Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 42

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 42
---
 fiscal year 2026, in light of Mr. Plank’s strong performance and considering Mr. Plank’s compensation package as compared to market data, following discussions with WTW and management, the committee decided to include Mr. Plank in the fiscal year 2026 annual cash incentive plan with a target bonus of 230% of his fiscal year 2026 salary.

Benefits and Perquisites

We have no defined benefit pension plan or any type of supplemental retirement plan for executives. We have a deferred compensation plan to provide senior management, including executive officers, with a way to save on a tax-deferred basis for retirement and other needs. The plan allows for company contributions in certain limited cases. See “Nonqualified Deferred Compensation” for a description of this plan and the balances under the plan for the named executive officers. We did not make any company contributions to the plan in fiscal year 2025 for any named executive officer.

Executive officers are eligible to participate in our broad-based benefit plans available to employees generally, including a 401(k) plan and Employee Stock Purchase Plan.

We offer employer-paid individual disability insurance to all benefits-eligible employees. The standard benefit offered to all employees above the director level provides long-term disability insurance equal to 50% of their salary, up to a maximum benefit of $12,500 per month. From April 1, 2024 through September 30, 2024, we paid the premiums for supplemental long-term disability insurance for certain of our named executive officers who were executive officers located in the United States at the time of the annual enrollment. The supplemental policy increased such executive officer’s coverage to up to 75% of his or her salary and bonus, up to a maximum benefit of $20,000 per month (or $32,500 total maximum benefit under the standard and supplemental policies). We did not provide any tax gross-up to our executive officers to cover the income taxes incurred as a result of our paying the premiums on these policies. Beginning on October 1, 2024, we no longer paid the premiums for any of our executive officers for our supplemental long-term disability insurance. However, our executive officers have the ability to elect to pay the premiums of the supplemental policy to increase their coverage to up to 75% of their salary and bonus, up to a maximum benefit of an additional $10,000 per month (or $22,500 total maximum benefit under the standard and supplemental policies).

<div align='center'>35</div>

Other Compensation Practices

Equity