Under Armour, Inc. reported an insider ownership change involving Patrick Whitesell, a company director, tied to the deferral of director compensation into equity-linked units. The Form 4 reports that on July 1, 2026, Whitesell received deferred stock units related to Under Armour’s Class C Common Stock, the class associated with ticker UA. The filing explains that the units represent director fees deferred as deferred stock units under the Under Armour, Inc. Fiscal Year 2025 Non-Employee Director Compensation Plan. This indicates the transaction was part of the company’s director compensation program rather than an open-market purchase or sale. The filing text provided does not specify the number of deferred stock units acquired, the deemed price, transaction code, or Whitesell’s total Class C beneficial ownership after the transaction. It also does not describe any vesting schedule, settlement timing, or conversion terms beyond noting that the compensation was deferred into stock units. A notable explanatory remark states that Whitesell beneficially owns no shares of Under Armour Class A Common Stock, which trades under ticker UAA. The reported action therefore concerns only Class C Common Stock-related deferred stock units. The filing was signed on July 6, 2026, by Mehri F. Shadman as attorney-in-fact for Patrick Whitesell.