UTZ Form 3: Officer Ryan Tewey Discloses 9,587 Class A Shares
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.
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What did the Form 3 for UTZ filed by Ryan Patrick Tewey disclose?
What is Ryan Patrick Tewey's relationship to Utz Brands (UTZ)?
Were any derivative securities reported on the Form 3 for UTZ?
When do the RSU awards reported in the Form 3 vest?
Who signed the Form 3 and when was it signed?
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