Andrew Paradise - 19 Dec 2025 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
/s/ Nikul D. Patel, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
19 Dec 2025
Net transactions value
$0
Form type
4
Filing time
23 Dec 2025, 19:00:18 UTC
Previous filing
18 Nov 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Paradise Andrew Chief Executive Officer, Director, 10%+ Owner C/O SKILLZ INC., 6625 BADURA AVENUE, LAS VEGAS /s/ Nikul D. Patel, Attorney-in-Fact 23 Dec 2025 0001836621

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $0 +71,430 +7.1% $0.000000 1,077,422 22 Dec 2025 Direct F1
transaction SKLZ Class A common stock Options Exercise $0 +362,304 +34% $0.000000 1,439,726 22 Dec 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKLZ Restricted Stock Units Award $0 +285,714 $0.000000 285,714 19 Dec 2025 Class A common stock 285,714 Direct F2, F3
transaction SKLZ Restricted Stock Units Options Exercise $0 -71,430 -25% $0.000000 214,284 22 Dec 2025 Class A common stock 71,430 Direct F2, F3
transaction SKLZ CEO Performance Stock Unit Award $0 +571,429 $0.000000 571,429 19 Dec 2025 Class A common stock 571,429 Direct F4
transaction SKLZ Restricted Stock Units Options Exercise $0 -362,304 -44% $0.000000 452,889 22 Dec 2025 Class A common stock 362,304 Direct F2, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units settled in Class A Common stock of the Company on December 22, 2025.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
F3 As of the grant date, 71,430 restricted stock units have vested. The remaining 214,284 restricted stock units 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.
F4 Each performance stock unit represents a contingent right to receive one share of the Company's Class A common stock. The number of securities reported represents the target payout of the award. The number of shares of the Company's Class A common stock payable upon vesting of the award could range from 0% to 200% of target, if and to the extent that the Company's stock price reaches specified levels during the performance period from January 1, 2025 to December 31, 2029. No performance stock units have vested.
F5 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).
F6 The grant of restricted stock units was previously reported as covering 28,984,577 shares, 16,303,860 (prior to the Reverse Stock Split, which is equal to 815,193 shares post Reverse Stock Split). Following the reported transactions, 452,889 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
F7 90,576 restricted stock units reported on this report vested prior to December 22, 2025 but were not settled due to black out restrictions. The remainder will vest in substantially equal quarterly installments thereafter over the following twelve calendar quarters.

Remarks:

Exhibit 24.1 See power of attorney attached.