Form 4: Under Armour Director Dawn Fitzpatrick Increases Stake Through Deferred Compensation Plan
Insider Transaction Report
Under Armour, Inc. Director Dawn N. Fitzpatrick acquired 3,321.97 shares of Class C Common Stock through a deferred compensation plan, increasing her direct beneficial ownership to 33,695.8 shares.
Summary
- Dawn N. Fitzpatrick, a Director of Under Armour, Inc. (UA), acquired 3,321.97 shares of Class C Common Stock.
- The transaction occurred on July 1, 2025, and the shares were acquired at a price of $0.
- This acquisition was a result of director fees deferred as deferred stock units, pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
- Following this transaction, Dawn N. Fitzpatrick directly beneficially owns a total of 33,695.8 shares of Class C Common Stock.
- No Class A Common Stock (UAA) is beneficially owned by the reporting person.
Sentiment
Score: 6
Explanation: The acquisition of shares by a director, even as part of a compensation plan, generally signals continued alignment with shareholder interests and confidence in the company's long-term prospects.
Positives
- The acquisition of additional shares by a director, even through a compensation plan, can be viewed as a positive signal of management's continued alignment with shareholder interests and confidence in the company's future performance.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Reference | The transaction is pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan, indicating the mechanism for director remuneration. | 07/01/2025 | Reinforces the existing compensation structure for non-employee directors, aligning their interests with shareholders through equity ownership. |
Related Party Transactions
- The acquisition of Class C Common Stock by Director Dawn N. Fitzpatrick as deferred director fees constitutes a related party transaction between the company and a member of its board.
Stakeholder Impact
- Shareholders: The transaction may be viewed positively as it increases a director's equity stake, signaling confidence in the company's future.
- Director (Dawn N. Fitzpatrick): Her personal stake in the company's performance is increased through additional equity ownership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction where Dawn N. Fitzpatrick acquired Class C Common Stock. |
| 07/03/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Dawn N. Fitzpatrick. |
Keywords
Under Armour, UA, SEC Form 4, insider transaction, director compensation, stock acquisition, Class C Common Stock, Dawn Fitzpatrick, deferred stock units
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