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

Rhea-AI Filing Summary

Dawn N. Fitzpatrick, a director of Under Armour, Inc. (UAA), reported purchasing 100,000 shares of Class C common stock on 08/13/2025. The filing shows the purchase was executed in multiple trades at prices ranging from $4.88 to $4.98, with a weighted-average price of $4.93 reported. After the transaction, the reporting person beneficially owned 133,695.8 shares of Class C common stock. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Fitzpatrick on 08/14/2025. The filer states no Class A common stock (UAA) is beneficially owned.

Positive

• Director purchase of 100,000 Class C shares, indicating insider accumulation.
• Clear price disclosure: trades at $4.88–$4.98 with a weighted-average price of $4.93.

Negative

• No disclosure of Class A common stock ownership, beneficial ownership limited to Class C shares.
• Form signed by attorney-in-fact rather than the reporting person (signed 08/14/2025).

Insights

Securities Analyst

TL;DR: Director purchased 100,000 Class C shares at a weighted average $4.93, increasing beneficial ownership to 133,695.8 shares.

This Form 4 documents a material insider purchase by a company director on 08/13/2025. The transaction was executed in multiple trades with execution prices between $4.88 and $4.98 and a reported weighted-average price of $4.93. The filing discloses the post-transaction beneficial ownership figure for Class C shares only and explicitly notes no Class A shares are owned. This is a straightforward disclosure of insider buying activity; the filing contains no derivatives, option exercises, or sales.

Corporate Governance Expert

TL;DR: Insider accumulation by a director is documented precisely; signature provided by attorney-in-fact on 08/14/2025.

The Form 4 is properly completed: reporting person identified, relationship marked as Director, transaction date and codes provided, and an explanatory note about trade price range and weighted-average price. The signature block shows an attorney-in-fact executed the filing. The report clarifies ownership is limited to Class C shares, with no Class A holdings declared. The disclosure is procedural and factual without additional commentary.

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^*

Fitzpatrick Dawn N.

(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)
08/13/2025

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	08/13/2025		P		100,000	A	$4.93(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 $4.88 to $4.98. The price reported above reflects the weighted average sale 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 Dawn N. Fitzpatrick	08/14/2025
	** 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 did Dawn N. Fitzpatrick report on the Form 4 for UAA?

The filing reports a purchase of 100,000 Class C shares on 08/13/2025 at a weighted-average price of $4.93, increasing beneficial ownership to 133,695.8 shares.

What price range was disclosed for the UAA insider trades?

The trades were executed at prices ranging from $4.88 to $4.98; the Form 4 reports a weighted-average price of $4.93.

Does the Form 4 show any sales, options, or derivative transactions by the reporting person?

No. Table I lists a non-derivative acquisition of Class C shares; Table II shows no derivative transactions in this filing.

Who signed the Form 4 for Dawn N. Fitzpatrick and when?

The form was signed by Mehri F. Shadman, Attorney-in-Fact for Dawn N. Fitzpatrick on 08/14/2025.

Does the reporting person own Class A common stock of Under Armour (UAA)?

The filing explicitly states no Class A Common Stock (UAA) is beneficially owned by the reporting person.