---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-154083"
form_type: "8-K"
ticker: "UAA"
cik: "0001336917"
company_name: "Under Armour, Inc."
filed_at: "2022-05-18T23:59:59+00:00"
generated_at: "2026-06-25T09:49:11.389270+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Under Armour CEO Patrik Frisk steps down; COO Colin Browne named interim CEO

## Summary
- Frisk to step down as CEO and board member effective June 1, 2022; will advise through Sept 1, then consult through Sept 2023.
- Colin Browne, current COO, appointed interim President and CEO effective June 1, 2022; board starts search for permanent successor.
- Frisk receives $6.89M lump sum plus $238K for relocation/benefits; all unvested equity forfeited.
- Browne's base salary raised to $1M (from $775K), target bonus to 165% of base (from 75%); additional $3M in RSUs granted.
- Frisk's separation agreement includes $1.3M consulting fees payable quarterly through Sept 2023.

## SEC filing metadata
- accession: 0001193125-22-154083
- form_type: 8-K
- ticker: UAA
- cik: 0001336917
- company_name: Under Armour, Inc.
- filed_at: 2022-05-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336917/000119312522154083/0001193125-22-154083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336917/000119312522154083/d323864d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-154083
- JSON: https://secwatch.observer/filing/0001193125-22-154083.json
- Plain text: https://secwatch.observer/filing/0001193125-22-154083.txt

## Key facts
- Executive change
  Patrik Frisk departed as President and Chief Executive Officer at Under Armour, Inc..
  - Action: stepping down
  - Role: President and Chief Executive Officer
  source text: On May 18, 2022, Under Armour, Inc. (the “Company”) issued a press release announcing that Patrik Frisk, the Company’s President and Chief Executive Officer, will be stepping down from his role and as a member of the Company’s Board of Directors (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336917/000119312522154083/0001193125-22-154083-index.htm
- Executive change
  Colin Browne was appointed as interim President and Chief Executive Officer at Under Armour, Inc..
  - Action: appointed
  - Role: interim President and Chief Executive Officer
  source text: On May 17, 2022, the Board approved the appointment of Colin Browne, the Company’s Chief Operating Officer, as interim President and Chief Executive Officer and principal executive officer effective June 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336917/000119312522154083/0001193125-22-154083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.