Utz Brands EVP acquires 1,650 Class A shares through 2021 ESPP

Rhea-AI Filing Summary

Insider purchase via ESPP: Mitchell Andrew Arends, listed as an officer with title EVP Chief Integr Supply Chain at Utz Brands, Inc. (UTZ), acquired 1,650 shares of Class A Common Stock on 06/30/2025 at a price of $11.92 per share through the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. The filing states the acquisition was exempt under Rule 16b-3(c) and 16b-3(d). After the purchase, Mr. Arends beneficially owned 64,356 shares of Class A Common Stock. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Arends.

Insights

Financial Analyst

TL;DR: Officer purchased a small stake via the company ESPP, modestly increasing insider ownership without reporting complex derivative activity.

The transaction is a routine employee stock purchase under the 2021 ESPP and is explicitly exempt under Rule 16b-3(c) and 16b-3(d), indicating standard administrative treatment and no compensatory excess claims. The purchase size (1,650 shares) is small relative to the total reported post-transaction ownership of 64,356 shares, suggesting a minor incremental alignment of the officer's interests with shareholders. No dispositions, options exercise, or derivative instruments were reported, limiting immediate market-impact implications.

Corporate Governance Expert

TL;DR: This is a routine ESPP acquisition by an executive, documented and exempt under applicable Rule 16b-3 provisions.

The filing identifies the reporting person as an officer with the title EVP Chief Integr Supply Chain and documents acquisition mechanics consistent with an ESPP. Use of the affirmative defenses cited implies the transaction followed pre-approved plan mechanics; the signature by an attorney-in-fact is noted. The filing contains no indications of unusual timing, related-party transfers, or plan amendments that would raise governance concerns.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arends Mitchell Andrew

(Last) (First) (Middle)

C/O UTZ BRANDS, INC.

900 HIGH STREET

(Street)

HANOVER PA 17331

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Integr Supply Chain

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2025		A	V	1,650(1)	A	$11.92	64,356	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Issuer's Class A Common Stock were acquired on June 30, 2025, 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).

Remarks:

	/s/ Theresa R. Shea, as attorney-in-fact for Mitchell Andrew Arends	08/29/2025
	** 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 4 (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 transaction did UTZ insider Mitchell Andrew Arends report on Form 4?

He acquired 1,650 shares of Utz Brands, Inc. Class A Common Stock on 06/30/2025 at $11.92 per share via the company's 2021 Employee Stock Purchase Plan.

How many Utz (UTZ) shares did the reporting person own after the transaction?

64,356 shares of Class A Common Stock were beneficially owned following the reported purchase.

Was the purchase by the UTZ insider subject to any exemption or specific rule?

Yes. The filing states the acquisition was exempt under Rule 16b-3(c) and Rule 16b-3(d) and occurred pursuant to the 2021 Employee Stock Purchase Plan.

What is the reporting person's role at Utz Brands?

Listed title: EVP Chief Integr Supply Chain; the Form 4 identifies the filer as an officer.

When was the Form 4 signed and by whom?

Signed by an attorney-in-fact, Theresa R. Shea, with the signature dated 08/29/2025 on the filing.