Under Armour (UA) CFO Reza Taleghani Receives Award 1.07M Shares

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.