Mandel Alexander 4

What Happened Mandel Alexander, a director of Skillz Inc. (SKLZ), had 7,067 restricted stock units (RSUs settleable into Class A common stock) convert into 7,067 shares on May 19, 2026. The Form 4 shows an acquisition of 7,067 shares at $0.00 (RSU settlement) and a matching conversion/disposition of the derivative instrument (7,067 shares at $0.00). No cash was paid as part of this settlement.

Key Details

• Transaction date: May 19, 2026 (reported on Form 4 filed May 21, 2026).
• Transaction type/codes: M (exercise/conversion of derivative) — acquisition of 7,067 shares and concurrent disposition of the derivative instrument, both at $0.00.
• Price/Value: $0.00 reported for the transactions (reflects RSU settlement; market value not reported in the transaction line).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes from filing: F1—RSUs settled into Class A common stock on May 19, 2026; F2—each RSU equals one share; F3—grant vests in four equal annual installments starting Jan 20, 2024 and the units reported had vested prior to May 19, 2026.
• Timeliness: Form 4 was filed May 21, 2026 for a May 19, 2026 event (within the usual 2-business-day Form 4 reporting window).

Context This was a settlement of vested RSUs (a non-cash award conversion), not a market purchase or sale. Such RSU settlements are routine compensation/ownership events for insiders and do not by themselves indicate a buy or sell signal. The filing shows conversion of a derivative instrument (the RSUs) into common stock rather than an open-market trade.