Form 4: Under Armour CFO David Bergman Reports Stock Transactions

David Bergman, CFO of Under Armour, reports acquisition and disposal of Class C Common Stock and holdings of Class A Common Stock.

Summary

• On May 5, 2025, David Bergman acquired 110,620 shares of Class C Common Stock at $0.
• On May 15, 2025, he disposed of 31,810 shares of Class C Common Stock at $0.
• Following these transactions, Bergman directly owns 567,200 shares of Class C Common Stock and 26,835 shares of Class A Common Stock.
• The transactions also involve performance-based restricted stock units granted in 2024, which will vest in three equal annual installments starting June 3, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

Performance-based restricted stock units granted in 2024 will vest in three equal annual installments on June 3, 2025, May 15, 2026, and May 15, 2027.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade their company's stock. It provides transparency to investors about the trading activities of key personnel.

Stakeholder Impact

• Shareholders are informed about the CFO's stock transactions, providing transparency into insider activity.

Key Dates

Keywords

Under Armour, David Bergman, CFO, stock transaction, Class C Common Stock, Class A Common Stock, performance-based restricted stock units, Form 4