UAA Form 4: Director Robert Sweeney Purchases 100k Class C Shares
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class C Common Stock | 100,000 | $4.882 | $488K |
Footnotes (1)
- F1. 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.
FAQ
What transaction did Under Armour director Robert John Sweeney report on Form 4 (UAA)?
What price range were the trades executed at for the UAA Form 4 purchase?
Was the Form 4 signed directly by Robert John Sweeney?
Does Robert John Sweeney beneficially own any Class A common stock (UAA)?
AI-generated analysis. How Rhea-AI works. Not financial advice.