Form 4: Under Armour CFO David Bergman Reports Stock Disposal

David Bergman, CFO of Under Armour, reports the disposal of Class C Common Stock to cover tax obligations, while still holding a significant amount of Class A and Class C shares.

Summary

• David Bergman, the Chief Financial Officer of Under Armour, filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on February 15, 2025.
• Bergman disposed of 5,820 shares of Class C Common Stock.
• The disposal was likely to cover tax obligations.
• Following the transaction, Bergman directly owns 488,390 shares of Class C Common Stock.
• Bergman also directly owns 26,835 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's simply a factual disclosure.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by the CFO of Under Armour, which is relevant to investors monitoring insider transactions.

Stakeholder Impact

• Shareholders may be interested in the CFO's stock transactions as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, Under Armour, David Bergman, CFO, Stock Disposal, Class C Common Stock, Class A Common Stock, SEC Filing