Form 4: Karen Katz Reports Changes in Beneficial Ownership of Under Armour Stock
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
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction involving acquisition of Class C Common Stock as deferred stock units. |
| 04/02/2025 | Date 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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