[Form 4] Under Armour, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Under Armour director Robert John Sweeney purchased 100,000 shares of Class C common stock on 08/21/2025 at a weighted average price of $4.882 per share, increasing his beneficial holdings to 133,695.8 shares. The transaction was executed in multiple trades at prices ranging from $4.865 to $4.890; the filing notes the reporting person will provide detailed trade-level information upon request. The Form 4 was signed by Mehri F. Shadman as attorney-in-fact for Mr. Sweeney. The filing also states that no Class A common stock (UAA) is beneficially owned.

Positive

• Director purchase disclosed: Robert John Sweeney acquired 100,000 Class C shares, increasing beneficial ownership to 133,695.8 shares.
• Transparent execution details: Filing discloses trade price range ($4.865–$4.890) and weighted average price ($4.882), with offer to provide full trade-level information upon request.

Negative

• None.

Insights

Securities Analyst

TL;DR: Director purchase of 100,000 Class C shares at ~$4.88 signals an insider buy, though size relative to company float is unspecified.

The filing documents a single-day acquisition of 100,000 Class C common shares by Director Robert John Sweeney on 08/21/2025 at a weighted average price of $4.882 per share, executed across multiple trades between $4.865 and $4.890. Beneficial ownership after the transaction is reported as 133,695.8 shares. The disclosure is routine under Section 16 and was executed via attorney-in-fact; no derivative transactions or Class A holdings were reported. For investors, the primary observable fact is the insider purchase; the filing does not provide context on proportionate ownership, intent, or impact on control.

Corporate Governance Expert

TL;DR: Standard Section 16 disclosure of a director purchase; procedural details (attorney-in-fact, multiple trades) are noted.

The Form 4 shows compliance with insider reporting requirements: the reporting person is a director, the form is filed by one reporting person, and the signature was provided by an attorney-in-fact. The explanation clarifies execution in multiple trades and offers to supply trade-level details on request. The filing also explicitly states absence of Class A common stock holdings. No changes to board composition, grants, or derivative positions are disclosed.

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^*

Sweeney Robert John

(Last) (First) (Middle)

101 PERFORMANCE DRIVE

(Street)

BALTIMORE MD 21230

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/21/2025		P		100,000	A	$4.882(1)	133,695.8	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. This transaction was executed in multiple trades at prices ranging from $4.865 to $4.890. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

No Class A Common Stock (UAA) is beneficially owned.

	/s/ Mehri F. Shadman, Attorney-in-Fact for Robert John Sweeney	08/21/2025
	** 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.

FAQ

What transaction did Under Armour director Robert John Sweeney report on Form 4 (UAA)?

The Form 4 reports that Mr. Sweeney purchased 100,000 Class C common shares on 08/21/2025 at a weighted average price of $4.882 per share.

How many Under Armour shares does Robert John Sweeney beneficially own after the reported transaction?

After the reported transaction, the filing shows beneficial ownership of 133,695.8 shares.

What price range were the trades executed at for the UAA Form 4 purchase?

The trades were executed in multiple transactions at prices ranging from $4.865 to $4.890; the reported price is the weighted average of these trades.

Was the Form 4 signed directly by Robert John Sweeney?

No; the Form 4 was signed by Mehri F. Shadman, Attorney-in-Fact for Robert John Sweeney on 08/21/2025.

Does Robert John Sweeney beneficially own any Class A common stock (UAA)?

The filing states no Class A common stock (UAA) is beneficially owned by the reporting person.