Form 4: Under Armour Director Reports Stock Transaction
Insider Transaction Report
David W. Gibbs, a Director at Under Armour, Inc., reported a transaction involving Class C Common Stock on July 1, 2026.
Summary
- David W. Gibbs, a Director of Under Armour, Inc., reported a transaction on July 1, 2026.
- The transaction involved the acquisition of 4,499.22 shares of Class C Common Stock.
- These shares were acquired as deferred stock units under the company's Fiscal Year 2025 Non-Employee Director Compensation Plan.
- The acquisition was valued at $0, indicating it was part of a compensation plan.
- Following this transaction, Mr. Gibbs beneficially owns 177,554.89 shares of Class C Common Stock indirectly through the SJG Irrevocable Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine disclosure of director compensation and does not indicate significant changes in the company's financial performance or strategic direction.
Positives
- Director compensation plan is active and being utilized.
- Director David W. Gibbs continues to hold a significant beneficial ownership in Class C Common Stock.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically provide strategic insights. This filing indicates the ongoing use of equity-based compensation for directors at Under Armour, a common practice in the apparel and footwear industry.
Stakeholder Impact
- Shareholders: The transaction reflects the ongoing compensation structure for directors, which is a standard aspect of corporate governance. The indirect ownership by the SJG Irrevocable Trust indicates continued alignment of director interests with the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date for acquisition of Class C Common Stock. |
| 07/06/2026 | Date of signature for the Form 4 filing. |
Keywords
Under Armour, UA, Form 4, SEC Filing, Director, Stock Transaction, Class C Common Stock, Deferred Stock Units, Compensation Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.