Under Armour Announces Board & Executive Compensation Changes
Ticker: UA · Form: 8-K · Filed: Apr 16, 2024 · CIK: 1336917
| Field | Detail |
|---|---|
| Company | Under Armour, Inc. (UA) |
| Form Type | 8-K |
| Filed Date | Apr 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: UA
TL;DR
UA board shakeup and pay adjustments announced April 11th.
AI Summary
Under Armour, Inc. announced on April 11, 2024, changes in its board of directors and executive compensation. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensatory arrangements. The filing also includes financial statements and exhibits related to these corporate governance and compensation matters.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in executive leadership and board composition can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- Under Armour, Inc. (company) — Filer
- April 11, 2024 (date) — Earliest event reported
- Maryland (location) — State of Incorporation
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and departure of certain officers, but does not specify the names of the individuals involved in these changes.
What are the details of the new compensatory arrangements for officers?
The filing states that compensatory arrangements of certain officers are being adjusted, but the specific details of these arrangements are not provided in this summary.
What is the significance of the 'Financial Statements and Exhibits' item?
This item indicates that financial statements and related exhibits are being filed, likely to support or provide context for the corporate governance and compensation changes reported.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed as of April 16, 2024.
What is Under Armour's Standard Industrial Classification (SIC) code?
Under Armour, Inc.'s SIC code is 2300, categorized under APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL.
Filing Stats: 601 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-04-16 09:00:17
Filing Documents
- ua-20240411.htm (8-K) — 28KB
- 0001336917-24-000055.txt ( ) — 186KB
- ua-20240411.xsd (EX-101.SCH) — 2KB
- ua-20240411_def.xml (EX-101.DEF) — 15KB
- ua-20240411_lab.xml (EX-101.LAB) — 26KB
- ua-20240411_pre.xml (EX-101.PRE) — 16KB
- ua-20240411_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit 101 XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNDER ARMOUR, INC. Date: April 16, 2024 By: /s/ Mehri Shadman Mehri Shadman Executive Vice President, Chief Legal Officer and Corporate Secretary