WATSA V PREM ET AL purchased 91.0% of their position (8.61M shares) of UNDER ARMOUR, INC. on the open market
Open‑market purchase worth $49.68M — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 1/21/2026ACC: 0000947871-26-000063
+8.61M
Net shares
Net buyer
$49.68M
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
8.61M acquired
Non-Derivative Transactions3
Class C Common Shares
Indirect
Shares
+1.84M
Price / share
$5.60
Trade value
$10.28M
% of position
19.4%
1/16/2026
9.46M→11.30M
Class C Common Shares
Indirect
Shares
+1.77M
Price / share
$5.62
Trade value
$9.94M
% of position
15.7%
1/20/2026
11.30M→13.06M
Class C Common Shares
Indirect
Shares
+5M
Price / share
$5.89
Trade value
$29.46M
% of position
38.3%
1/21/2026
13.06M→18.06M
Total
Net shares
+8.61M
Net value
$49.68M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class C Common Shares Indirect | 1/16/2026 | P · Purchase | +1.84M | $5.60 | $10.28M | 19.4% | 9.46M | 11.30M |
| Class C Common Shares Indirect | 1/20/2026 | P · Purchase | +1.77M | $5.62 | $9.94M | 15.7% | 11.30M | 13.06M |
| Class C Common Shares Indirect | 1/21/2026 | P · Purchase | +5M | $5.89 | $29.46M | 38.3% | 13.06M | 18.06M |
| Total | +8.61M | $49.68M | ||||||
Derivative Transactions0
No derivative transactions reported