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Utz Brands, Inc. — Director's Dealing 2025
Jan 7, 2025
32124_dirs_2025-01-06_b456e058-ed1e-485f-a2fd-e68d9a52b4d3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Utz Brands, Inc. (UTZ)
CIK: 0001739566
Period of Report: 2025-01-02
Reporting Person: Devore Cary (EVP, Chief Op & Transform Ofc)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | Class A Common Stock | A | 573 | $14.88 | Acquired | 451690 | Direct |
| 2025-01-02 | Class A Common Stock | F | 2214 | $15.66 | Disposed | 449476 | Direct |
| 2025-01-02 | Class A Common Stock | F | 22616 | $15.66 | Disposed | 426860 | Direct |
| 2025-01-02 | Class A Common Stock | F | 1882 | $15.66 | Disposed | 424978 | Direct |
| 2025-01-06 | Class A Common Stock | A | 57694 | — | Acquired | 482672 | Direct |
| 2025-01-06 | Class A Common Stock | F | 16362 | $15.66 | Disposed | 466310 | Direct |
Footnotes
F1: The shares of Issuer's Class A Common Stock were acquired on December 31, 2024 pursuant to the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d).
F2: Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023.
F3: Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on February 2, 2024.
F4: Represents shares issued upon vesting of performance share unit awards, as approved on January 2, 2025 by the Compensation Committee of the Board of Directors of the Issuer. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3.
F5: Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance share unit award reported by the reporting person in this Form 4.