Under Armour (UA) CMO Eric Liedtke uses 34,233 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Under Armour, Inc. Chief Marketing Officer Eric Liedtke reported a Form 4 showing a tax-related share disposition and updated holdings in Class C common stock. An F-code transaction disposed of 34,233 shares at a stated price of $0.00 per share, classified as a tax-withholding disposition for payment of exercise price or tax liability. After this event, he directly holds 274,669 Class C shares, and a separate entry shows 15,232 Class C shares held indirectly by his spouse. The filing reflects routine equity and tax administration rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Liedtke Eric
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class C Common Stock | 34,233 | $0.00 | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 274,669 shares (Direct, null);
Class C Common Stock — 15,232 shares (Indirect, By Spouse)
Footnotes (1)
Key Figures
Tax-withholding shares: 34,233 shares
Direct Class C holdings: 274,669 shares
Indirect Class C holdings by spouse: 15,232 shares
+1 more
4 metrics
Tax-withholding shares
34,233 shares
Class C Common Stock, F-code disposition
Direct Class C holdings
274,669 shares
After tax-withholding disposition
Indirect Class C holdings by spouse
15,232 shares
Indirect ownership, by spouse
Transaction price per share
$0.00 per share
Tax-withholding disposition of 34,233 shares
Key Terms
Class C Common Stock, tax-withholding disposition, indirect ownership, nature_of_ownership
4 terms
Class C Common Stock financial
"The Form 4 covers transactions in Under Armour 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.
tax-withholding disposition financial
"The F-code transaction is classified as a tax-withholding disposition."
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
"A separate entry shows indirect ownership of shares held by spouse."
nature_of_ownership financial
"The nature_of_ownership field identifies shares held 'By Spouse'."
FAQ
What insider transaction did Eric Liedtke report for Under Armour (UA)?
Eric Liedtke reported a tax-related disposition of Under Armour Class C shares. The Form 4 lists an F-code transaction where 34,233 shares were delivered at $0.00 per share to cover exercise price or tax obligations, rather than sold in the open market.
Was Eric Liedtke’s Under Armour (UA) transaction an open-market sale?
No, the filing characterizes the transaction as a tax-withholding disposition. The F transaction code and description show 34,233 shares were delivered to pay exercise price or tax liabilities, not sold on the open market as a discretionary sale.
What does the F transaction code mean in Eric Liedtke’s Under Armour (UA) filing?
The F code indicates shares used to pay exercise price or tax liabilities. In this Form 4, 34,233 Class C shares were disposed of at $0.00 per share specifically as a tax-withholding disposition, which is distinct from a voluntary market sale.
How are Eric Liedtke’s indirect Under Armour (UA) holdings reported?
The Form 4 lists 15,232 shares of Class C common stock as indirectly owned. These shares are reported with a nature of ownership described as “By Spouse,” indicating they are held through his spouse rather than in his direct name.