Form 4: Under Armour Director Gibbs Acquires Shares Through Deferred Compensation

Director David W. Gibbs acquired shares of Under Armour Class C Common Stock through deferred director fees.

Summary

• On January 2, 2025, David W. Gibbs, a director of Under Armour, Inc., acquired 3,949.18 shares of Class C Common Stock.
• The acquisition was a result of deferred director fees under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
• Following the transaction, Gibbs directly owns 116,706.2 shares of Class C Common Stock and indirectly owns 50,000 shares through the SJG Irrevocable Trust.
• No Class A Common Stock (UAA) is beneficially owned.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of a director's stock ownership changes, which is common in publicly traded companies. It reflects standard compensation practices for board members.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it indicates a director's investment in the company.

Key Dates