Form 4: Karen Katz Reports Changes in Beneficial Ownership of Under Armour Stock

Sentiment:

SEC Form 4 Filing


Director Karen Katz reports acquisition and disposal of Under Armour Class A and Class C common stock, including deferred stock units from director fees.

Summary

  • Karen Katz, a director of Under Armour, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
  • On April 1, 2025, Katz acquired 3,688.52 shares of Class C Common Stock as deferred stock units due to director fees.
  • Katz also reported owning 185,141.47 shares of Class C Common Stock directly and 2,014 shares indirectly through the Katz Family Trust.
  • Additionally, Katz directly owns 5,120.96 shares of Class A Common Stock and indirectly owns 2,000 shares through the Katz Family Trust.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting standard compensation practices and stock ownership changes, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates

DateDescription
04/01/2025Date of transaction involving acquisition of Class C Common Stock as deferred stock units.
04/02/2025Date of signature for the Form 4 filing.

Keywords

Form 4, beneficial ownership, Under Armour, UA, Karen Katz, director, stock, Class A Common Stock, Class C Common Stock, deferred stock units

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