Form 4: Under Armour Executive Adam Peake Equity Update

Under Armour President of the Americas Adam Peake acquired 189,013 shares of Class C Common Stock and disposed of 8,422 shares for tax obligations.

Summary

• Adam Peake, President of the Americas at Under Armour, Inc., acquired 189,013 shares of Class C Common Stock on May 14, 2026.
• The acquisition was made at a price of $0, typically indicating a grant of restricted stock units or similar equity compensation.
• On May 15, 2026, 8,422 shares were disposed of to satisfy tax withholding obligations related to the equity award.
• Following these transactions, the reporting person holds 308,260 shares of Class C Common Stock and 33,200 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation and tax obligations, which is neutral for the stock price.

Positives

• Increased equity stake by the President of the Americas aligns management interests with long-term shareholder value.

Negatives

• Minor reduction in holdings due to mandatory tax withholding requirements.

Risks

• None identified in this specific filing.

Future Outlook

Not applicable.

Industry Context

StockSavvy.ai notes that equity grants to high-level executives are standard practice in the apparel and retail sector to incentivize performance and retention.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for executive compensation in the consumer discretionary sector.

Stakeholder Impact

• Shareholders may view the increased equity ownership by the President of the Americas as a sign of confidence in the company's future.

Key Dates

Keywords

Under Armour, UA, Insider Trading, Form 4, Equity Compensation, Adam Peake