Form 4: Under Armour Director El-Erian Reports Stock Units

Mohamed El-Erian, a Director at Under Armour, Inc., reported the acquisition of deferred stock units under the company's 2025 Non-Employee Director Compensation Plan.

Summary

• Mohamed El-Erian, a Director of Under Armour, Inc., has reported the acquisition of 10,367.76 Class A Common Stock units.
• These units were acquired on July 1, 2026, as part of director fees deferred under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
• The acquisition was valued at $0, indicating these are non-cash compensation units.
• Following this transaction, El-Erian beneficially owns 234,379.43 Class A Common Stock units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation disclosure for a director and does not provide new financial or operational information about the company.

Positives

• Director compensation plan is active and being utilized.
• Deferred stock units align director incentives with long-term company performance.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure for a director's compensation and does not reflect operational performance or strategic shifts for Under Armour within the competitive athletic apparel industry.

Stakeholder Impact

• Shareholders: This filing confirms the ongoing compensation structure for directors, which is a standard corporate governance practice.

Key Dates

Keywords

Under Armour, Form 4, SEC Filing, Director Compensation, Deferred Stock Units, Class A Common Stock, Mohamed El-Erian