Under Armour CEO Sells $72 Million Worth of Stock
Under Armour Inc.’s CEO Kevin Plank announced that he plans on selling up to 2.1 million shares (valued at nearly $72 million USD as of Friday) of Class C stock in the sportswear company he founded. He entered into a pre-arranged stock trading plan, which will still leave him with 32 million Class C shares if the entire deal goes through. (more…)
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