Form 4: Under Armour Director Dawn N. Fitzpatrick Reports Initial and Annual Restricted Stock Unit Grants

Director Dawn N. Fitzpatrick reports acquisition of Class C Common Stock through initial and annual restricted stock unit grants.

Summary

• Dawn N. Fitzpatrick, a director of Under Armour, Inc., reported changes in beneficial ownership of securities.
• The report details the acquisition of Class C Common Stock through restricted stock unit grants.
• On April 15, 2025, Fitzpatrick acquired 18,691.59 shares of Class C Common Stock at $0 per share as an initial restricted stock unit grant.
• On the same date, Fitzpatrick also acquired 11,682.24 shares of Class C Common Stock at $0 per share as an annual restricted stock unit grant.
• Following these transactions, Fitzpatrick beneficially owns 30,373.83 shares of Class C Common Stock directly.
• No Class A Common Stock (UAA) is beneficially owned.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard disclosure of stock grants to a director. The delay in filing is a minor negative.

Positives

• The acquisition of shares indicates confidence in the company's future performance from a board member's perspective.

Future Outlook

The document does not contain any specific forward-looking statements regarding Under Armour's future performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding director compensation and ownership.

Key Dates

Keywords

Under Armour, Director, Fitzpatrick, Class C Common Stock, Restricted Stock Units, Beneficial Ownership, Form 4, SEC