---
schema_version: "secwatch.filing_event.v1"
accession: "0001801661-25-000104"
form_type: "8-K"
ticker: "SKLZ"
cik: "0001801661"
company_name: "Skillz Inc."
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:16:55.864836+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Skillz CEO Andrew Paradise receives $6M equity grant plus $3M special PSUs tied to stock milestones

## Summary
- CEO granted $1.5M RSUs and $1.5M PSUs for 2025 annual LTI, and a special $3M PSU award.
- Special PSUs vest over 4 years based on stock price milestones from $9 to $19 (30-day VWAP).
- RSUs vest quarterly over 3 years; PSUs vest based on annual Adjusted EBITDA and NGR goals.
- Awards were delayed due to late 10-K/10-Q filings; granted Dec 19, 2025 after Dec 11 filing catch-up.
- Andrew Paradise is CEO, Chairman, and controlling stockholder of Skillz.

## SEC filing metadata
- accession: 0001801661-25-000104
- form_type: 8-K
- ticker: SKLZ
- cik: 0001801661
- company_name: Skillz Inc.
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801661/000180166125000104/0001801661-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801661/000180166125000104/sklz-20251219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801661-25-000104
- JSON: https://secwatch.observer/filing/0001801661-25-000104.json
- Plain text: https://secwatch.observer/filing/0001801661-25-000104.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.