Summary by Moomoo AI
David Gandler, CEO and Director of FuboTV, plans to sell 2,665,655 shares of common stock on 01/06/2025. The aggregate market value of the shares to be sold is $10,609,307. This planned sale is part of a trading plan adopted on 03/29/2024.The shares to be sold originate from various sources, including 208,998 shares from a stock option exercise in 2020, 46,000 shares from an open market purchase in 2022, and 2,410,657 shares from founder shares and subsequent transfers. The founder shares were initially acquired in 2014 and later transferred in multiple transactions in 2020.No securities have been sold by Gandler in the past three months prior to this announcement. The planned sale represents a significant portion of Gandler's holdings in FuboTV, potentially impacting his ownership stake in the company.
