Under Armour (UA) Director David W. Gibbs Receives RSU Award

What Happened

• David W. Gibbs, a member of Under Armour's board of directors, received an award of 29,880.48 restricted stock units (RSUs) on August 26, 2026. The units were granted at $0.00 per share (total cash value at grant: $0) as compensation under the company's director plan. This was an award/grant (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-09-02.
• Shares/units granted: 29,880.48 RSUs at $0.00 per unit (grant = no cash paid at award).
• Total reported value at grant: $0 (award of restricted units rather than a cash transaction).
• Post-transaction beneficial ownership: filing remarks state "No Class A Common Stock (UAA) is beneficially owned."
• Footnote: F1 — Annual restricted stock unit grant pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
• Timeliness: The Form 4 was filed on Sept 2, 2026 for an Aug 26 transaction, which is several business days after the typical two-business-day reporting window for Form 4s.

Context

• RSU grants to non-employee directors are routine compensation and do not represent an open-market purchase or sale; they typically vest over time and do not alone signal an insider trading view. This report documents the grant; any future sales or vesting conversions would be reported separately.