FuboTV (FUBO) CEO Discloses RSU Vesting and Stock Sale Activity
Rhea-AI Filing Summary
FuboTV Inc. reported an insider equity transaction by its Chief Executive Officer and director. On January 5, 2026, the CEO acquired 434,890 shares of Class A common stock through the vesting and settlement of restricted stock units (RSUs), which convert into an equal number of shares.
On the same date, the CEO sold 170,279 shares of Class A common stock at a price of $2.553 per share. The company states these shares were sold solely to cover taxes due upon RSU vesting under a standing Rule 10b5-1 trading instruction dated May 25, 2023. After these transactions, the CEO held 561,428 shares of Class A common stock directly and 869,912 RSUs that remain unvested.
The remaining RSUs are scheduled to vest in two equal installments, with one-third of the underlying shares vesting on January 1, 2027 and one-third on January 1, 2028, subject to the CEO’s continued service with FuboTV through each vesting date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did FuboTV (FUBO) disclose in this Form 4?
FuboTV disclosed that its Chief Executive Officer and director acquired 434,890 shares of Class A common stock through the vesting of restricted stock units on January 5, 2026, and sold 170,279 shares on the same date.
Why did the FuboTV CEO sell 170,279 shares of FUBO stock?
The filing states that 170,279 shares of Class A common stock were sold solely to cover taxes due upon the vesting of RSUs, pursuant to a standing Rule 10b5-1 instruction dated May 25, 2023.
How many FuboTV shares does the CEO own after the reported transactions?
After the reported transactions, the CEO beneficially owned 561,428 shares of FuboTV Class A common stock directly, as shown in the Form 4.
What are the terms of the FuboTV RSUs held by the CEO?
Each restricted stock unit (RSU) represents a right to receive one share of FuboTV Class A common stock. After this vesting event, 869,912 RSUs remained outstanding for the CEO.
When will the remaining FuboTV RSUs held by the CEO vest?
The remaining RSUs are scheduled to vest as to one-third of the underlying shares on January 1, 2027 and January 1, 2028, subject to the CEO’s continued service with FuboTV.
What does it mean that the FuboTV CEO used a Rule 10b5-1 plan?
The filing notes that the sale to cover taxes was made under a standing Rule 10b5-1 instruction dated May 25, 2023, which is a pre-established trading plan for buying or selling securities.