STOCK TITAN

Under Armour (UA) CFO Reza Taleghani awarded 957,855 stock options at $4.96 strike

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Under Armour, Inc. Chief Financial Officer Reza Taleghani reported an equity compensation grant involving stock options. He received 957,855 Employee Stock Options (Right to Buy) with an exercise price of $4.96 per share, each option tied to Class C Common Stock. These options become exercisable in three equal annual installments beginning May 15, 2027 and expire on May 14, 2036. Following the reported transactions, Taleghani directly owns 68,965 shares of Class A Common Stock.

Positive

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Insights

CFO receives a large option grant as long-term equity compensation.

Under Armour’s Chief Financial Officer, Reza Taleghani, was granted 957,855 stock options with a $4.96 exercise price, expiring in 2036. The options relate to Class C Common Stock and are a compensation-related acquisition, not an open-market purchase.

The footnote states the options become exercisable in three equal annual installments beginning May 15, 2027, indicating a multi-year vesting schedule designed to align incentives over time. No same-day sales or exercises are reported, and the filing also shows 68,965 Class A shares held directly after the transactions.

Insider Taleghani Reza
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 957,855 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 957,855 shares (Direct, null); Class A Common Stock — 68,965 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 957,855 options Employee Stock Option (Right to Buy) grant
Option exercise price $4.96 per share Exercise price for Class C Common Stock options
Option expiration May 14, 2036 Expiration date of granted options
Vesting schedule start May 15, 2027 First vesting date; three equal annual installments
Class A shares held 68,965 shares Direct ownership after reported transactions
Employee Stock Option (Right to Buy) financial
"The security title is listed as "Employee Stock Option (Right to Buy)" for the grant."
Class C Common Stock financial
"The underlying security title for the options is "Class C Common Stock"."
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
Grant, award, or other acquisition financial
"The transaction code description states "Grant, award, or other acquisition"."
Exercisable in three equal annual installments financial
"A footnote explains the options are "Exercisable in three equal annual installments"."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Taleghani Reza

(Last)(First)(Middle)
101 PERFORMANCE DRIVE

(Street)
BALTIMORE MARYLAND 21230

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Under Armour, Inc. [ UA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock68,965D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$4.9605/14/2026A957,855 (1)05/14/2036Class C Common Stock957,855$0957,855D
Explanation of Responses:
1. Exercisable in three equal annual installments beginning May 15, 2027.
Remarks:
/s/ Mehri F. Shadman, Attorney-in-Fact for Reza Taleghani05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity award did Under Armour (UA) CFO Reza Taleghani receive?

Reza Taleghani received an equity grant of 957,855 Employee Stock Options with a $4.96 exercise price. Each option relates to Class C Common Stock, forming a significant component of his long-term compensation package.

When do Reza Taleghani’s new Under Armour (UA) stock options vest?

The granted options become exercisable in three equal annual installments starting May 15, 2027. This vesting schedule spreads potential ownership over several years, encouraging long-term alignment with Under Armour’s performance.

What is the exercise price of the Under Armour (UA) CFO’s new options?

The options granted to the CFO have an exercise price of $4.96 per share. This is the price at which he can buy the underlying Class C Common Stock once the options vest and are exercised.

When do Reza Taleghani’s Under Armour (UA) options expire?

The CFO’s stock options expire on May 14, 2036. After this expiration date, any unexercised options will lapse, so the value of the award depends on Under Armour’s share performance before then.

How many Under Armour (UA) shares does the CFO hold after these transactions?

Following the reported transactions, Reza Taleghani directly owns 68,965 shares of Under Armour Class A Common Stock. This figure reflects his reported direct shareholding separate from the newly granted options.