FuboTV Grants Stock Unit Awards in Inducement Incentive Plan

The FuboTV board's compensation committee granted restricted stock unit awards covering 40,283 shares of its common stock to five new nonexecutive employees “to induce them to join FuboTV,” said the company Friday. The awards were granted under an employment inducement equity incentive plan and will vest annually over a four-year period following their grant, subject to continued employment, the company said. The stock closed 8.8% lower Friday at $4.35.