secwatch.observer — SEC 8-K summary
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Issuer:     Under Armour, Inc. (UAA)
CIK:        0001336917
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001336917-23-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Under Armour boosts COO Colin Browne's compensation and awards $1.5M retention bonus
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- Colin Browne's annual base salary increased to $900,000 for FY2024 from $775,000.
- Target annual cash incentive raised to 90% of base salary from 75%.
- Total target annual equity award raised to $2.0M from $1.75M (50% time-based RSUs, 50% performance-based RSUs).
- Browne granted $1.5M cash retention bonus, payable 50% in June 2023 and 50% in December 2023, subject to pro-rata repayment if he resigns within six months after each payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336917/000133691723000012/0001336917-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336917/000133691723000012/ua-20230307.htm
  HTML page:      https://secwatch.observer/filing/0001336917-23-000012

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