Form 4: Under Armour Director Defers Fees into Stock

Under Armour Director Carolyn Everson acquired 1,024.59 shares of Class C Common Stock by deferring director fees.

Summary

• Carolyn Everson, a Director at Under Armour, Inc. (UA), acquired 1,024.59 shares of Class C Common Stock.
• The transaction occurred on October 1, 2025, and was an acquisition (A) of securities.
• The shares were acquired at a price of $0, representing director fees deferred as deferred stock units.
• This deferral was made pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
• Following this transaction, Carolyn Everson beneficially owns a total of 106,552.09 shares of Class C Common Stock directly.
• No Class A Common Stock (UAA) is beneficially owned by the reporting person.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through deferred compensation, is generally viewed positively as it indicates alignment of interests and confidence in the company's long-term prospects.

Positives

• A Director increasing their stake in the company, even through deferred compensation, generally signals confidence in the company's future performance.
• The deferral of director fees into stock units aligns the director's financial interests more closely with those of the shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

The practice of deferring director fees into company stock is a common corporate governance mechanism across various industries, including the apparel and footwear sector, to align director incentives with shareholder value creation.

Related Party Transactions

• The transaction involves a director (Carolyn Everson) acquiring shares from the company as part of her compensation, which is a standard related-party transaction for director remuneration.

Stakeholder Impact

• Shareholders: The deferral of director fees into stock units aligns the director's interests with those of the shareholders, potentially fostering decisions that enhance shareholder value.

Key Dates

Keywords

Under Armour, UA, Carolyn Everson, Director, Insider Transaction, Form 4, Stock Acquisition, Deferred Compensation, Class C Common Stock, Equity Compensation