Form 4: Under Armour Executive James A. Dausch Reports Stock Disposal
SEC Form 4 Filing
James A. Dausch, Chief Strategy Officer of Under Armour, reports the disposal of 11,073 shares of Class C Common Stock to cover tax obligations.
Summary
- On August 15, 2024, James A. Dausch, Chief Strategy Officer of Under Armour, disposed of 11,073 shares of Class C Common Stock.
- The disposal was related to tax obligations.
- Following the transaction, Dausch beneficially owns 175,701 shares of Class C Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock disposal transaction |
| 08/16/2024 | Date of signature on the Form 4 filing |
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