[Form 3] Utz Brands, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Ryan Patrick Tewey filed an Initial Statement of Beneficial Ownership on behalf of Utz Brands, Inc. (UTZ) reporting a total of 9,587 shares of Class A Common Stock as of the 08/15/2025 event date. The reporting person is identified as an officer (Principal Accounting Officer). The 9,587 shares include 1,594 vested shares and multiple restricted stock unit (RSU) awards that vest in scheduled tranches between 12/31/2025 and 12/31/2027, subject to continuous service and Plan conditions. The filing was signed by an attorney-in-fact on 08/20/2025.

Positive

• Form 3 filed timely to disclose officer beneficial ownership for UTZ
• Total holdings of 9,587 Class A shares explicitly broken down by vested shares and RSU tranches
• RSU vesting schedules disclosed with clear dates through 12/31/2027

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider disclosure showing modest ownership and time‑based RSUs, no derivatives or major ownership change.

The Form 3 reports 9,587 Class A shares beneficially owned, composed of a small set of vested shares and several RSU tranches with vesting through 2027. There are no derivative instruments disclosed and no indication of a >10% ownership position, so the filing is a standard initial disclosure for an officer and is unlikely to have market impact by itself.

Corporate Governance Expert

TL;DR: Compliance filing meets Section 16(a) requirements; RSU vesting schedules disclosed clearly.

The filing identifies the reporting person as the Principal Accounting Officer and provides explicit RSU vesting schedules (50%/50%, single‑date vesting, and 3‑year pro rata vesting). This level of disclosure supports transparency around future potential insider stock delivery and aligns with typical equity compensation governance practices. No governance red flags or unexplained transfers are present.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Tewey Ryan Patrick

(Last) (First) (Middle)

900 HIGH ST.

(Street)

HANOVER PA 17331

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/15/2025

3. Issuer Name and Ticker or Trading Symbol
Utz Brands, Inc. [ UTZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Principal Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	9,587(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects (a) 1,594 shares of Class A Common Stock; (b) 756 shares of Class A Common Stock subject to restricted stock unit ("RSU") award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") that vest 50% on 12/31/2025 and 50% on 12/31/2026; (c) 1,114 shares of Class A Common Stock subject to RSU award under the Plan that vest on 12/31/2025; (d) 3,435 shares of Class A Common Stock subject to RSU award under the Plan that vest on 12/31/2026; and (e) 2,688 shares of Class A Common Stock subject to RSU award under the Plan that vest 33.33% on 12/31/2025, 33.33% on 12/31/2026, and 33.33% on 12/31/2027. RSU awards referenced in (b)-(e) hereof are subject to the reporting person's continuous service through such vesting dates and are subject to certain conditions detailed in the Plan.

Remarks:

See Power of Attorney attached hereto as Exhibit 24.1.

	/s/ Theresa R. Shea as attorney-in-fact for Ryan Patrick Tewey	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 for UTZ filed by Ryan Patrick Tewey disclose?

The Form 3 disclosed 9,587 Class A Common Stock beneficially owned, including 1,594 vested shares and RSUs vesting between 12/31/2025 and 12/31/2027.

What is Ryan Patrick Tewey's relationship to Utz Brands (UTZ)?

The filing identifies the reporting person as an officer, specifically the Principal Accounting Officer.

Were any derivative securities reported on the Form 3 for UTZ?

No. The filing lists no derivative securities (e.g., options, warrants, convertible instruments).

When do the RSU awards reported in the Form 3 vest?

RSUs vest on scheduled dates: some 50% on 12/31/2025 and 50% on 12/31/2026; others on 12/31/2025 or 12/31/2026; and one tranche vests 33.33% annually on 12/31/2025–2027.

Who signed the Form 3 and when was it signed?

The Form 3 was signed by Theresa R. Shea as attorney-in-fact for Ryan Patrick Tewey on 08/20/2025.