Under Armour 8-K: Officer Changes & Financials
Ticker: UA · Form: 8-K · Filed: Jun 6, 2024 · CIK: 1336917
| Field | Detail |
|---|---|
| Company | Under Armour, Inc. (UA) |
| Form Type | 8-K |
| Filed Date | Jun 6, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $13.00, $6.78, $8,260,000, $900,000, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, financials
Related Tickers: UA
TL;DR
UA filed an 8-K for officer/director changes and financials as of 5/31.
AI Summary
Under Armour, Inc. filed an 8-K on June 6, 2024, reporting events as of May 31, 2024. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in leadership or executive compensation at Under Armour, which could impact the company's strategic direction and financial performance.
Risk Assessment
Risk Level: medium — Changes in directors or officers, especially when coupled with compensatory arrangements, can signal internal shifts that may affect future performance or strategy.
Key Players & Entities
- Under Armour, Inc. (company) — Filer of the 8-K report
- May 31, 2024 (date) — Earliest event date reported
- June 6, 2024 (date) — Date of the 8-K filing
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates "Departure of Directors or Certain Officers" and "Appointment of Certain Officers" but does not specify the exact positions in the provided text.
Were there any new directors elected as part of this filing?
Yes, the filing explicitly lists "Election of Directors" as an item of information.
What is the nature of the "Compensatory Arrangements" mentioned?
The filing states "Compensatory Arrangements of Certain Officers" is an item of information, but the specific details of these arrangements are not provided in the excerpt.
Does this 8-K filing include any financial statements?
Yes, the filing explicitly lists "Financial Statements and Exhibits" as an item of information.
What is the fiscal year end for Under Armour, Inc.?
Under Armour, Inc.'s fiscal year ends on March 31st.
Filing Stats: 969 words · 4 min read · ~3 pages · Grade level 11 · Accepted 2024-06-06 16:28:36
Key Financial Figures
- $13.00 — ck (the "Class C Stock") price reaching $13.00 per share over the next four years, and
- $6.78 — k Stock Exchange as of June 3, 2024 was $6.78 per share. The primary components of
- $8,260,000 — representing a grant date fair value of $8,260,000), (ii) effective July 1, 2024, an annua
- $900,000 — July 1, 2024, an annual base salary of $900,000 (previously $500,000 when serving as Ex
- $500,000 — ual base salary of $900,000 (previously $500,000 when serving as Executive Chair and Bra
- $840,000 — e based restricted stock unit award for $840,000 of the Company's Class C Stock (the "RS
Filing Documents
- ua-20240531.htm (8-K) — 30KB
- 0001336917-24-000095.txt ( ) — 189KB
- ua-20240531.xsd (EX-101.SCH) — 2KB
- ua-20240531_def.xml (EX-101.DEF) — 15KB
- ua-20240531_lab.xml (EX-101.LAB) — 26KB
- ua-20240531_pre.xml (EX-101.PRE) — 16KB
- ua-20240531_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: June 6, 2024 By: /s/ Mehri Shadman Mehri Shadman Executive Vice President, Chief Legal Officer and Corporate Secretary