Form 4: Under Armour Director Acquires Class C Stock
Insider Transaction Report
Under Armour Director Patrick Whitesell acquired 4,930.97 shares of Class C Common Stock as deferred director fees.
Summary
- Patrick Whitesell, a Director at Under Armour, Inc., acquired 4,930.97 shares of Class C Common Stock.
- The transaction occurred on January 2, 2026, at a price of $0 per share.
- This acquisition represents director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
- Following this transaction, Mr. Whitesell directly beneficially owns 118,219.14 shares of Class C Common Stock.
- No Class A Common Stock (UAA) is beneficially owned by Mr. Whitesell.
Sentiment
Score: 6
Explanation: The filing reports a director's acquisition of shares through deferred compensation, which is a routine and generally positive sign of alignment between management and shareholder interests.
Positives
- A director increasing their beneficial ownership, even through deferred compensation, can signal confidence in the company's long-term prospects.
- The transaction is part of a pre-existing, disclosed compensation plan, indicating structured corporate governance.
Future Outlook
Not applicable; this filing reports a past transaction.
Industry Context
This is a routine insider transaction filing, common across all publicly traded companies as part of director compensation plans. It does not provide specific industry context.
Comparison to Industry Standards
- Deferred stock unit compensation for non-employee directors is a common practice in corporate governance across various industries, aligning director interests with shareholders. No specific comparable companies or projects are mentioned in the filing.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Director fees were deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. | 01/02/2026 | Aligns director's financial interests with those of shareholders by increasing equity ownership. |
Related Party Transactions
- Patrick Whitesell, a director, acquired shares from the company as compensation, which constitutes a related party transaction.
Stakeholder Impact
- Shareholders: Potentially positive, as increased director ownership can signal confidence and align interests.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of transaction where director fees were deferred into stock units. |
| 01/05/2026 | Date the Form 4 was signed by the attorney-in-fact for Patrick Whitesell. |
Keywords
Under Armour, UA, Patrick Whitesell, Form 4, insider transaction, director compensation, Class C Common Stock, stock acquisition, beneficial ownership
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.