UAA Form 4: Officer Purchase of 2,045 Class C Shares at $4.8899
Rhea-AI Filing Summary
Eric J. Aumen, Chief Accounting Officer of Under Armour, Inc. (UAA), reported a purchase of company Class C common stock on 08/13/2025. The Form 4 shows an acquisition of 2,045 shares at a reported price of $4.8899 per share and states these include shares purchased through the Under Armour Employee Stock Purchase Plan. After the transaction, the filing reports beneficial ownership of 91,795.8433 shares of Class C common stock and explicitly notes no beneficial ownership of Class A common stock.
Positive
- Transaction disclosed clearly with specific share count and price
- Purchase made through Employee Stock Purchase Plan, indicating participation in company program
- Post-transaction beneficial ownership reported for Class C shares
Negative
- None.
Insights
TL;DR: A routine insider purchase via the employee plan increases the officer's Class C stake; no material change signaled.
The reported transaction is a direct purchase of 2,045 Class C shares at $4.8899 each, identified as including Employee Stock Purchase Plan activity. This is a standard Section 16 disclosure of insider activity and does not describe any derivative or disposition. The post-transaction beneficial ownership figure is reported as 91,795.8433 shares of Class C stock, and the filer affirms no Class A holdings. From a reporting perspective, the filing is complete for the disclosed transaction type and provides clear price and quantity details.
TL;DR: Disclosure meets Form 4 requirements and documents routine employee-plan acquisition by an officer.
The Form 4 documents a purchase rather than a sale or grant and notes the acquisition was through the company ESPP. There are no derivative instruments reported and no indications of planned dispositions or contract-based sales. The filing also clarifies the reporting persons role as Chief Accounting Officer and uses an attorney-in-fact signature for submission. For governance and compliance, the form provides the essential data investors and regulators expect for insider purchases.