secwatch.observer — SEC 8-K summary
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Issuer:     Under Armour, Inc. (UAA)
CIK:        0001336917
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001193125-24-066880
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Under Armour names founder Kevin Plank as CEO; Stephanie Linnartz steps down
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- Stephanie Linnartz resigns as President & CEO effective March 31, 2024; remains advisor through April 30.
- Kevin Plank, founder and current Executive Chair, becomes President & CEO on April 1, 2024.
- Mohamed El-Erian, Lead Director, named non-executive Chair of the Board effective April 1.
- Linnartz receives separation benefits: $2.6M cash, FY2024 bonus, accelerated vesting of ~$7.3M RSU, plus COBRA and lease.
- Bylaws amended to require independent non-employee Chair and update CEO reporting lines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336917/000119312524066880/0001193125-24-066880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336917/000119312524066880/d790474d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-066880

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer