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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.
Under Armour, Inc. director Dawn N. Fitzpatrick reported an acquisition of Class C common stock on 01/02/2026. The filing shows she acquired 5,424.06 shares of Class C common stock at a stated price of $0, reflecting director fees deferred into stock units under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan. After this transaction, she beneficially owned 175,429.96 shares of Class C common stock in direct form. The filing also notes that no Class A Common Stock (UAA) is beneficially owned.
Under Armour director reports deferred stock unit grant. Director Carolyn N. Everson elected to defer director fees into Class C common stock units of Under Armour, Inc. on 01/02/2026. She acquired 986.19 Class C common stock units at a price of $0, reflecting compensation rather than an open-market purchase. Following this transaction, she beneficially owns 107,538.28 Class C common stock units directly. The disclosure notes that no Class A Common Stock (UAA) is beneficially owned.
Under Armour director equity grant reported in Form 4
Under Armour, Inc. director Mohamed El-Erian reported receiving 4,437.87 shares of Class C common stock on 01/02/2026. The filing states these were director fees deferred as deferred stock units under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan and were acquired at a stated price of $0 per share, reflecting compensation rather than an open-market purchase.
Following this transaction, El-Erian beneficially owned 212,181.31 shares of Under Armour Class C common stock and 111,650 shares of Class A common stock, all held directly. The filing is signed by an attorney-in-fact on his behalf.
Under Armour director Douglas E. Coltharp reported a routine equity compensation transaction. On 01/02/2026, he acquired 7,026.63 shares of Class C Common Stock at a price of $0, reflecting director fees deferred as deferred stock units under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. After this transaction, he beneficially owned 311,328.86 shares of Class C Common Stock directly, with additional indirect holdings in various trusts and UTMA accounts, and also held direct and indirect positions in Class A Common Stock. The filing is made as a Form 4 by a director and does not reflect an open-market purchase or sale for cash.
Under Armour, Inc. investors are informed that V. Prem Watsa and a group of Fairfax-affiliated entities have filed a Schedule 13D reporting significant ownership of the company’s Class A common stock. The group beneficially owns 41,958,923 Class A Shares, representing 22.2% of the class, based on 188,834,386 Class A Shares outstanding as of October 31, 2025.
The filing states that the Class A Shares were purchased with cash on hand from existing investment portfolios and were acquired for investment purposes. The Fairfax-affiliated entities indicate they may buy additional Under Armour securities or sell some or all of their holdings depending on price, market conditions, availability of funds and other factors, but they report no present intention to pursue the transactions typically listed in Item 4 of Schedule 13D, such as mergers or other control-related actions.
Under Armour, Inc. director and more than 10% owner reporting persons disclosed significant open‑market purchases of both Class A and Class C common shares on December 30, 2025. They acquired 11,504,478 Class A Common Shares at a weighted average price of $5.1408 per share, bringing their indirectly held Class A position to 41,958,923 shares. They also purchased 1,677,991 Class C Common Shares at a weighted average price of $4.9474, increasing their indirectly held Class C position to 9,457,355 shares. The securities are held by wholly owned subsidiaries of Fairfax Financial Holdings Limited, with Prem Watsa as Chief Executive Officer and controlling person through specified holding companies, and each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Fairfax Financial–related entities reported a series of open‑market purchases of Under Armour, Inc. shares in late December 2025. Through wholly owned subsidiaries of Fairfax Financial Holdings Limited, they bought Class A and Class C common shares of Under Armour on December 22, 23, 24, 26 and 29, 2025 at various weighted average prices between about $4.28 and $4.77 per share.
On December 22, they purchased 5,383,513 Class A shares at a weighted average price of $4.5285 and 2,355,641 Class C shares at $4.3562, with additional multi‑million‑share purchases on subsequent days. After the final reported transaction on December 29, the reporting persons indirectly beneficially owned 30,454,445 Class A and 7,779,364 Class C Under Armour shares through Fairfax subsidiaries. The filing notes that each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Under Armour director V. Prem Watsa has filed an initial ownership report showing substantial indirect stakes in the company. The filing lists 19,307,536 Class A common shares and 3,244,309 Class C common shares of Under Armour, Inc. held indirectly through wholly owned subsidiaries of Fairfax Financial Holdings Limited, where Mr. Watsa serves as Chief Executive Officer and controlling person through various holding companies. The reporting persons state that they disclaim beneficial ownership of these securities except to the extent of any pecuniary interest.
Under Armour, Inc. received an amended ownership report showing that V. Prem Watsa, together with multiple affiliated Fairfax entities, has beneficial ownership of 30,454,445 shares of Class A Common Stock, representing 16.1% of that class. This percentage is calculated based on 188,834,386 Class A shares outstanding as of October 31, 2025, as reported by Under Armour.
The filing allocates portions of this stake among several insurance and holding company subsidiaries, such as FFHL Group Ltd., Odyssey Reinsurance–related entities, Crum & Forster–related entities, Brit Group–related entities, and Allied World–related entities. The reporting persons state that the securities were not acquired and are not held for the purpose of changing or influencing control of Under Armour, and they expressly disclaim beneficial ownership for certain legal purposes.