secwatch.observer — SEC 8-K summary
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Issuer:     Under Armour, Inc. (UAA)
CIK:        0001336917
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0001336917-23-000014
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Under Armour grants $75M in RSUs to Stephen Curry as part of new ambassador and Curry Brand president role
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- Issued 8,823,530 RSUs of Class C common stock valued at $75M based on April 3, 2023 closing price.
- Award is partial consideration for Curry's new Athlete Agreement: brand ambassador and President of Curry Brand.
- Vesting: two equal installments on Sept 30, 2029 and Sept 30, 2034, prorated if agreement terminates early.
- Issued to WSC and AC Family Revocable Trust (Curry is trustee/beneficiary) under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336917/000133691723000014/0001336917-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336917/000133691723000014/ua-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001336917-23-000014

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