SKLZ Files 4 with SEC

Rhea-AI Filing Summary

Skillz Inc. director reported the settlement of previously granted restricted stock units into Class A common stock. On December 22, 2025, 3,510 restricted stock units were converted into 3,510 shares of Class A common stock at a price of $0 per share, reflecting the nature of RSU settlements.

After this transaction, the reporting person directly beneficially owned 10,532 shares of Class A common stock and 3,511 restricted stock units, which remain unvested. The RSU grant had been adjusted for the company’s 1‑for‑20 reverse stock split effective June 23, 2023, and vests 25% on August 3, 2023, with the remainder in substantially equal annual installments over the following two years.

Insider Trade Summary

3,510 shares exercised/converted

Mixed 2 txns

Insider Hoffman Henry M.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,510	$0.00	--
Exercise	Class A common stock	3,510	$0.00	--

Holdings After Transaction: Restricted Stock Units — 3,511 shares (Direct); Class A common stock — 10,532 shares (Direct)

Footnotes (1)

1. The restricted stock units settled in Class A common stock of the Company on December 22, 2025. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock. On June 23, 2023 (the "Effective Date"), the Class A common stock of the Company underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split). The grant of restricted stock units was previously reported as covering 280,878 shares, 140,420 which remained unvested (prior to the Reverse Stock Split, which is equal to 7,021 shares post Reverse Stock Split). Following the reported transactions, 3,511 shares remained unvested (as adjusted for the Company's Reverse Stock Split). Twenty-five percent of the restricted stock unit grant vested on August 3, 2023 and the remainder will vest in substantially equal annual installments thereafter over the next two years. The restricted stock units reported on this report vested prior to December 22, 2025 but were not settled due to black out restrictions.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hoffman Henry M.

(Last) (First) (Middle)

C/O SKILLZ INC.

6625 BADURA AVENUE

(Street)

LAS VEGAS NV 89118

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Skillz Inc. [ SKLZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	12/22/2025		M(1)		3,510	A	$0	10,532	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	12/22/2025		M			3,510(3)(4)	(5)	(5)	Class A common stock	3,510	$0	3,511	D

Explanation of Responses:

1. The restricted stock units settled in Class A common stock of the Company on December 22, 2025.

2. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.

3. On June 23, 2023 (the "Effective Date"), the Class A common stock of the Company underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split).

4. The grant of restricted stock units was previously reported as covering 280,878 shares, 140,420 which remained unvested (prior to the Reverse Stock Split, which is equal to 7,021 shares post Reverse Stock Split). Following the reported transactions, 3,511 shares remained unvested (as adjusted for the Company's Reverse Stock Split).

5. Twenty-five percent of the restricted stock unit grant vested on August 3, 2023 and the remainder will vest in substantially equal annual installments thereafter over the next two years. The restricted stock units reported on this report vested prior to December 22, 2025 but were not settled due to black out restrictions.

Remarks:

	/s/ Nikul D. Patel, Attorney-in-Fact	12/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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