A 10 Percent Owner Bought 13.2 Million Under Armour Shares for $67.4 Million

A 10 Percent Owner Bought 13.2 Million Under Armour Shares for $67.4 Million

Key Points13,182,469 shares were acquired for a total of ~$67.4 million, based on a weighted average price of $5.12 per share on Jan. 2, 2026.All shares were acquired via indirect entities controlled through Fairfax Financial Holdings Limited subsidiaries, with no direct purchases or derivative transactions involved.This transaction resulted in Watsa holding all reported shares indirectly, with direct ownership reduced to zero after the transact…