Under Armour CEO reports tax-withheld share disposition
Under Armour, Inc. President and CEO Kevin A. Plank filed a Form 4 mainly updating his indirect holdings in multiple entities and trusts, and reporting a routine tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
Under Armour, Inc. President and CEO Kevin A. Plank filed a Form 4 mainly updating his indirect holdings in multiple entities and trusts, and reporting a routine tax-related share disposition. A Form 4 entry shows that 61,636 shares of Class C Common Stock were disposed of as a tax-withholding transaction, leaving 4,041,298 Class C shares held directly.
Other lines list shares held indirectly through entities such as KDP Holdings I LLC, KDP Holdings II LLC, KDP Holdings III LLC, KD Plank LLC, KD Plank #2 LLC and the Plank Family Trust across Class A, B and C shares, reflecting how his ownership is organized rather than open-market trading.
Insider Trade Summary
Exercise Price or Tax Liability: 61,636 shares
Exercise Price or Tax Liability
12 txns
Insider
Plank Kevin A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class C Common Stock | 61,636 | $0.00 | $0.00 |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 4,041,298 shares (Direct);
Class C Common Stock — 829,444 shares (Indirect, KDP Holdings I LLC);
Class C Common Stock — 11,250,000 shares (Indirect, KDP Holdings III LLC);
Class C Common Stock — 3,107,880 shares (Indirect, Plank Family Trust);
Class C Common Stock — 719,722 shares (Indirect, KD Plank LLC);
Class C Common Stock — 1,046,123 shares (Indirect, KD Plank #2 LLC);
Class B Common Stock — 24,260,624 shares (Indirect, KDP Holdings I LLC);
Class B Common Stock — 5,250,000 shares (Indirect, KDP Holdings II LLC);
Class B Common Stock — 3,135,976 shares (Indirect, Plank Family Trust);
Class B Common Stock — 739,650 shares (Indirect, KD Plank LLC);
Class B Common Stock — 1,063,750 shares (Indirect, KD Plank #2 LLC);
Class A Common Stock — 181,608 shares (Indirect, KDP Holdings I LLC)
Footnotes (1)
- F1. Includes 21,351 shares of Class C Common Stock; 78,448 shares of Class C Common Stock; and 75,056 shares of Class C Common Stock previously held directly, which were transferred to KDP Holdings I LLC on June 5, 2025, June 16, 2025, and May 18, 2026, respectively, and are now owned indirectly.
Key Figures
Tax-withheld shares: 61,636 shares
Direct Class C holding after transaction: 4,041,298 shares
Class A held via KDP Holdings I LLC: 181,608 shares
+4 more
7 metrics
Tax-withheld shares
61,636 shares
Class C Common Stock used for tax-withholding disposition
Direct Class C holding after transaction
4,041,298 shares
Class C Common Stock held directly following tax-withholding disposition
Class A held via KDP Holdings I LLC
181,608 shares
Class A Common Stock reported as indirectly owned
Class B held via KDP Holdings I LLC
24,260,624 shares
Class B Common Stock reported as indirectly owned
Class C held via KDP Holdings III LLC
11,250,000 shares
Class C Common Stock reported as indirectly owned
Class B held via Plank Family Trust
3,135,976 shares
Class B Common Stock held indirectly through family trust
Class C held via Plank Family Trust
3,107,880 shares
Class C Common Stock held indirectly through family trust
Key Terms
Class C Common Stock, tax-withholding disposition, indirect ownership, Form 4, +1 more
5 terms
Class C Common Stock financial
"The Form 4 lists several positions in Class C Common Stock, including direct and indirect holdings."
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.
tax-withholding disposition financial
"One entry is coded F and described as a tax-withholding disposition of Class C shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
indirect ownership financial
"Multiple lines describe indirect ownership through entities such as KDP Holdings I LLC and the Plank Family Trust."
Form 4 regulatory
"Kevin A. Plank, President and CEO of Under Armour, filed this Form 4 insider report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Plank Family Trust financial
"The Plank Family Trust is listed as holding significant Class B and Class C Common Stock indirectly."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Under Armour (UA) CEO Kevin Plank report in this Form 4?
Kevin Plank reported mainly updated holdings across several entities and one tax-related share disposition. The Form 4 shows 61,636 Class C shares used to satisfy tax obligations, with 4,041,298 Class C shares remaining held directly after the transaction.
What indirect Under Armour holdings are listed for Kevin Plank in this Form 4?
The Form 4 lists indirect holdings through entities including KDP Holdings I LLC, KDP Holdings II LLC, KDP Holdings III LLC, KD Plank LLC, KD Plank #2 LLC and the Plank Family Trust. These entities together hold Class A, Class B and Class C Under Armour shares.
Does this Under Armour Form 4 show any open-market stock purchases or sales?
The Form 4 does not show open-market purchases or sales. It records a tax-withholding disposition of 61,636 Class C shares and several entries labeled as holdings, which detail how Kevin Plank’s ownership is allocated across different entities and trusts.
What does the footnote in Kevin Plank’s Under Armour Form 4 explain?
The footnote explains that certain Class C shares previously held directly were transferred to KDP Holdings I LLC on specific 2025 and 2026 dates. These transfers mean those shares are now reported as indirectly owned through that LLC instead of being held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
