Under Armour (UA) director receives 4,499 Class C deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gibbs David W reported acquisition or exercise transactions in this Form 4 filing.
Under Armour, Inc. director David W. Gibbs reported an equity compensation grant in the form of deferred stock units tied to Class C Common Stock. He received 4,499.22 shares at a price of $0.00 per share as director fees pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. Following this grant, his directly held Class C Common Stock position increased to 177,554.89 shares, and he also has 50,000 Class C shares held indirectly through the SJG Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gibbs David W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Common Stock | 4,499.22 | $0.00 | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 177,554.89 shares (Direct, null);
Class C Common Stock — 50,000 shares (Indirect, SJG Irrevocable Trust)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 4,499.22 shares
Grant price: $0.00 per share
Direct holdings after grant: 177,554.89 shares
+2 more
5 metrics
Equity grant
4,499.22 shares
Class C Common Stock deferred stock units granted as director fees
Grant price
$0.00 per share
Reported price for the 4,499.22 Class C shares awarded
Direct holdings after grant
177,554.89 shares
Class C Common Stock directly held by David W. Gibbs after transaction
Indirect trust holdings
50,000 shares
Class C Common Stock held indirectly via SJG Irrevocable Trust
Transaction date
2026-07-01
Date of reported Class C Common Stock transactions
Key Terms
Deferred stock units, Non-Employee Director Compensation Plan, Class C Common Stock
3 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.
FAQ
What did Under Armour (UA) director David W. Gibbs report in this Form 4?
David W. Gibbs reported an equity compensation grant of 4,499.22 Class C Common Stock shares. These were received as deferred stock units for director fees under Under Armour’s Fiscal Year 2025 Non-Employee Director Compensation Plan.
Was the Under Armour (UA) director’s Form 4 transaction a market purchase or a compensation award?
The transaction was a compensation award, not a market purchase. The 4,499.22 Class C shares were granted as deferred stock units for director fees, with a reported price of $0.00 per share under the company’s non-employee director compensation plan.
What plan governed the deferred stock unit grant to the Under Armour (UA) director?
The grant was made under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. Footnotes specify that director fees were deferred as deferred stock units, which are tied to Class C Common Stock for reporting purposes.