Under Armour (NYSE: UA) director discloses Class C stock unit award
Rhea-AI Filing Summary
Under Armour, Inc. director David W. Gibbs reported an equity award in the company’s Class C common stock on 01/02/2026. He acquired 5,670.61 shares of Class C common stock at a price of $0, recorded as deferred stock units under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. Following this transaction, he beneficially owns 167,921.74 shares of Class C common stock directly and an additional 50,000 shares of Class C common stock indirectly through the SJG Irrevocable Trust. The report also states that no Class A common stock (UAA) is beneficially owned.
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FAQ
What insider transaction did Under Armour (UA) report in this filing?
Under Armour reported that director David W. Gibbs acquired 5,670.61 shares of the company’s Class C common stock on 01/02/2026 at a price of $0, in the form of deferred stock units.
How many Under Armour (UA) shares does the reporting director own after this transaction?
After the reported transaction, David W. Gibbs beneficially owns 167,921.74 shares of Under Armour Class C common stock directly and 50,000 shares of Class C common stock indirectly through the SJG Irrevocable Trust.
What type of Under Armour stock was involved in the director’s award?
The transaction involved Class C common stock of Under Armour, recorded as deferred stock units under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan.
Was the Under Armour director’s stock grant part of a compensation plan?
Yes. The filing explains that the 5,670.61 Class C shares were director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
Does the reporting person own any Under Armour (UAA) Class A common stock?
No. The remarks section states that no Class A common stock (UAA) is beneficially owned by the reporting person.
What is the relationship of the reporting person to Under Armour (UA)?
The reporting person, David W. Gibbs, is identified as a director of Under Armour, Inc. and is filing individually as one reporting person.
How is some of the Under Armour stock held indirectly for the director?
The filing lists 50,000 shares of Under Armour Class C common stock as being held indirectly through the SJG Irrevocable Trust, indicating indirect beneficial ownership.