FUBO Form 4: Executive Chairman discloses large share sales totaling 397,355
Rhea-AI Filing Summary
fuboTV Inc. (FUBO) Form 4 summary: The filing reports that reporting person Bronfman Edgar Jr. (Executive Chairman and Director) disposed of multiple blocks of fuboTV common stock on 08/12/2025 and 08/13/2025. The Form shows disposals of 38,265, 12,755 and 8,674 shares on 08/12/2025 and 38,266, 12,755 and 8,673 shares on 08/13/2025, plus an additional reported disposition of 277,967 shares, totaling 397,355 shares disposed as reported. Prices are reported as weighted averages with transaction ranges of $3.61–$3.64 on 08/12/2025 and $3.65–$3.71 on 08/13/2025. The filing notes many shares are held indirectly by investment vehicles (Luminari Capital, Waverley Capital, WL fuboTV) and that Mr. Bronfman disclaims direct beneficial ownership of those fund-held shares except for pecuniary interest. The signature was filed by an attorney-in-fact.
Positive
- None.
Negative
- Insider disposals totaling 397,355 shares reported on 08/12/2025 and 08/13/2025
- Sales executed at low single-digit dollar prices with reported transaction price ranges of $3.61–$3.71 per share
Insights
TL;DR: Reporting person sold a material block of shares (397,355) across two days at ~$3.61–$3.71 per share; ownership largely indirect.
The transactions total 397,355 shares disposed, executed on 08/12/2025 and 08/13/2025 in multiple tranches with weighted average prices disclosed and per-share ranges noted. Beneficial ownership reported after the transactions appears in pro rata distributions to partner funds and reflects indirect ownership through Luminari Capital, Waverley Capital and WL fuboTV. The filing follows Section 16 reporting conventions with customary disclaimers of direct beneficial ownership for fund-held shares.
TL;DR: Insider-level disposals reported; shares are predominantly owned through investment entities and accompanied by standard beneficial ownership disclaimers.
The Form 4 discloses that Mr. Bronfman is Executive Chairman and a director and that significant share movements occurred via entities where he has an interest. Footnotes clarify the ownership structure and disclaimers by the reporting parties. The filing includes an attorney-in-fact signature, and provides weighted-average pricing ranges and an offer to supply per-trade detail upon request, consistent with transparency expectations for Section 16 filers.
Insider Trade Summary
| 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 | -- | -- | -- |
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. Mr. Bronfman 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. Mr. Bronfman has an assignee interest in Luminari Capital Partners, LLC. Dr. Daniel V. 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 Mr. Bronfman, 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. Mr. Bronfman 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. Mr. Bronfman and Dr. Daniel V. Leff, 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 Mr. Bronfman, 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. Mr. Bronfman 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. Mr. Bronfman and Dr. Daniel V. Leff, 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 Mr. Bronfman, Dr. Leff 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. Includes 128,640 shares of common stock received from Luminari Capital, Waverley Capital and WL fuboTV (each as defined above) in pro rata distributions in kind.