FuboTV Shareholders Greenlight 7M-Share Equity Plan Expansion and Charter Rewrite; CEO Takes Board Seat
FUBO is trading near its 52-week low of $7.95 (11% above the low).
Summary
FuboTV stockholders approved a 7-million-share increase to the equity incentive plan, a charter amendment removing Hulu director-removal voting requirements, and elected eight directors including new CEO Alisa Bowen, who was also appointed to the board.
Key Events · Corporate Governance and Compliance · FUBO
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Equity Plan Expanded by 7M Shares
Stockholders approved an amendment to the 2020 Equity Incentive Plan, increasing the share reserve by 7,000,000 shares to a total of 14,593,054 shares. Based on 108.4M shares outstanding at the record date, this represents potential dilution of approximately 6.5% if all new shares are granted.
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Charter Amendment Removes Hulu Voting Rights
Stockholders approved an amendment to the Certificate of Incorporation eliminating additional voting requirements for removal of directors designated by Hulu, LLC, simplifying the company's governance structure.
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CEO Alisa Bowen Appointed to Board
The Board appointed CEO Alisa Bowen as a director effective July 29, 2026, consolidating leadership following her appointment as CEO on July 9, 2026.
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Annual Meeting Results
All eight director nominees were elected, and proposals including auditor ratification, say-on-pay, and annual frequency of advisory votes on compensation were approved.
Analysis · FUBO · Trade & Services
Three material outcomes emerged from FuboTV's annual meeting. Stockholders approved a 7-million-share increase to the equity incentive plan, a charter amendment stripping Hulu of special director-removal voting rights, and the appointment of new CEO Alisa Bowen to the board. The equity plan expansion introduces potential dilution of roughly 6% based on the 108.4M shares outstanding at the record date, though actual dilution depends on future grants. The charter change simplifies governance by eliminating legacy Hulu provisions. Bowen's board seat consolidates leadership following her July 9 appointment as CEO, aligning the board with the new management structure.
At the time of this filing, FUBO was trading at $8.80 on NYSE in the Trade & Services sector, with a market capitalization of approximately $958.6M. The 52-week trading range was $7.95 to $56.64. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.