Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Director Appointments



On January 31, 2023, Under Armour, Inc. (the "Company") issued a press release
announcing the election of Carolyn N. Everson, age 51, and Patrick W. Whitesell,
age 57, as Directors of the Company effective February 1, 2023. The Board of
Directors appointed Ms. Everson as a member of the Corporate Governance and
Sustainability Committee and Mr. Whitesell as a member of the Human Capital and
Compensation Committee effective March 1, 2023.

Pursuant to the Under Armour, Inc. Fiscal Year 2023 Non-Employee Director
Compensation Plan (the "Director Compensation Plan"), as a new Director of the
Company, Ms. Everson and Mr. Whitesell will each receive an initial award of
restricted stock units for shares of the Company's Class C common stock valued
at $100,000 on the grant date that vests in three equal annual installments.
Pursuant to the Director Compensation Plan, non-employee directors receive an
annual restricted stock unit award each year following the annual meeting of
stockholders. Ms. Everson and Mr. Whitesell will each receive a pro-rated annual
award valued at $87,500 on the grant date (pro-rated from $187,500). The grant
date for the initial and annual awards will be February 1, 2023. For a full
description of the Company's director compensation program, see the
"Compensation of Directors" section of the Company's Proxy Statement for the
2022 Annual Meeting of Stockholders.

There are no transactions in which Ms. Everson or Mr. Whitesell has an interest
requiring disclosure under Item 404(a) of Regulation S-K. There is no
arrangement or understanding between Ms. Everson or Mr. Whitesell and any other
persons pursuant to which she or he was elected as a director.

Director Retirement



On January 27, 2023, Harvey L. Sanders, a member of the Company's Board of
Directors and Chair of the Human Capital and Compensation Committee, notified
the Company of his intention to retire from the Board of Directors effective
March 31, 2023. Mr. Sanders joined the Board of Directors in November 2004. His
retirement was not the result of any disagreements with the Company relating to
the Company's operations, policies or practices.

A copy of the Company's press release announcing the director appointments and retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.
Exhibit No.                                                 Exhibit
  99.1                 Under Armour, Inc. press release dated January 31, 2023.
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