8-K - Skillz Inc. | StockGist

AI Analysis

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Skillz Inc. amended the Side Letter with CFO Gaetano Franceschi on March 19, 2026, extending his Departure Date to the earlier of October 1, 2026 or a mutually agreed date post-Transition Date, while he continues as CFO during the search for a permanent successor. He is eligible for additional $300,000 payment and up to $300,000 discretionary bonus tied to service and transition success.

Key Takeaways

1CFO Gaetano Franceschi's Departure Date extended to earlier of October 1, 2026 or mutually agreed date after Transition Date.

2Side Letter Amendment entered March 19, 2026, approved by Board and Compensation Committee.

3Additional compensation: $300,000 if service through October 1, 2026; discretionary bonus up to $300,000 based on performance and transition success.

4Company continuing search for permanent CFO successor.

Current Report Details

Event Type

Management Change

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

. Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers. As previously disclosed on a Current Report on Form 8-K filed wi

Management Change

$300.0K$300.0K

Executive & Director Changes

Gaetano Franceschi

Chief Financial Officer

Departure Date extended

Effective: 2026-03-19

Transition to permanent successor

Exhibits (1)

8-K