Under Armour Director Sweeney Robert John Buys 100,000 Shares at $4.88/Share.

On August 21, 2025, Under Armour, Inc. announced that Director Sweeney Robert John acquired 100,000 shares of the company at a price of $4.88 per share.

On August 21, 2025, Under Armour, Inc. announced that Director Robert John Sweeney acquired 100,000 shares of the company at a price of $4.88 per share [1]. The transaction, executed in multiple trades ranging from $4.865 to $4.890, increased Sweeney's beneficial ownership to 133,695.8 shares. The Form 4 filing, signed by Mehri F. Shadman as attorney-in-fact for Sweeney, explicitly states that no Class A common stock (UAA) is beneficially owned by Sweeney.

This purchase, while notable, is part of routine insider reporting under Section 16 of the Securities Exchange Act of 1934. Insider purchases often serve as indicators of confidence in the company's future prospects, though the specific intent behind Sweeney's purchase remains unspecified. The filing does not provide context on the proportionate ownership, intent, or potential impact on control.

Under Armour, a leading developer of athletic apparel, footwear, and accessories, has been experiencing a decline in revenue growth, with a decrease of approximately -4.19% as of June 30, 2025 [2]. Despite this, the company's shares have been trading favorably, with a notable insider purchase by Dawn N. Fitzpatrick, a board member, on August 15, 2025, totaling $493,000 [2].

References:
[1] https://www.stocktitan.net/sec-filings/UAA/form-4-under-armour-inc-insider-trading-activity-2e6064c0fb9e.html
[2] https://www.benzinga.com/insights/news/25/08/47158405/noteworthy-insider-activity-dawn-n-fitzpatrick-invests-493k-in-under-armour-stock