Form 4: Under Armour CEO Stephanie Linnartz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephanie Linnartz, President & CEO of Under Armour, reports a transaction involving Class C Common Stock resulting in an updated beneficial ownership.
Summary
- On February 27, 2024, Stephanie Linnartz, the President & CEO of Under Armour, reported a transaction involving Class C Common Stock.
- The transaction involved the disposition of 221,507 shares of Class C Common Stock.
- Following the reported transaction, Linnartz directly owns 1,638,797 shares of Class C Common Stock.
- Linnartz also owns 90 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock ownership, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction involving Class C Common Stock |
| 02/28/2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.