As of now, Kevin Plank owns around 35.7 million shares of Under Armour's Class B stock and 76,445 shares of Class A stock, giving him approximately 66.5% of the voting power in the company. His stake in the company has...
As of now, Kevin Plank owns around 35.7 million shares of Under Armour's Class B stock and 76,445 shares of Class A stock, giving him approximately 66.5% of the voting power in the company. His stake in the company has been substantial, and he has historically been very connected to Under Armour’s stock market performance. In 2024, he was awarded a performance-based restricted stock unit award that could vest if Under Armour's Class C stock price reaches $13.00 over the next four years. This reflects a big shift with nearly all of his financial interests tied to the company’s success, making him deeply invested in Under Armour’s growth and profitability over the coming years.