Skillz (NYSE: SKLZ) director gains 3,377 shares from RSU conversion

Rhea-AI Filing Summary

Skillz Inc. director Casey Chafkin exercised previously vested restricted stock units that settled into 3,377 shares of Class A common stock on May 19, 2026. These RSUs converted on a one-for-one basis into common shares. Following this routine equity compensation settlement, Chafkin directly holds 790,762 Class A shares.

Insider Trade Summary

3,377 shares exercised/converted

Mixed 2 txns

Insider Chafkin Casey

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,377	$0.00	--
Exercise	Class A common stock	3,377	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A common stock — 790,762 shares (Direct, null)

Footnotes (1)

1. The restricted stock units settled in Class A common stock of the Company on May 19, 2026. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock. Twenty-five percent of the restricted stock unit grant vested on March 14, 2023 and the remainder has vested in substantially equal quarterly installments thereafter. Restricted stock units on this report vested prior to May 19, 2026.

Key Figures

RSU shares settled: 3,377 shares Shares held after transaction: 790,762 shares RSU-to-share ratio: 1 RSU : 1 share +2 more

5 metrics

RSU shares settled 3,377 shares Restricted stock units converted on May 19, 2026

Shares held after transaction 790,762 shares Class A common stock directly held after RSU settlement

RSU-to-share ratio 1 RSU : 1 share Each restricted stock unit represents one Class A share

Exercise/settlement count 1 transaction Single RSU exercise/conversion event reported

Exercise price per RSU $0.00 per unit Restricted stock unit conversion price

Key Terms

Restricted Stock Units, Class A common stock, derivative security

3 terms

Restricted Stock Units financial

"The restricted stock units settled in Class A common stock of the Company on May 19, 2026."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A common stock financial

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

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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
Estimated average burden
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^*

Chafkin Casey

(Last) (First) (Middle)

C/O SKILLZ INC.

6625 BADURA AVENUE

(Street)

LAS VEGAS NEVADA 89118

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

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

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

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	05/19/2026		M(1)		3,377	A	$0	790,762	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)	05/19/2026		M			3,377	(3)	(3)	Class A common stock	3,377	$0	0	D

Explanation of Responses:

1. The restricted stock units settled in Class A common stock of the Company on May 19, 2026.

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

3. Twenty-five percent of the restricted stock unit grant vested on March 14, 2023 and the remainder has vested in substantially equal quarterly installments thereafter. Restricted stock units on this report vested prior to May 19, 2026.

Remarks:

	/s/ Casey Chafkin	05/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Skillz (SKLZ) director Casey Chafkin report?

Casey Chafkin reported an equity award settlement. Previously vested restricted stock units converted into 3,377 shares of Skillz Class A common stock on May 19, 2026, reflecting routine compensation rather than an open-market share purchase or sale.

How many Skillz (SKLZ) shares did the RSU conversion add for Casey Chafkin?

The RSU conversion added 3,377 Class A shares. Each restricted stock unit represented a contingent right to receive one share, and these units settled into common stock as part of Skillz’s equity compensation program on May 19, 2026.

What are restricted stock units in the context of Skillz (SKLZ)?

Restricted stock units (RSUs) are share-based compensation. For Skillz, each RSU gives the holder a contingent right to receive one Class A common share, typically vesting over time and then settling into stock without an open-market transaction.

How many Skillz (SKLZ) shares does Casey Chafkin hold after this Form 4?

Casey Chafkin holds 790,762 Class A shares directly. This total reflects holdings after 3,377 vested restricted stock units settled into common stock on May 19, 2026, as disclosed in the Form 4 filing.

Did the Skillz (SKLZ) Form 4 involve any open-market share sales or purchases?

No open-market trades were disclosed. The filing shows an exercise/conversion of 3,377 restricted stock units into Skillz Class A common stock, with no reported buy or sell transactions in the market associated with this event.