---
schema_version: "secwatch.filing_event.v1"
accession: "0001336917-24-000095"
form_type: "8-K"
ticker: "UAA"
cik: "0001336917"
company_name: "Under Armour, Inc."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:50:28.853149+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Under Armour CEO Plank gets compensation package tied to $13 stock price, over 80% performance-based

## Summary
- Base salary raised to $900,000 from $500,000, effective July 1, 2024.
- PSU award of 2 million Class C shares (grant-date value $8.26M) vests only if stock averages $13 over 60 consecutive days by March 31, 2028.
- RSU award of $840,000 in Class C stock vests in thirds over three years.
- Over 90% of total compensation is payable in stock; current Class C close was $6.78 on June 3, 2024.
- Both awards forfeited if share-price hurdle not met or employment terminates, with exceptions for death, disability, or change in control.

## SEC filing metadata
- accession: 0001336917-24-000095
- form_type: 8-K
- ticker: UAA
- cik: 0001336917
- company_name: Under Armour, Inc.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336917/000133691724000095/0001336917-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336917/000133691724000095/ua-20240531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336917-24-000095
- JSON: https://secwatch.observer/filing/0001336917-24-000095.json
- Plain text: https://secwatch.observer/filing/0001336917-24-000095.txt

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