Welcome to our dedicated page for Skillz SEC filings (Ticker: SKLZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Skillz Inc. filings document regulatory disclosures for a public mobile gaming platform company with Skillz and RZR reportable businesses. Recent Form 8-K reports cover financial results and related exhibits, executive officer departures and transition arrangements, board composition, Audit Committee membership, annual meeting scheduling and stockholder voting results.
Proxy materials describe director elections, auditor ratification, executive compensation matters and proposed amendments to the company’s 2020 Omnibus Incentive Plan. The filings also provide formal records of governance procedures, common-stock voting matters, capital-structure disclosures such as debt and cash balances reported with results, and corporate controls around stockholder nominations and annual meeting business.
Skillz Inc. disclosed that Michael Darwal, who had been appointed to become Chief Financial Officer effective January 12, 2026, has withdrawn his acceptance of the role, effective immediately, and will not assume the position. To maintain continuity, the company entered into a side letter with current CFO Gaetano Franceschi, extending his termination date under a prior transition and separation agreement to March 31, 2026, with an option for Skillz to extend this to June 30, 2026. Mr. Franceschi will remain Chief Financial Officer until a permanent successor is appointed, continue to receive his existing base salary and benefits, and be eligible for a prorated 2026 annual bonus based on the company’s actual performance. Skillz is conducting an ongoing search for a permanent CFO and plans to announce a successor once that process concludes.
Skillz Inc. reported an insider equity transaction by a director. On December 22, 2025, 19,048 restricted stock units settled into 19,048 shares of the company’s Class A common stock at a stated price of $0 per share, leaving the director with 19,048 Class A shares held directly. The filing also shows 57,142 restricted stock units remaining beneficially owned directly after the transaction.
Each restricted stock unit represents the right to receive one share of Class A common stock. The units reported had already vested before December 22, 2025 but settlement was delayed due to blackout restrictions. The remaining restricted stock units are scheduled to vest in equal annual installments on October 4 of each year over the next three years.
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.
Skillz Inc. reported an insider equity transaction by a director involving the settlement of previously granted restricted stock units. On December 22, 2025, the director acquired 917 and 16,860 shares of Class A common stock at a price of $0 per share upon the settlement of restricted stock units, for a total of 17,777 shares.
The filing explains that each restricted stock unit represents the right to receive one share of Class A common stock, and all amounts are adjusted for the company’s 1-for-20 reverse stock split effective June 23, 2023. After these transactions, 3,377 restricted stock units remain unvested under the original grant, which vests in substantially equal quarterly installments following initial vesting dates in March 2022 and March 2023. Some units vested earlier but were only settled once blackout restrictions lifted.
Skillz Inc. director reports RSU settlements into Class A shares. On December 22, 2025, a Skillz Inc. director converted previously granted restricted stock units into Class A common stock at a stated price of $0 per share. Two RSU grants settled, delivering 304 and 16,129 Class A shares, which increased the director’s directly held Class A stock to 2,173 and 18,302 shares, respectively.
The director also reports indirect ownership of 10,000 Class A shares through a Grantor Retained Annuity Trust and 71,390 Class A shares through another trust for which he is grantor, trustee, and beneficiary. The filing notes that all share amounts have been adjusted for a prior 1‑for‑20 reverse stock split and that certain RSUs had vested earlier but were settled later due to blackout restrictions.
Skillz Inc. director reported the settlement of previously granted restricted stock units into Class A common stock. On December 22, 2025, 7,067 restricted stock units converted into 7,067 shares of Class A common stock at an exercise price of $0, increasing the director’s directly held Class A common stock to 14,134 shares.
The filing also shows ongoing equity incentives. After this settlement, the director still holds 14,137 restricted stock units, which were part of a grant that vests in four equal annual installments beginning on January 20, 2024. All share amounts reflect Skillz’s 1‑for‑20 reverse stock split effective June 23, 2023.
Skillz Inc. insider equity activity: The company’s Chief Executive Officer, who is also a director and 10% owner, reported equity awards and vesting transactions involving Class A common stock and related stock units.
On December 19, 2025, the CEO received 285,714 restricted stock units, each representing a right to one share of Class A common stock, and a CEO performance stock unit award covering 571,429 units. The performance units may pay out from 0% to 200% of this target amount depending on Skillz’s stock price performance from January 1, 2025 through December 31, 2029.
On December 22, 2025, restricted stock units settled into 71,430 and 362,304 shares of Class A common stock at a price of $0, reflecting equity compensation rather than a cash purchase. Following these transactions, portions of the RSU grants remain unvested and will generally vest in substantially equal quarterly installments over three years, and certain units previously vested were settled later due to blackout restrictions. All amounts have been adjusted for Skillz’s 1‑for‑20 reverse stock split.
Skillz Inc.’s chief financial officer reported equity transactions involving Class A common stock and restricted stock units. On December 22, 2025, the officer acquired 57,142 shares and 65,359 shares of Class A common stock at a price of $0 per share through code “M” transactions, reflecting the settlement of previously granted restricted stock units, and held 122,501 shares directly afterward. A new grant of 76,190 restricted stock units was reported on December 19, 2025, each representing a contingent right to receive one share of Class A common stock. As of the grant date, 57,142 restricted stock units had vested, with the remaining 19,048 scheduled to vest on January 1, 2026, subject to continued service, and some units were previously delayed in settlement due to blackout restrictions.
Skillz Inc. reported an equity award to one of its executives. The company’s Chief Accounting Officer received 12,610 restricted stock units12/19/2025. Each RSU represents a contingent right to receive one share of Skillz’s Class A common stock.
The filing states that 100% of this RSU grant will vest on July 14, 2026
Skillz Inc. disclosed that, after delays in filing its 2024 annual report and 2025 quarterly reports, it granted its ordinary course 2025 long‑term equity awards to employees on December 19, 2025. On the same date, the Board, following a recommendation from a special committee of independent directors, approved new equity awards for CEO and controlling stockholder Andrew Paradise under the 2020 Omnibus Incentive Plan.
The CEO package includes a 2025 long‑term incentive award of RSUs with a grant date fair value of $1.5 million and PSUs with a grant date fair value of $1.5 million, plus a special one‑time PSU award with a grant date fair value of $3.0 million. RSUs vest in 12 quarterly installments over three years starting January 1, 2025, while PSUs are earned over a three‑year performance period based on annual goals such as Adjusted EBITDA and net gaming revenue.
The special PSUs can be earned over four years if stock price milestones between $9.00 and $19.00 are met, with up to 200% of target shares possible. The filing outlines pro‑rata vesting rules and forfeiture if Mr. Paradise is terminated for “Cause” or resigns without “Good Reason,” as well as treatment of the awards upon a Change in Control.