fuboTV Board Member Increases Stake as Streaming Service Rewards Leadership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Daniel V. Leff, Director at fuboTV, reported significant insider transactions on June 16-17, 2025. Key details include:
- Acquisition of 179,198 shares through the vesting of Restricted Stock Units (RSUs)
- Grant of 71,146 new RSUs that will vest by June 17, 2026 or before the 2026 annual meeting
- Following transactions, Leff directly owns 450,734 shares
- Indirect ownership through investment vehicles: - Luminari Capital: 2,573,732 shares - Waverley Capital: 1,348,228 shares - WL fuboTV: 598,293 shares
Leff shares voting and investment power with Edgar Bronfman for the indirect holdings through various investment partnerships. The transactions indicate continued long-term alignment between the director and company interests through equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
179,198 shares exercised/converted
Mixed
6 txns
Insider
LEFF DANIEL V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 71,146 | $0.00 | -- |
| Exercise | Restricted Stock Units | 179,198 | $0.00 | -- |
| Exercise | Common Stock | 179,198 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 71,146 shares (Direct);
Common Stock — 450,734 shares (Direct);
Common Stock — 2,573,732 shares (Indirect, See footnote)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of fuboTV Inc. common stock. 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. Edgar Bronfman has an assignee interest in 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, Mr. Bronfman 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 LP ("Waverley Capital"). The general partner of Waverley Capital is Waverley Capital Partners, LLC. Dr. Leff and Mr. Bronfman, as managing members of Waverley Capital Partners, LLC, may be deemed to have shared voting and investment power with respect to these securities. Each of Dr. Leff, Mr. Bronfman 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. Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by WL fuboTV, LP ("WL fuboTV"). The general partner of WL fuboTV is WL fuboTV GP, LLC. Dr. Leff and Mr. Bronfman, as managing members of WL fuboTV GP, LLC, may be deemed to have shared voting and investment power with respect to these shares. Each of Dr. Leff, Mr. Bronfman and WL fuboTV GP, 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. On June 18, 2024, the Reporting Person was granted 179,198 RSUs, which have fully vested. The RSUs vest on the earlier of (i) June 17, 2026 and (ii) one day prior to the Issuer's 2026 annual meeting of shareholders, subject to the Reporting Person's continued service with the Issuer through such vesting date.
FAQ
What is Daniel Leff's total direct ownership of FUBO stock after the June 2025 transactions?
Following the reported transactions, Daniel Leff directly owns 450,734 shares of FUBO common stock. However, he also has indirect beneficial ownership of additional shares through various investment entities.
How many new FUBO Restricted Stock Units (RSUs) did Daniel Leff receive in June 2025?
Daniel Leff received 71,146 new Restricted Stock Units (RSUs) on June 17, 2025. These RSUs will vest on the earlier of June 17, 2026, or one day prior to FUBO's 2026 annual meeting of shareholders.
What is Daniel Leff's indirect ownership position in FUBO through investment entities?
Daniel Leff has indirect beneficial ownership of FUBO shares through three entities: 2,573,732 shares through Luminari Capital, L.P., 1,348,228 shares through Waverley Capital LP, and 598,293 shares through WL fuboTV, LP.
What is Daniel Leff's role at FUBO as disclosed in the Form 4?
The Form 4 indicates that Daniel Leff serves as a Director of fuboTV Inc. (FUBO).