Under Armour Terminates Material Definitive Agreement
Ticker: UA · Form: 8-K · Filed: Aug 19, 2025 · CIK: 1336917
| Field | Detail |
|---|---|
| Company | Under Armour, Inc. (UA) |
| Form Type | 8-K |
| Filed Date | Aug 19, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement-termination, contractual-change
Related Tickers: UA
TL;DR
UA terminated a big deal, details TBD.
AI Summary
Under Armour, Inc. announced on August 18, 2025, the termination of a material definitive agreement. The filing does not specify the counterparty or the nature of the agreement, but it is a significant event requiring disclosure.
Why It Matters
The termination of a material definitive agreement can signal significant changes in the company's strategic partnerships, supply chain, or operational structure, potentially impacting future revenue and operations.
Risk Assessment
Risk Level: medium — The termination of a material definitive agreement introduces uncertainty about the company's contractual relationships and future business operations.
Key Players & Entities
- Under Armour, Inc. (company) — Filer
- August 18, 2025 (date) — Date of earliest event reported
- Maryland (location) — State of incorporation
- Baltimore, Maryland (location) — Business address
FAQ
What specific material definitive agreement was terminated by Under Armour, Inc.?
The filing states that a material definitive agreement was terminated, but does not specify which agreement.
Who was the counterparty to the terminated agreement?
The filing does not disclose the identity of the counterparty to the terminated agreement.
What is the effective date of the termination?
The earliest event reported is August 18, 2025, which is the date of report and the date as of change for the termination.
What are the potential financial implications of this termination for Under Armour?
The filing does not provide details on the financial implications of the termination.
Does this termination relate to any specific business segment or product line of Under Armour?
The filing does not specify which business segment or product line is affected by the termination.
Filing Stats: 599 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2025-08-19 16:37:13
Filing Documents
- ua-20250818.htm (8-K) — 27KB
- 0001336917-25-000147.txt ( ) — 176KB
- ua-20250818.xsd (EX-101.SCH) — 2KB
- ua-20250818_def.xml (EX-101.DEF) — 15KB
- ua-20250818_lab.xml (EX-101.LAB) — 26KB
- ua-20250818_pre.xml (EX-101.PRE) — 16KB
- ua-20250818_htm.xml (XML) — 4KB
02. Termination of a Material Definitive Agreement
Item 1.02. Termination of a Material Definitive Agreement. On August 18, 2025, Under Armour, Inc. (the "Company") irrevocably deposited with Wilmington Trust, National Association (the "Trustee") sufficient funds to satisfy and discharge the Company's 3.250% Senior Notes due 2026 (the "Notes") issued pursuant to the First Supplemental Indenture dated as of June 13, 2016 (the "Supplemental Indenture"), which supplements the Indenture dated as of June 13, 2016 (the "Base Indenture" and, as supplemented by the Supplemental Indenture, the "Indenture") between the Company and the Trustee in accordance with its terms, and the Trustee acknowledged such satisfaction and discharge on August 18, 2025. As a result, the Company was released from its remaining obligations under the Notes and the Indenture, other than those obligations in the Indenture that expressly survive satisfaction and discharge. Since the principal amount of the Notes will not be repaid to bondholders until the Notes mature on June 15, 2026 (the "Maturity Date"), the Notes will remain on the Company's balance sheet until the Maturity Date and the amounts irrevocably deposited with the Trustee in order to satisfy and discharge the Indenture will appear as "Restricted Investments" on the Company's balance sheet until the Maturity Date.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. 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: August 19, 2025 By: /s/ David E. Bergman David E. Bergman Chief Financial Officer