Schedule 13G/A: FMR LLC Discloses 775,367 Shares in Under Armour (UAA)

Rhea-AI Filing Summary

FMR LLC and Abigail P. Johnson report a passive beneficial ownership position in Under Armour Inc. Class A common stock totaling 775,367.04 shares, representing 0.4% of the class. The filing states FMR LLC holds 23,744.07 shares with sole voting power and 775,367.04 shares with sole dispositive power; Abigail P. Johnson is reported with 775,367.04 shares with sole dispositive power and no voting power. The statement characterizes the holdings as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control. An exhibit is referenced for a related agreement.

Positive

• Transparent disclosure of beneficial ownership and voting/dispositive power distinctions
• Position classified as passive, stated not to be for influencing control

Negative

• Holding is small (0.4% of class), so it is not a material stake likely to affect corporate control
• No significant voting influence reported (zero shared voting power and minimal sole voting power)

Insights

Securities Analyst

TL;DR: Reported stake is small (0.4%) and disclosed as passive; unlikely to affect control or strategy.

The filing documents a non-controlling, passive position by FMR LLC and Abigail P. Johnson in Under Armour's Class A shares. At 0.4% ownership, this holding falls well below thresholds that typically trigger activist intentions or control considerations. The specification of sole dispositive but limited sole voting power for FMR LLC indicates capacity to trade the economic exposure while exerting minimal voting influence. The certification that shares were not acquired to influence control aligns with a Schedule 13G passive filing posture.

Corporate Governance Specialist

TL;DR: Disclosure meets regulatory expectations; no governance implications from this level of ownership.

The amendment clarifies beneficial ownership and power profiles, and references an exhibit for related agreement details. Because no party holds more than 5% and voting power is limited, there are no immediate governance or proxy implications disclosed. Investors and stewards should note the separation between dispositive and voting power when assessing potential future activity, but the filing itself signals routine disclosure rather than a governance event.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

UNDER ARMOUR INC

(Name of Issuer)

CLASS A COMMON STOCK

(Title of Class of Securities)

904311107

(CUSIP Number)

08/29/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 904311107

1

Names of Reporting Persons

FMR LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 23,744.07
6	Shared Voting Power 0.00
7	Sole Dispositive Power 775,367.04
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

775,367.04

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.4 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 904311107

1

Names of Reporting Persons

Abigail P. Johnson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 775,367.04
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

775,367.04

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.4 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: UNDER ARMOUR INC
(b)	Address of issuer's principal executive offices: 101 PERFORMANCE DRIVE,Baltimore,MD,US,21230
Item 2.
(a)	Name of person filing: FMR LLC
(b)	Address or principal business office or, if none, residence: 245 Summer Street, Boston, Massachusetts 02210
(c)	Citizenship: Not applicable
(d)	Title of class of securities: CLASS A COMMON STOCK
(e)	CUSIP No.: 904311107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 775367.04
(b)	Percent of class: 0.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page.
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 775367.04
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of UNDER ARMOUR INC. No one other person's interest in the CLASS A COMMON STOCK of UNDER ARMOUR INC is more than five percent of the total outstanding CLASS A COMMON STOCK.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See attached Exhibit 99.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FMR LLC

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:	09/05/2025

Abigail P. Johnson

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:	09/05/2025

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

What stake does FMR LLC report in Under Armour (UAA)?

FMR LLC reports beneficial ownership of 775,367.04 shares, representing 0.4% of the Class A common stock.

Does Abigail P. Johnson hold voting power over the reported UAA shares?

The filing reports 0.00 shared voting power and 0.00 sole voting power for Abigail P. Johnson; dispositive power is reported instead.

Is the reported position intended to influence control of Under Armour (UAA)?

The signatory certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Does the filing indicate any party holds more than 5% of UAA Class A stock?

No; the filing states that no other person's interest exceeds 5% of the total outstanding Class A common stock.

Who signed the Schedule 13G/A on behalf of FMR LLC and Abigail P. Johnson?

The filing shows signatures executed by an authorized representative signing on behalf of FMR LLC and Abigail P. Johnson under powers of attorney.