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Under Armour, Inc. asks shareholders at the August 26, 2026 virtual annual meeting to elect eleven directors, approve executive compensation, amend and restate its 2005 Omnibus Long-Term Incentive Plan to increase the Class C share reserve, and ratify PricewaterhouseCoopers LLP as auditor for the year ending March 31, 2027.
As of May 29, 2026 there were 188,839,506 Class A and 34,450,000 Class B shares outstanding; Class A has one vote and Class B ten votes, while Class C is non-voting. Founder President and Chief Executive Officer Kevin Plank effectively controls 64.6% of total voting power through Class B holdings.
The board is majority independent with Mohamed A. El-Erian serving as non-executive chair, separate from Mr. Plank’s CEO role, and all four standing committees fully independent. Executive pay is largely performance-linked: fiscal 2026 adjusted operating income of $100 million and currency-neutral net revenue of $4.98 billion both fell between threshold and target, leading to a 60% payout under the annual cash incentive plan. New Chief Financial Officer Reza Taleghani, who joined in February 2026, receives an $825,000 salary, a guaranteed 2026 bonus equal to his 75% of salary target, and multi-year option and cash awards vesting over three years.
BlackRock, Inc. files an amendment to a Schedule 13G reporting passive beneficial ownership of Under Armour Inc. common stock. The filing states 22,172,935 shares beneficially owned, representing 10.9% of the class as of 06/30/2026. The cover shows sole voting power of 21,922,317 shares and sole dispositive power of 22,172,935 shares.
The amendment reflects holdings aggregated by certain BlackRock business units under SEC Release No. 34-39538. The signature block is dated 07/08/2026. The filing lists Exhibit 24 (Power of Attorney) and Exhibit 99 (Item 7) attachments.
Whitesell Patrick reported acquisition or exercise transactions in this Form 4 filing.
Under Armour director Patrick Whitesell received a grant of 3,912.36 shares of Class C Common Stock as deferred stock units in lieu of cash director fees. The award was made at a stated price of $0.00 per share under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan, and brings his direct holdings to 126,595.79 Class C shares after the transaction.
Under Armour, Inc. director Robert John Sweeney received an award of 4,303.6 shares of Class C Common Stock on July 1, 2026. The shares were credited as deferred stock units in lieu of cash director fees under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan.
After this grant, Sweeney directly holds 184,644.27 shares of Class C Common Stock. This is a compensation-related acquisition rather than an open-market purchase.
Gibbs David W reported acquisition or exercise transactions in this Form 4 filing.
Under Armour, Inc. director David W. Gibbs reported an equity compensation grant in the form of deferred stock units tied to Class C Common Stock. He received 4,499.22 shares at a price of $0.00 per share as director fees pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. Following this grant, his directly held Class C Common Stock position increased to 177,554.89 shares, and he also has 50,000 Class C shares held indirectly through the SJG Irrevocable Trust.
Fitzpatrick Dawn N. reported acquisition or exercise transactions in this Form 4 filing.
Under Armour, Inc. director Dawn N. Fitzpatrick received a grant of 4,303.6 shares of Class C Common Stock in the form of deferred stock units. These units represent director fees deferred under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan, bringing her direct holdings to 184,644.27 shares.
Under Armour director Carolyn Everson reported a routine equity compensation grant. She acquired 782.47 shares of Class C Common Stock at no cost, recorded as deferred stock units in lieu of cash director fees under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan. After this award, she holds 109,213.61 Class C shares directly.
Under Armour, Inc. director Mohamed El-Erian reported a compensation-related equity grant rather than an open-market trade. He received 10,367.760 shares of Class C Common Stock at $0.00 per share as a grant/award acquisition, representing director fees deferred as deferred stock units under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan. Following this grant, he directly holds 234,379.430 Class C shares and 111,650 Class A shares. The filing reflects routine director compensation in stock units, not a discretionary purchase or sale.
Under Armour director Douglas E. Coltharp reported a compensation-related grant of Class C common stock. He acquired 5,575.120 Class C shares at a stated price of $0.0000 per share as director fees deferred into stock units under the Under Armour Fiscal Year 2025 Non-Employee Director Compensation Plan.
After this award, his direct holdings of Class C common stock rose to 323,265.590 shares. The filing also lists additional indirect holdings in various trusts and UTMA accounts, but does not show any open-market purchases or sales.