Form 4: Under Armour Director Douglas Coltharp Reports Stock Transactions

Douglas E. Coltharp, a Director at Under Armour, Inc., has reported transactions involving Class C and Class A Common Stock, primarily related to deferred director fees.

Summary

• Douglas E. Coltharp, a Director of Under Armour, Inc. (UA), reported transactions on April 1, 2026.
• These transactions involved Class C Common Stock and Class A Common Stock.
• The Class C Common Stock acquired amounted to 6,361.61 shares, with a reported value of $0, and a total of 317,690.47 shares are now beneficially owned.
• Additionally, Coltharp beneficially owns 75,532 Class C Common Stock indirectly through The Catherine Inzer Coltharp 2021 Trust and 22,741 Class C Common Stock through the Douglas Edward Coltharp Irrevocable Trust.
• He also holds 503 Class C Common Stock via UTMA for a child.
• For Class A Common Stock, 54,820.24 shares were acquired, with a reported value of $0, and a total of 54,820.24 shares are now beneficially owned directly.
• Indirectly, Coltharp beneficially owns 75,000 Class A Common Stock through The Catherine Inzer Coltharp 2021 Trust, 22,914 Class A Common Stock through the Douglas Edward Coltharp Irrevocable Trust, and 500 Class A Common Stock via UTMA for a child.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports routine insider transactions related to director compensation and does not provide new financial or strategic information about the company.

Positives

• Director Douglas E. Coltharp continues to hold significant beneficial ownership in both Class C and Class A Common Stock of Under Armour, Inc.
• The transactions reported are related to deferred director fees, indicating ongoing participation and compensation structure for directors.

Negatives

• The reported acquisition of shares for Class C and Class A Common Stock has a transaction price of $0, which is typical for deferred compensation but does not represent a new investment of capital by the director.
• The filing does not provide any financial performance data or strategic updates for Under Armour, Inc.

Risks

• The filing does not explicitly mention any risks or challenges.
• However, as a Form 4 filing, it is inherently limited in scope and does not cover broader company risks.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically offer strategic insights. The focus here is on director compensation and ownership, which is common across the apparel and footwear industry.

Stakeholder Impact

• Shareholders: The filing provides transparency on director ownership, which is a standard aspect of corporate governance. It does not directly impact share price or immediate shareholder value.
• Employees: No direct impact on employees is indicated.
• Creditors: No direct impact on creditors is indicated.

Next Steps

• No specific next steps are mentioned in this filing.

Key Dates

Keywords

Under Armour, UA, Form 4, SEC Filing, Director, Stock Transaction, Beneficial Ownership, Common Stock, Deferred Compensation