Form 4: Under Armour CFO David Bergman Sells 30,000 Class C Shares

Under Armour's Chief Financial Officer, David Bergman, sold 30,000 Class C common stock shares at an average price of $9.0868 on December 2, 2024.

Summary

• David Bergman, the Chief Financial Officer of Under Armour, sold 30,000 shares of Class C common stock on December 2, 2024.
• The sale was executed at a weighted average price of $9.0868 per share.
• The transactions occurred in multiple trades with prices ranging from $9.055 to $9.105.
• Following the transaction, Bergman directly owns 494,210 shares of Class C common stock and 26,835 shares of Class A common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It does not inherently convey positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar filings are made by executives at companies like Nike and Adidas when they sell shares.

Stakeholder Impact

• The stock sale by the CFO may have a minor impact on investor sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Under Armour, David Bergman, CFO, stock sale, Class C common stock, insider trading, SEC Form 4