fuboTV Insider Sales: Dr. Leff Reports Multiple Dispositions and Fund Distributions

Q: What transactions did Dr. Daniel V. Leff report for FUBO on this Form 4?

The Form 4 reports multiple dispositions of common stock on 08/12/2025 and 08/13/2025 totaling several blocks (e.g., 38,265 , 12,755 , 8,674 ) sold at weighted average prices of $3.6219 and $3.6718 .

Q: Who signed the Form 4 filing on behalf of the reporting person?

The Form 4 is signed by /s/ David Gandler, as Attorney-in-Fact with signature date 08/14/2025.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

fuboTV Inc. insider transactions by director Dr. Daniel V. Leff. The Form 4 shows multiple dispositions of common stock on August 12-13, 2025, totaling sales at weighted average prices of $3.6219 and $3.6718 per share. Reported non-derivative sales include blocks of 38,265; 12,755; and 8,674 shares on 08/12/2025 and similar sizes on 08/13/2025, with remaining beneficial ownership positions reported across entities controlled by the reporting person. Footnotes state certain shares are owned by funds (Luminari Capital, Waverley Capital, WL fuboTV) and that 113,678 shares were received by the reporting person from those funds in pro rata distributions in kind.

Positive

Pro rata distribution received: Footnote states the reporting person received 113,678 shares from affiliated funds in distributions in kind.

Negative

Material insider dispositions: Multiple sales on 08/12/2025 and 08/13/2025, including blocks of 38,265, 12,755, and 8,674 shares, at weighted average prices of $3.6219 and $3.6718.
Indirect concentration: Significant remaining holdings are held indirectly through funds (Luminari Capital, Waverley Capital, WL fuboTV), which may limit transparency into individual intentions.

Insights

TL;DR: Director sold meaningful share blocks across two days at ~$3.62–$3.67, reducing reported holdings; could signal liquidity or portfolio rebalancing.

Dr. Leff's Form 4 reports sizable open-market sales over August 12-13, 2025, at weighted average prices of $3.6219 and $3.6718. The transactions are reported as dispositions across multiple reporting entities tied to Dr. Leff, with post-transaction beneficial ownership figures provided by entity. The filing also notes a pro rata in-kind distribution totaling 113,678 shares to the reporting person from affiliated funds. For investors, the material items are the aggregate shares sold and the continuing indirect holdings via investment vehicles rather than direct individual ownership.

TL;DR: Routine Section 16 disclosure shows sales and fund-related transfers; ownership is largely indirect through managed funds.

The filing emphasizes that many shares are held by Luminari Capital, Waverley Capital and WL fuboTV, with managing-member relationships disclosed and disclaimers of beneficial ownership except for pecuniary interest. The transfers and pro rata distributions appear to be fund-level actions with reporting required by Section 16. This is a standard governance disclosure to clarify voting and investment power across related entities.

Insider Trade Summary

Net Seller: 119,388 shares ($435,390)

Net Sell 7 txns

Insider LEFF DANIEL V

Role Director

Sold 119,388 shs ($435K)

Type	Security	Shares	Price	Value
Sale	Common Stock	38,266	$3.6718	$141K
Sale	Common Stock	12,755	$3.6718	$47K
Sale	Common Stock	8,673	$3.6718	$32K
Sale	Common Stock	38,265	$3.6219	$139K
Sale	Common Stock	12,755	$3.6219	$46K
Sale	Common Stock	8,674	$3.6219	$31K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,715,821 shares (Indirect, See footnote); Common Stock — 456,488 shares (Direct)

Footnotes (1)

The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $3.61 to $3.64. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The Amount of Securities Beneficially Owned Following Reported Transaction reflects a pro rata distribution in kind by the funds to their respective partners. 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, L.P. ("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. The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $3.65 to $3.71. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Reflects the receipt of 113,678 shares of common stock from Luminari Capital, Waverley Capital and WL fuboTV (each as defined above) in pro rata distributions in kind, and a transfer of 32,585 shares of common stock that are no longer reported as beneficially owned by the reporting person, which was exempt from reporting.

Form 4 Insider Transactions: What Each Field Means →

08/14/2025 - 09:51 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEFF DANIEL V

(Last)

(First)

(Middle)

C/O FUBOTV INC.

1290 AVENUE OF THE AMERICAS

(Street)

NEW YORK

10104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
fuboTV Inc. /FL [ FUBO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/12/2025		S		38,265	D	$3.6219⁽¹⁾	1,754,087⁽²⁾	I	See footnote⁽³⁾
Common Stock	08/12/2025		S		12,755	D	$3.6219⁽¹⁾	584,183⁽²⁾	I	See footnote⁽⁴⁾
Common Stock	08/12/2025		S		8,674	D	$3.6219⁽¹⁾	8,673⁽²⁾	I	See footnote⁽⁵⁾
Common Stock	08/13/2025		S		38,266	D	$3.6718⁽⁶⁾	1,715,821	I	See footnote⁽³⁾
Common Stock	08/13/2025		S		12,755	D	$3.6718⁽⁶⁾	571,428	I	See footnote⁽⁴⁾
Common Stock	08/13/2025		S		8,673	D	$3.6718⁽⁶⁾	0	I	See footnote⁽⁵⁾
Common Stock								456,488⁽⁷⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $3.61 to $3.64. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The Amount of Securities Beneficially Owned Following Reported Transaction reflects a pro rata distribution in kind by the funds to their respective partners.

3. 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.

4. 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 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.

5. 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.

6. The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $3.65 to $3.71. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. Reflects the receipt of 113,678 shares of common stock from Luminari Capital, Waverley Capital and WL fuboTV (each as defined above) in pro rata distributions in kind, and a transfer of 32,585 shares of common stock that are no longer reported as beneficially owned by the reporting person, which was exempt from reporting.

	/s/ David Gandler, as Attorney-in-Fact	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Source: View Original Filing on SEC EDGAR

FAQ

What transactions did Dr. Daniel V. Leff report for FUBO on this Form 4?

The Form 4 reports multiple dispositions of common stock on 08/12/2025 and 08/13/2025 totaling several blocks (e.g., 38,265, 12,755, 8,674) sold at weighted average prices of $3.6219 and $3.6718.

How many shares were received in distributions according to the filing?

Footnote 7 states the reporting person received a pro rata distribution of 113,678 shares from Luminari Capital, Waverley Capital and WL fuboTV.

Are the reported shares owned personally by Dr. Leff or by funds?

The filing discloses that many shares are owned directly by funds (Luminari Capital, Waverley Capital, WL fuboTV) and that Dr. Leff may be deemed to have shared voting and investment power as a managing member; the entities disclaim direct beneficial ownership except for pecuniary interest.

What prices were the shares sold at in the reported transactions?

The sales were executed in multiple transactions with weighted average prices reported as $3.6219 for 08/12/2025 and $3.6718 for 08/13/2025; per-share trade prices ranged from $3.61–$3.64 and $3.65–$3.71 respectively according to footnotes.

Who signed the Form 4 filing on behalf of the reporting person?

The Form 4 is signed by /s/ David Gandler, as Attorney-in-Fact with signature date 08/14/2025.