Form 4: Under Armour Officer Reports Stock Disposal for Tax
Insider Transaction Report
Under Armour's Chief Supply Chain Officer, Shawn Curran, reported the disposal of 10,749 Class C Common Stock shares for tax withholding purposes.
Summary
- Shawn Curran, Chief Supply Chain Officer of Under Armour, Inc. (UA), reported a transaction involving Class C Common Stock.
- On November 15, 2025, Curran disposed of 10,749 shares of Class C Common Stock.
- This disposal was for tax liability purposes, indicated by a transaction code 'F' and a price of $0 per share.
- Following this transaction, Shawn Curran beneficially owns 419,674 shares of Class C Common Stock directly.
- No Class A Common Stock (UAA) is beneficially owned by Shawn Curran.
Sentiment
Score: 5
Explanation: The transaction reported is a routine, non-discretionary disposal of shares for tax withholding purposes. It does not indicate any change in management's confidence, strategic direction, or financial health of the company, thus maintaining a neutral sentiment.
Industry Context
This Form 4 filing details a routine insider transaction for an executive at Under Armour, Inc. Such transactions, particularly for tax withholding, are common across publicly traded companies when equity compensation vests or options are exercised, and do not typically reflect broader industry trends or company-specific performance beyond the individual's compensation structure.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the executive's investment thesis or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 09/04/2025 | Date the Power of Attorney was executed by Shawn Curran, authorizing designated individuals to file SEC forms on his behalf. |
| 11/15/2025 | Date of the reported transaction, involving the disposal of Class C Common Stock for tax purposes. |
| 11/18/2025 | Date the Form 4 was signed by the attorney-in-fact and filed with the SEC. |
Keywords
Under Armour, UA, Shawn Curran, Form 4, Insider Transaction, Stock Disposal, Class C Common Stock, Chief Supply Chain Officer, Tax Withholding
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