{"schema_version":"secwatch.filing_event.v1","accession":"0001336917-24-000097","form_type":"8-K","ticker":"UAA","cik":"0001336917","company_name":"Under Armour, Inc.","filed_at":"2024-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.006977+00:00","generated_at":"2026-06-01T02:45:06.316000+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Under Armour agrees to pay $434M to settle securities class action","bullets":["Company and Kevin Plank settle In re Under Armour Securities Litigation for $434M; no admission of fault.","Settlement includes separate Chair and CEO roles for at least 3 years and performance-based vesting for top execs.","Total accrual to reach $434M in Q1 FY2025 from prior $100M; expects to pay from cash or borrowing.","Cash $858.7M as of Mar 31, 2024; $1.1B revolver undrawn; less than 20% expected from D&O insurance.","Class period Sept 16, 2015 – Nov 1, 2019 covers purchasers of UAA and UA common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001336917-24-000097","json":"https://secwatch.observer/filing/0001336917-24-000097.json","markdown":"https://secwatch.observer/filing/0001336917-24-000097.md","text":"https://secwatch.observer/filing/0001336917-24-000097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1336917/000133691724000097/0001336917-24-000097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1336917/000133691724000097/ua-20240620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:45:06.316000+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}