Aumen Eric J 4
Research Summary
AI-generated summary
Under Armour (UA) Chief Accounting Officer Eric Aumen Surrenders 2,376 Shares
What Happened
- Eric J. Aumen, Chief Accounting Officer of Under Armour, reported surrendering 2,376 shares on 2026-02-15 to satisfy a tax liability (transaction code F). The filing shows a $0.00 disposition value, indicating shares were withheld/surrendered rather than sold on the open market.
Key Details
- Transaction date: 2026-02-15; Form 4 filed: 2026-02-18.
- Shares surrendered/disposed: 2,376; reported price/value: $0.00 (withheld to cover tax/exercise cost).
- Transaction code: F — payment of exercise price or tax liability (shares used to satisfy taxes).
- Footnote: Includes shares purchased through the Under Armour Employee Stock Purchase Plan (ESPP).
- Remarks: No Class A Common Stock (UAA) is beneficially owned by the reporting person.
- Exhibit listed: Exhibit 24 — Power of Attorney.
- Filing timeliness: the filing date is shown; the Form 4 does not indicate a late-filing flag in this report.
Context
- This was a tax-withholding share surrender (common when stock awards vest or ESPP purchases settle) — not an open-market sale, so it does not represent a cash-out by the insider.
- Such withholding transactions are routine and primarily administrative; they generally do not convey a bullish or bearish signal about the insider's view of the company.