FuboTV Form 4: 461,573 direct Class A; RSUs settled post‑closing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FuboTV Inc. (FUBO) director Dr. Leff reported transactions tied to the closing of a Business Combination on October 29, 2025. The company accelerated vesting of 71,146 RSUs, which settled into common stock, and then effected a conversion of all Common Stock into Class A common stock upon its corporate conversion to Delaware.
Following these mechanics, Dr. Leff reported 461,573 Class A shares held directly. He also reported indirect holdings of 1,715,821 Class A shares through Luminari Capital, L.P., and 571,428 Class A shares through Waverley Capital, L.P., with standard beneficial ownership disclaimers. The dispositions and acquisitions reflect the share-class conversion rather than open‑market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
71,146 shares exercised/converted
Mixed
8 txns
Insider
LEFF DANIEL V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,146 | $0.00 | -- |
| Exercise | Common Stock | 71,146 | $0.00 | -- |
| Disposition | Common Stock | 461,573 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 461,573 | $0.00 | -- |
| Disposition | Common Stock | 1,715,821 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 1,715,821 | $0.00 | -- |
| Disposition | Common Stock | 571,428 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 571,428 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 461,573 shares (Direct);
Class A Common Stock — 461,573 shares (Direct);
Common Stock — 0 shares (Indirect, See footnote);
Class A Common Stock — 1,715,821 shares (Indirect, See footnote)
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. Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by Luminari Capital, L.P. ("Luminari Capital"). The general partner of Luminari Capital is Luminari Capital Partners, LLC. Dr. Leff, as managing member of Luminari Capital Partners, LLC, may be deemed to have shared voting and investment power with respect to these securities. Each of Dr. Leff and Luminari Capital Partners, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein and the inclusion of these securities in this filing shall not be deemed an admission by any of them of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by Waverley Capital, L.P. ("Waverley Capital"). The general partner of Waverley Capital is Waverley Capital Partners, LLC. Dr. Leff, as a managing member of Waverley Capital Partners, LLC, may be deemed to have shared voting and investment power with respect to these securities. Each of Dr. Leff and Waverley Capital Partners, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein and the inclusion of these securities in this filing shall not be deemed an admission by any of them of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
FAQ
What did FuboTV (FUBO) disclose in this Form 4?
A director reported the settlement of 71,146 RSUs and the conversion of Common Stock into Class A common stock on October 29, 2025.
What indirect holdings were reported by the director?
The filing lists 1,715,821 Class A shares via Luminari Capital, L.P. and 571,428 Class A shares via Waverley Capital, L.P. with beneficial ownership disclaimers.
What triggered these transactions for FuboTV (FUBO)?
They were tied to the closing of a Business Combination and the company’s conversion to a Delaware corporation on October 29, 2025.
Were these open-market purchases or sales?
No. The acquisitions and dispositions reflect RSU settlement and share-class conversion, not open‑market trades.