Hon. Tim Walberg, a member of the U.S. House of Representatives, has disclosed a purchase of Under Armour, Inc. Class C Common Stock (UA) in a Periodic Transaction Report filed under the STOCK Act. The transaction was made through an account held jointly with his spouse, and the disclosed value falls between $1,001 and $15,000, the lowest reporting bracket used in these filings.
According to the filing, the purchase took place on February 7, 2025. Under the STOCK Act, members of Congress and their spouses are required to publicly report transactions like this one within 45 days of execution. In this case, the report was filed 476 days after the transaction date, well beyond that statutory window. The filing does not include an explanation for the delay, and none is speculated here.
What the Filing Shows
The report identifies the transaction as a purchase of Under Armour Class C shares, ticker UA, made in a jointly-held account belonging to Rep. Walberg and his spouse. Periodic Transaction Reports of this kind are structured to disclose the general timing and dollar range of a trade rather than an exact purchase price or share count, so the $1,001 to $15,000 band represents the full extent of the amount publicly disclosed for this trade.
Whoisbuyingnow.com classifies this disclosure as a ‘congress buy’ signal, part of our ongoing effort to track publicly filed trading activity by members of Congress as required by federal disclosure law. This classification reflects the nature of the transaction as reported, a purchase, and is not a commentary on the merits of the trade, the company, or the timing involved.
Under Armour has been a name familiar to consumers through its athletic apparel and footwear business, and its stock has seen various price swings tied to broader retail and consumer discretionary trends. This report does not include any additional detail about the reasoning behind the purchase, nor does it indicate whether additional Under Armour shares are held elsewhere by the member or spouse.
STOCK Act disclosures like this one exist to give the public visibility into the financial holdings and trading activity of elected officials. Filing a report after the 45-day deadline does not, on its own, constitute evidence of wrongdoing, but the gap between transaction date and filing date is a matter of public record and is noted here as part of a complete account of the disclosure.
Readers interested in tracking further disclosures from Rep. Walberg or other members of Congress can continue to follow coverage on whoisbuyingnow.com as new Periodic Transaction Reports become publicly available.