Under Armour director granted 10,368 Class C shares

Under Armour, Inc. director Mohamed El-Erian reported a compensation-related equity grant rather than an open-market trade.

Rhea-AI Filing Summary

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.

Insider Trade Summary

Grant/Award: 10,367.76 shares

Grant/Award 2 txns

Insider El-Erian Mohamed

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Common Stock	10,367.76	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class C Common Stock — 234,379.43 shares (Direct); Class A Common Stock — 111,650 shares (Direct)

Footnotes (1)

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

Grant shares: 10,367.760 shares Grant price per share: $0.00 per share Class C holdings after grant: 234,379.430 shares +2 more

5 metrics

Grant shares 10,367.760 shares Class C Common Stock grant/award acquisition

Grant price per share $0.00 per share Price for Class C grant of deferred stock units

Class C holdings after grant 234,379.430 shares Total direct Class C Common Stock after transaction

Class A holdings 111,650 shares Direct Class A Common Stock holding entry

Acquire-type transactions 1 transaction Grant/award acquisition in transaction summary

Key Terms

deferred stock units, Non-Employee Director Compensation Plan, Class C Common Stock, grant/award acquisition, +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.

Non-Employee Director Compensation Plan financial

"pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."

Class C Common Stock financial

"security_title": "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 acquisition financial

"transaction_action": "grant/award acquisition""

director fees deferred financial

"Director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Mohamed El-Erian report in this Under Armour (UA) Form 4 filing?

Mohamed El-Erian reported receiving 10,367.760 shares of Under Armour Class C Common Stock as a grant. The shares represent deferred director fees credited as deferred stock units under the Fiscal Year 2025 Non-Employee Director Compensation Plan.

Was the Under Armour (UA) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant/award acquisition, not a market purchase or sale. The 10,367.760 Class C shares were issued at $0.00 per share as deferred director fees rather than bought or sold in the open market.

How many Under Armour (UA) Class C shares does Mohamed El-Erian now hold?

After the reported grant, Mohamed El-Erian directly holds 234,379.430 shares of Under Armour Class C Common Stock. This total includes the 10,367.760 new shares received as deferred stock units under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan.

How many Under Armour (UA) Class A shares does Mohamed El-Erian hold after this filing?

The filing shows Mohamed El-Erian directly holding 111,650 shares of Under Armour Class A Common Stock. This entry is reported as a holding line, indicating the number of Class A shares owned following the reported transactions on the Form 4.

What is the nature of the equity grant to Mohamed El-Erian from Under Armour (UA)?

The equity grant consists of director fees deferred as deferred stock units. Under Armour credited 10,367.760 Class C shares pursuant to its Fiscal Year 2025 Non-Employee Director Compensation Plan, aligning director compensation with company equity rather than immediate cash payment.

Did the Under Armour (UA) Form 4 disclose any derivative securities for Mohamed El-Erian?

The Form 4 data shows no derivative security transactions or remaining derivative positions for Mohamed El-Erian. All reported activity relates to non-derivative Class A and Class C Common Stock, including the new grant of Class C shares as deferred stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 04:43 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

El-Erian Mohamed

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class C Common Stock(1)	07/01/2026		A		10,367.76	A	$0	234,379.43	D
Class A Common Stock								111,650	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.

Remarks:

	/s/ Mehri F. Shadman, Attorney-in-Fact for Mohamed El-Erian	07/06/2026
	** Signature of Reporting Person	Date
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)