and the remainder will vest in substantially equal quarterly installments thereafter. The restricted stock unit grant will vest in twelve substantially equal installments over three years on each three month anniversary of January 1, 2026, subject to continuous service with the Company. On January 1, 2025, the reporting person was granted performance stock units that were eligible to vest based on the Issuer's achievement of certain strategic objective goals. On April 10, 2026, the Compensation Committee of the Issuer's Board of Directors certified that the strategic objective goals had been satisfied, resulting in the vesting of these units. On December 31, 2027, the units are subject to settlement into shares of Class A common stock.
Key Figures
Direct Class A common stock held: 48,951 shares
Performance stock units underlying shares: 4,444 shares
RSU grant 1 underlying shares: 33,867 shares
+3 more
6 metrics
Direct Class A common stock held
48,951 shares
Beneficial ownership reported for Nicole Singleton
Performance stock units underlying shares
4,444 shares
Units that vested on strategic goal achievement; settle 12/31/2027
RSU grant 1 underlying shares
33,867 shares
Restricted stock units vesting over three years from 1/1/2025
RSU grant 2 underlying shares
57,143 shares
Restricted stock units vesting with 40% on 12/31/2026
RSU grant 3 underlying shares
11,113 shares
Restricted stock units vesting over three years from 1/1/2026
Equity award exercise price
$0.0000 per unit
Performance and restricted stock units exercise/settlement price
Key Terms
Restricted Stock Unit, Performance Stock Unit, continuous service, strategic objective goals
4 terms
Restricted Stock Unit financial
"The restricted stock unit grant will vest in twelve substantially equal installments over three years"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance Stock Unit financial
"the reporting person was granted performance stock units that were eligible to vest based on the Issuer's achievement of certain strategic objective goals"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
continuous service financial
"subject to continuous service with the Company"
strategic objective goals financial
"eligible to vest based on the Issuer's achievement of certain strategic objective goals"
FAQ
What does Nicole Singleton’s Form 3 filing show for Skillz (SKLZ)?
The Form 3 shows Nicole Marie Singleton, Chief Human Resources Officer of Skillz, directly owns 48,951 Class A shares, plus multiple performance and restricted stock unit awards that can convert into additional shares as time-based and performance vesting conditions are satisfied.
What performance stock units does Nicole Singleton hold in Skillz (SKLZ)?
She holds performance stock units representing 4,444 underlying Class A shares. These units vested after Skillz achieved specified strategic objective goals certified on April 10, 2026, and are scheduled to settle into shares of Class A common stock on December 31, 2027, subject to terms.
How do Nicole Singleton’s Skillz (SKLZ) restricted stock units vest?
Her restricted stock units vest in installments over several years, contingent on continuous service with Skillz. Some grants vest in twelve substantially equal quarterly installments over three years, while another vests 40% on December 31, 2026, with the remainder vesting in substantially equal quarterly installments thereafter.
Are there any buy or sell transactions in this Skillz (SKLZ) Form 3?
The Form 3 functions as an initial statement of beneficial ownership and lists holdings rather than reporting new market trades. The data summarizes her existing Class A shares and equity awards without indicating open‑market purchases or sales during the reported period.