Skillz Inc. Grants CEO Andrew Paradise $6 Million in 2025 Equity Awards

Reuters05:19

<a href="https://laohu8.com/S/SKLZ">Skillz Inc</a>. Grants CEO Andrew Paradise $6 Million in 2025 Equity Awards

Skillz Inc. has announced new compensation terms for 2025, following delays in filing its annual and quarterly reports. On December 19, 2025, the company granted its annual long-term equity incentive awards to employees. For CEO Andrew Paradise, the board approved a 2025 long-term equity incentive grant consisting of $1.5 million in restricted stock units (RSUs) and $1.5 million in performance stock units (PSUs). Additionally, Paradise received a one-time special PSU award with a grant date fair value of $3.0 million. The PSUs are subject to performance-based vesting over a three-year period, with payouts ranging from 0% to 200% based on metrics such as Adjusted EBITDA and net gaming revenue. The special PSU award will vest over four years, contingent on achieving stock price milestones between $9.00 and $19.00, with vesting occurring only if the company’s stock price reaches at least $9.00.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skillz Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001801661-25-000104), on December 23, 2025, and is solely responsible for the information contained therein.

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Grants CEO Andrew Paradise $6 Million in 2025 Equity Awards\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-24 05:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SKLZ\">Skillz Inc</a>. Grants CEO Andrew Paradise $6 Million in 2025 Equity Awards\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Skillz Inc. has announced new compensation terms for 2025, following delays in filing its annual and quarterly reports. On December 19, 2025, the company granted its annual long-term equity incentive awards to employees. For CEO Andrew Paradise, the board approved a 2025 long-term equity incentive grant consisting of $1.5 million in restricted stock units (RSUs) and $1.5 million in performance stock units (PSUs). Additionally, Paradise received a one-time special PSU award with a grant date fair value of $3.0 million. The PSUs are subject to performance-based vesting over a three-year period, with payouts ranging from 0% to 200% based on metrics such as Adjusted EBITDA and net gaming revenue. 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ID: 0001801661-25-000104), on December 23, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKLZ","symbol_name":"Skillz Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251223:nNDL7ft4nM:1","article_id":"2593744356","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593744356","pubTimestamp":1766524766,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Skillz Inc. has announced new compensation terms for 2025, following delays in filing its annual and quarterly reports. 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ID: 0001801661-25-000104), on December 23, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive,shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593744356","isCrawlerRequest":true}