Under Armour director awarded 5,575 Class C shares
Under Armour director Douglas E. Coltharp reported a compensation-related grant of Class C common stock.
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Form Type
4
Rhea-AI Filing Summary
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.
Insider Trade Summary
Grant/Award: 5,575.12 shares
Grant/Award
10 txns
Insider
COLTHARP DOUGLAS E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Common Stock | 5,575.12 | $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 A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 323,265.59 shares (Direct);
Class C Common Stock — 75,532 shares (Indirect, The Catherine Inzer Coltharp 2021 Trust);
Class C Common Stock — 22,741 shares (Indirect, Douglas Edward Coltharp Irrevocable Trust UAD 10/28/2020);
Class C Common Stock — 503 shares (Indirect, UTMA for Child);
Class C Common Stock — 503 shares (Indirect, UTMA for Child (2));
Class A Common Stock — 54,820.24 shares (Direct);
Class A Common Stock — 75,000 shares (Indirect, The Catherine Inzer Coltharp 2021 Trust);
Class A Common Stock — 22,914 shares (Indirect, Douglas Edward Coltharp Irrevocable Trust UAD 10/28/2020);
Class A Common Stock — 500 shares (Indirect, UTMA for Child);
Class A Common Stock — 500 shares (Indirect, UTMA for Child (2))
Footnotes (1)
- F1. Director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
Key Figures
Director grant: 5,575.120 shares
Price per granted share: $0.0000/share
Direct Class C holdings: 323,265.590 shares
+3 more
6 metrics
Director grant
5,575.120 shares
Class C common stock award at $0.0000 per share
Price per granted share
$0.0000/share
Deferred director fees converted into stock units
Direct Class C holdings
323,265.590 shares
Direct Class C common stock after grant
Direct Class A holdings
54,820.240 shares
Direct Class A common stock holding entry
Trust Class A holdings
75,000.000 shares
Class A in The Catherine Inzer Coltharp 2021 Trust
Trust Class C holdings
75,532.000 shares
Class C in The Catherine Inzer Coltharp 2021 Trust
Key Terms
deferred stock units, Fiscal Year 2025 Non-Employee Director Compensation Plan, UTMA for Child, Irrevocable Trust, +1 more
5 terms
deferred stock units financial
"Director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Fiscal Year 2025 Non-Employee Director Compensation Plan financial
"pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."
UTMA for Child financial
"nature_of_ownership": "UTMA for Child (2)""
Irrevocable Trust financial
"Douglas Edward Coltharp Irrevocable Trust UAD 10/28/2020"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Under Armour (UA) director Douglas Coltharp report in this Form 4?
Douglas Coltharp reported receiving a grant of Class C common stock as deferred director fees. The award converted his Fiscal Year 2025 board compensation into 5,575.120 shares of Class C stock, rather than cash, under Under Armour’s non-employee director compensation plan.
What are Douglas Coltharp’s direct Class C holdings in Under Armour (UA) after this grant?
Following the grant, Coltharp directly holds 323,265.590 shares of Under Armour Class C common stock. This total includes the newly awarded 5,575.120 shares received as deferred director fees under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan.
Is the Under Armour (UA) Form 4 for Douglas Coltharp an open-market trade?
No, the filing reflects a compensation grant, not an open-market trade. The 5,575.120 Class C shares were issued at $0.0000 per share as deferred director fees under Under Armour’s non-employee director compensation plan, rather than purchased or sold on the market.
What plan governs Douglas Coltharp’s deferred stock units in Under Armour (UA)?
The deferred stock units arise from the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. Under this plan, director fees can be deferred into stock units, resulting in share awards like the 5,575.120 Class C shares reported in this Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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