Form 4: Under Armour Director Carolyn Everson Acquires Shares Through Deferred Compensation Plan

Director Carolyn Everson acquired 598.09 shares of Under Armour Class C Common Stock through a deferred compensation plan.

Summary

• On October 1, 2024, Carolyn Everson, a director of Under Armour, Inc., acquired 598.09 shares of Class C Common Stock.
• The acquisition was made through the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan as deferred stock units.
• The price per share was $0.
• Following the transaction, Everson directly owns 72,604.33 shares of Class C Common Stock.
• Everson does not beneficially own any Class A Common Stock (UAA).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally viewed favorably, but the acquisition is part of a pre-determined compensation plan.

Positives

• The acquisition of shares by a director signals confidence in the company.

Industry Context

Directors often receive stock as part of their compensation, aligning their interests with shareholders. This is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it demonstrates the director's alignment with the company's success.

Key Dates