FuboTV Form 4: RSU settlements and 1‑for‑1 Class A conversion
Rhea-AI Filing Summary
FuboTV Inc. (FUBO) director reported equity transactions tied to the company’s completed business combination on October 29, 2025. Two restricted stock unit awards were settled into common stock: 71,146 shares and 98,287 shares via code “M,” each RSU delivering one share. Immediately afterward, in connection with the issuer’s conversion to a Delaware corporation, all common shares were exchanged 1-for-1 into Class A common stock.
Following these steps, the reporting person directly owned 243,577 shares of Class A common stock. The RSUs were accelerated in connection with the closing of transactions among the issuer, The Walt Disney Company, and Hulu LLC, as described in the footnotes.
Positive
- None.
Negative
- None.
Insights
RSUs settled into shares; share class converted 1-for-1.
The director’s Form 4 shows two RSU settlements (transaction code M), delivering 71,146 and 98,287 shares of common stock. RSUs typically convert into shares at no cash cost to the insider when vesting or accelerated. The footnotes state vesting was accelerated upon closing of transactions among the issuer, The Walt Disney Company, and Hulu LLC.
Afterward, all common stock converted 1-for-1 into Class A common stock as the issuer converted to a Delaware corporation. The reporting person’s ending position is 243,577 Class A shares held directly. This filing records mechanics of equity settlement and share class conversion; actual market impact depends on broader transaction disclosures elsewhere.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,146 | $0.00 | -- |
| Exercise | Restricted Stock Units | 98,287 | $0.00 | -- |
| Exercise | Common Stock | 71,146 | $0.00 | -- |
| Exercise | Common Stock | 98,287 | $0.00 | -- |
| Disposition | Common Stock | 243,577 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 243,577 | $0.00 | -- |
Footnotes (1)
- On October 29, 2025 (the "Closing Date"), the Issuer completed the transactions contemplated by the Business Combination Agreement, dated as of January 6, 2025 (the "Business Combination Agreement"), by and among the Issuer, The Walt Disney Company, and Hulu LLC (the "Transactions"). In connection with the consummation of the Transactions, the Issuer accelerated the vesting of the restricted stock unit awards ("RSUs") held by the Reporting Person that were previously reported in his Form 4 filings. Each RSU represented a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). Pursuant to the Business Combination Agreement, on the Closing Date, the Issuer effected a conversion from a Florida corporation to a Delaware corporation (the "Conversion"). Upon effectiveness of the Conversion, each issued and outstanding share of Common Stock was automatically converted into an issued and outstanding share of Class A common stock, par value $0.0001 per share.