ESOPJul 29, 2026, 05:26 PM
FuboTV Increases Equity Plan Shares by 7M; CEO Joins Board
AI Summary
FuboTV Inc. announced that its stockholders approved an amendment to the 2020 Equity Incentive Plan, increasing the shares available for issuance by 7,000,000 and eliminating the plan's fixed term. Additionally, CEO Alisa Bowen was appointed to the Board of Directors. Stockholders also approved an amendment to the Certificate of Incorporation to remove specific voting requirements for the removal of Hulu-designated directors, and ratified the election of eight directors and the appointment of PricewaterhouseCoopers LLP as the independent auditor.
Key Highlights
- Stockholders approved an amendment to the 2020 Equity Incentive Plan.
- Shares available for issuance under the Restated Plan increased by 7,000,000.
- Incentive stock options (ISOs) are capped at 14,593,054 shares under the Restated Plan.
- The fixed term of the equity incentive plan was eliminated.
- Alisa Bowen, FuboTV's CEO, was appointed to the Board of Directors.
- Stockholders approved removing additional voting requirements for Hulu-designated director removal.
- Eight directors were elected for a term expiring at the 2027 Annual Meeting.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for fiscal year 2026.
Price Impact
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