Taleghani Reza 4

What Happened

• Reza Taleghani, Chief Financial Officer of Under Armour (UA), received a grant classified as an award/other acquisition of 957,855 derivative shares on May 14, 2026. The reported acquisition price is $0.00 (i.e., the grant has no immediate cash cost listed in the filing).
• This is a compensation award (not an open-market purchase or sale) and does not represent an immediate sale or cash transaction.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-18 (filed timely).
• Reported amount: 957,855 shares (derivative securities) at $0.00 per share.
• Shares owned after transaction: Not specified in the Form 4 filing provided.
• Footnote: F1 — the award is exercisable/vests in three equal annual installments beginning May 15, 2027.
• Transaction type code: A (Award/Grant).

Context

• This grant appears to be a time-based compensation award (e.g., RSUs or similar derivative award) that vests over three years; such awards are common executive compensation and do not indicate an immediate purchase or sale by the insider.
• For retail investors: purchases or open-market buys are often viewed as stronger direct signals of insider confidence than compensation grants, which reflect standard pay practices and future dilution if/when shares vest.