Taleghani Reza 4

What Happened Reza Taleghani, Chief Financial Officer of Under Armour, was awarded 1,069,520 derivative shares (reported as an "A" award) on 2026-02-13 at an acquisition price of $0.00. This filing reports a compensation grant (not an open-market purchase or sale); the grant is described as derivative securities that become exercisable in installments per the footnote.

Key Details

• Transaction date: 2026-02-13
• Filing (Form 4) date: 2026-02-18 — filed on the reporting deadline (timely, accounting for the Presidents' Day holiday)
• Transaction type/code: Award/Grant of derivative securities (code A)
• Shares granted: 1,069,520
• Acquisition price: $0.00 (no cash paid at grant)
• Shares owned after transaction: Not specified in this filing
• Footnote F1: Exercisable in three equal installments beginning February 15, 2027
• No immediate sale or cashless exercise reported

Context This is a standard executive compensation award (likely RSUs or similar) intended for retention/incentive; it is not a direct buy or sell that signals immediate insider market conviction. Such awards typically vest over time and can dilute shares outstanding when settled — retail investors should note future vesting dates and any company disclosures tying awards to performance.