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Under Armour gives Steph Curry $75M stock plan as part of new deal

April 7, 2023

Under Armour Inc.’s most recognizable athlete, former NBA MVP Steph Curry, is cashing in on his new long-term partnership with the company in the form of millions of shares of Under Armour stock. The Baltimore-based athletic apparel company said in a filing with the U.S. Securities and Exchange Commission late Thursday that it is giving a trust associated with Curry $75 million worth of shares of Class C common stock (NYSE: UA), which have no voting power.

Article Source: Baltimore Business Journal

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