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Under Armour (UA) affiliate files Form 144 to sell RSU-derived Class A/C shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Under Armour, Inc. Form 144 notice reports proposed sales of multiple lots of Class A and Class C common stock that were acquired as restricted stock units. The filing lists individual lots with acquisition dates from 02/15/2015 through 02/15/2021

Positive

  • None.

Negative

  • None.

Insights

Form 144 signals an affiliate intends to sell previously granted RSU shares.

The filing lists multiple lots of Class A and Class C common stock described as "Acquired as Compensation - Restricted Stock Units" with acquisition dates between 02/15/2015 and 02/15/2021.

Timing, aggregate proceeds, and the broker/dealer methods for sale are detailed in the full filing; sale execution and market impact depend on the holder's sale decisions and the mechanics set out in the filing.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Under Armour's Form 144 filing mean for UA shareholders?

It notifies the SEC of an affiliate's intent to sell shares acquired as RSUs. The filing lists multiple Class A and Class C lots with acquisition dates from 02/15/2015 through 02/15/2021, indicating planned resale activity by an affiliate rather than company-issued shares.

How many Under Armour shares are listed for sale in the Form 144 excerpt?

The excerpt lists multiple per-lot share counts, including amounts such as 7,200; 4,026; 8,533; 10,571 and others across several acquisition dates. The provided text shows individual lot counts rather than a single aggregated total.

Who is the reported holder or source of the shares in the Form 144 filing?

The shares are described as acquired as compensation—Restricted Stock Units—from Under Armour, Inc.. The excerpt identifies those lots as RSU grants; it does not attribute them to a named natural person within the provided text.

Will Under Armour receive proceeds from these sales listed in Form 144?

The filing describes resale of shares that were previously issued as RSUs; proceeds from such resale are received by the selling holder. The excerpt does not state any proceeds flowing to the company in the provided lines.
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