Under Armour SEC Filings

Douglas E. Coltharp, a director of Under Armour, Inc. (symbol UAA), reported changes in his beneficial ownership on a Form 4 filed for transactions dated 09/03/2025. The filing discloses an annual restricted stock unit grant under the company's Fiscal Year 2025 Non-Employee Director Compensation Plan that resulted in the acquisition of 30,674.85 shares of Class C common stock at a reported price of $0. Following the transactions the report shows 297,002.03 shares of Class C common stock beneficially owned. The filing also lists indirect holdings in trusts and UTMA accounts, including 75,532 Class C shares held indirectly by The Catherine Inzer Coltharp 2021 Trust and smaller indirect amounts in two trusts/UTMA accounts. For Class A common stock the filing records a disposition of 54,820.24 shares and indirect holdings of 75,000 shares by The Catherine Inzer Coltharp 2021 Trust. The document is signed by an attorney-in-fact on 09/05/2025.

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.

Under Armour, Inc. has satisfied and discharged its 3.250% Senior Notes due 2026 by irrevocably depositing sufficient funds with Wilmington Trust, National Association on August 18, 2025.

This step releases the company from its remaining obligations under the notes and the related indenture, other than provisions that expressly survive satisfaction and discharge. The notes will continue to appear on the company’s balance sheet as debt until their June 15, 2026 maturity date, and the deposited funds will be recorded as restricted investments until that same date.

Mohamed El-Erian, a director of Under Armour, Inc., reported a purchase of 100,000 shares of Class A common stock on 08/18/2025 at a weighted-average price of $5.1996 per share (trades ranged $5.165–$5.240). After the transaction the filing shows 111,650 Class A shares beneficially owned and 172,457.93 Class C shares held indirectly. The Form 4 was signed by an attorney-in-fact on 08/19/2025. The filer checked the box indicating status as a Director. The explanation notes multiple trades and offers to provide detailed trade-by-trade data on request.

Insider transaction by Eric Liedtke at Under Armour (UAA) reported a disposition of 16,674 shares of Class C common stock on 08/15/2025 (Transaction Code F) with a reported price of $0. After the reported transaction, Mr. Liedtke beneficially owned 308,902 Class C shares directly and 15,232 indirectly through his spouse. The filing notes no beneficial ownership of Class A common stock.

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.

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.

Schedule 13G/A filed for Under Armour, Inc. (Class A Common Stock, CUSIP 904311107) reports that Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh each beneficially own 0 shares as of June 30, 2025, representing 0.00% of the class. The filing lists the reporting parties' principal address at 77 West Wacker Drive, 7th Floor, Chicago, IL 60601, and notes Delaware or U.S. citizenship where applicable. The document includes a joint filing statement under Rule 13d-1(k) and certifications that the securities were acquired in the ordinary course of business and not for the purpose of influencing control. Signatures by Jason Bragg (CFO) for the two Alyeska entities and by Anand Parekh are dated 08/14/2025.

Under Armour (UAA) FY26 Q1 (ended 6/30/25) delivered a dramatic earnings rebound on disciplined cost control but faced softer demand.

• Net revenue: $1.134 bn, –4% YoY; wholesale –5%, DTC –3%.
• Gross margin: 48.2% (↑60 bp) on improved mix and lower freight.
• SG&A: $530 m, –37% after prior-year charge heavy base; restructuring $12.8 m.
• Operating income: $3.3 m vs –$300 m; Net loss: $(2.6) m; EPS –$0.01 vs –$0.70.
• Cash flow: Ops +$48.9 m; cap-ex –$35.4 m; financing +$387 m (issuance of $400 m 7.25% notes due 2030).
• Balance sheet: Cash $911 m (↑$410 m q-o-q); Inventories $1.14 bn (↑21%); Total debt $1.0 bn, with $600 m 3.25% notes reclassified to current—management plans Q2 retirement funded by new notes, revolver and cash.
• Restructuring: $21 m charges this quarter; $90 m booked to date; up to $160 m total, completion by FY26.
• No share buy-backs; $410 m authorization remains.
• Derivative suits tentatively settled for $8.9 m (insurance-funded); court hearing 14 Aug 25.

Takeaway: Expense discipline returned the company to break-even and boosted liquidity, yet revenue contraction, inventory build and higher leverage signal continued execution risk.