Form 4: Under Armour Chief Accounting Officer Reports Routine Stock Disposal for Tax Purposes

Under Armour's Chief Accounting Officer, Eric J. Aumen, reported the disposal of 3,297 shares of Class C Common Stock, a transaction typically associated with tax withholding on equity compensation.

Summary

• Eric J. Aumen, Chief Accounting Officer of Under Armour, Inc. (UA), reported a transaction involving the company's Class C Common Stock.
• On June 3, 2025, Mr. Aumen disposed of 3,297 shares of Class C Common Stock.
• The reported price for this disposal was $0, indicating it was likely a non-market transaction, such as shares withheld for tax obligations related to the vesting of equity awards.
• Following this transaction, Mr. Aumen beneficially owns 89,311.876 shares of Under Armour Class C Common Stock.
• The filing also notes that no Class A Common Stock (UAA) is beneficially owned by Mr. Aumen.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction (likely for tax withholding) and does not reflect a change in the insider's investment sentiment or the company's operational performance.

Future Outlook

NA

Industry Context

This type of insider transaction, specifically the disposal of shares at a $0 price, is a common and routine event in publicly traded companies. It typically represents shares withheld by the company to cover an executive's tax obligations upon the vesting of restricted stock units (RSUs) or other equity awards, rather than a discretionary market sale.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-market transaction for tax purposes, not a discretionary sale that would signal a change in insider confidence.

Key Dates

Keywords

Under Armour, UA, SEC Form 4, Insider Transaction, Stock Disposal, Class C Common Stock, Equity Compensation, Tax Withholding, Chief Accounting Officer, Eric J. Aumen