Under Armour (UA) director Whitesell receives 3,912 Class C shares as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whitesell Patrick reported acquisition or exercise transactions in this Form 4 filing.
Under Armour director Patrick Whitesell received a grant of 3,912.36 shares of Class C Common Stock as deferred stock units in lieu of cash director fees. The award was made at a stated price of $0.00 per share under the company’s Fiscal Year 2025 Non-Employee Director Compensation Plan, and brings his direct holdings to 126,595.79 Class C shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whitesell Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Common Stock | 3,912.36 | $0.00 | -- |
Holdings After Transaction:
Class C Common Stock — 126,595.79 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,912.36 shares
Grant price: $0.00 per share
Shares owned after: 126,595.79 shares
3 metrics
Shares granted
3,912.36 shares
Class C Common Stock grant of deferred stock units
Grant price
$0.00 per share
Stated price for director fee stock grant
Shares owned after
126,595.79 shares
Direct Class C holdings following the transaction
Key Terms
deferred stock units, Non-Employee Director Compensation Plan, Class C Common Stock
3 terms
deferred stock units financial
"Director fees deferred as deferred stock units pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Non-Employee Director Compensation Plan financial
"pursuant to the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan."
Class C Common Stock financial
"security_title": "Class C Common Stock""
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
FAQ
What insider transaction did Under Armour (UA) director Patrick Whitesell report?
Patrick Whitesell reported receiving 3,912.36 Class C shares as a grant. The award represents deferred director fees paid in stock units rather than cash under Under Armour’s Fiscal Year 2025 Non-Employee Director Compensation Plan.
Was Patrick Whitesell’s Under Armour (UA) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Whitesell received 3,912.36 Class C shares at a stated price of $0.00 per share as deferred stock units in lieu of director fees.
What is the significance of deferred stock units in Under Armour (UA) director compensation?
Deferred stock units let directors receive fees in stock rather than cash. In this filing, Whitesell’s director fees were deferred into 3,912.36 Class C share units under Under Armour’s Fiscal Year 2025 Non-Employee Director Compensation Plan.