During his tenure as CEO at Under Armour, Patrik Frisk experienced fluctuations in his stock holdings. In 2021, he had a significant success with 304,469 shares of restricted stock units vesting, valued at over $6 million at the time. However,...
During his tenure as CEO at Under Armour, Patrik Frisk experienced fluctuations in his stock holdings. In 2021, he had a significant success with 304,469 shares of restricted stock units vesting, valued at over $6 million at the time. However, by 2022, Frisk's holdings dwindled as he left the company, forfeiting any unvested equity awards upon his exit. His wealth in stocks peaked with an impressive annual equity award grant of $10 million in 2021, reflecting the company's operational strategy to reward performance but diminished significantly before his separation. Overall, while he had sizable holdings during his tenure, they took a hit due to performance-driven compensatory structures and his eventual departure from Under Armour.