share_log

FuboTV | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Jan 8 05:59

Summary by Futu AI

FuboTV's CEO and Director, David Gandler, is set to sell 1,649,442 shares of common stock on January 7, 2025, with an aggregate market value of $8,956,470. The shares were acquired through a stock option exercise on the same date, with payment made in cash.This transaction follows a series of stock sales by Gandler in the past three months. On January 6, 2025, he sold a total of 2,665,655 shares in four separate transactions, generating gross proceeds of $13,351,311. The largest single sale was 1,425,888 shares for $7,141,763.The upcoming sale is part of a plan adopted on March 29, 2024, indicating a pre-arranged trading strategy. This series of transactions suggests a significant reduction in Gandler's stake in FuboTV, potentially impacting investor perception of insider confidence in the company's future prospects.
FuboTV's CEO and Director, David Gandler, is set to sell 1,649,442 shares of common stock on January 7, 2025, with an aggregate market value of $8,956,470. The shares were acquired through a stock option exercise on the same date, with payment made in cash.This transaction follows a series of stock sales by Gandler in the past three months. On January 6, 2025, he sold a total of 2,665,655 shares in four separate transactions, generating gross proceeds of $13,351,311. The largest single sale was 1,425,888 shares for $7,141,763.The upcoming sale is part of a plan adopted on March 29, 2024, indicating a pre-arranged trading strategy. This series of transactions suggests a significant reduction in Gandler's stake in FuboTV, potentially impacting investor perception of insider confidence in the company's future prospects.

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