Form 4: Under Armour Director Carolyn Everson Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Carolyn Everson acquired 712.25 shares of Under Armour Class C Common Stock on April 1, 2024, through a deferred compensation plan.
Summary
- On April 1, 2024, Carolyn Everson, a director of Under Armour, acquired 712.25 shares of Class C Common Stock.
- The acquisition was made through the Under Armour, Inc. Fiscal Year 2024 Non-Employee Director Compensation Plan.
- The price per share was $0.
- Following the transaction, Everson beneficially owns 52,233.97 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Director share acquisitions are common and often tied to compensation plans. This transaction reflects standard practice for director compensation.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Carolyn Everson acquired shares of Under Armour Class C Common Stock. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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