Under Armour (UA) Director Eric Olson Receives Award of 29,880 RSUs

What Happened

• Eric T. Olson, a director of Under Armour, was granted 29,880.48 shares as an award (reported as acquisition code A) on August 26, 2026. The grant was reported at $0.00 per share on the Form 4, indicating a restricted stock unit (RSU) award rather than a cash purchase; no cash outlay was reported.

Key Details

• Transaction date: 2026-08-26; Report filed with SEC: 2026-09-02 (7 days after the transaction).
• Shares/units granted: 29,880.48 RSUs; reported acquisition price: $0.00 (standard for awards).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: Annual restricted stock unit grant under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan.
• Timeliness: The Form 4 was filed about a week after the transaction; insiders normally must file Form 4 within two business days, so this filing appears later than typical.

Context

• This was a compensation grant (RSUs) to a non-employee director under the company’s director compensation plan—routine annual director compensation rather than an open-market purchase or sale. RSUs are typically subject to vesting and other plan terms, so they do not represent immediately tradable shares on grant. Such awards are common and do not by themselves indicate the insider bought or sold shares for personal investment reasons.