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[Form 4] Utz Brands, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Utz Brands (UTZ) reported an insider share purchase by CEO and Director Howard A. Friedman. On November 3, 2025, he purchased 7,200 shares of Class A Common Stock at a weighted average price of $10.581, with individual trades ranging from $10.55 to $10.60.

Following the transaction, reported beneficial ownership includes 66,298 shares held indirectly via the HAF Revocable Trust, 131,385 shares held directly, 75,246 shares held indirectly via the HAF 2025-1 GRAT, and 6,350 shares held indirectly via a Rollover IRA. Footnotes note prior transfers to these entities were exempt under Rule 16a-13.

Positive
  • None.
Negative
  • None.
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
Estimated average burden
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*
Friedman Howard A

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025
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 11/03/2025 P 7,200 A $10.581(1) 66,298(2) I See Footnote(3)
Class A Common Stock 131,385(2)(4)(5) D
Class A Common Stock 75,246(4) I See Footnote(6)
Class A Common Stock 6,350(5) I See Footnote(7)
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 price reported in this box in Column 4 is a weighted average price. These shares were purchased in transactions at prices ranging from $10.55 to $10.60. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
2. Reflects a prior transfer of 59,098 from Howard A. Friedman to the Howard A. Friedman Revocable Trust u/a/d 09/24/2012 ("HAF Revocable Trust") that was exempt under Rule 16a-13.
3. The securities are held by the HAF Revocable Trust.
4. Reflects a prior transfer of 75,246 shares of Issuer's Class A Common Stock from Howard A. Friedman to the Howard A. Friedman 2025-1 GRAT dtd 06/01/2025 (the "HAF GRAT") that was exempt under Rule 16a-13.
5. Reflects a prior transfer of 6,350 shares of the Issuer's Class A Common Stock from Howard A. Friedman to the Howard Friedman Rollover IRA (the "Howard Friedman Rollover IRA") that was exempt under Rule 16a-13.
6. The securities are held by the HAF GRAT.
7. The securities are held by the Howard Friedman Rollover IRA.
Remarks:
/s/ Theresa R. Shea, as attorney-in-fact for Howard A. Friedman 11/04/2025
** 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 insider transaction did UTZ report?

Howard A. Friedman, CEO and Director, purchased 7,200 Class A shares on 11/03/2025 at a weighted average price of $10.581.

What price did the UTZ shares trade at for this purchase?

The weighted average price was $10.581, with trades ranging from $10.55 to $10.60.

How many UTZ shares does Howard A. Friedman own directly after the transaction?

He beneficially owns 131,385 shares directly.

How many UTZ shares are held indirectly via trusts and retirement accounts?

Indirect holdings include 66,298 via the HAF Revocable Trust, 75,246 via the HAF 2025-1 GRAT, and 6,350 via a Rollover IRA.

What was the transaction code on the Form 4 for UTZ?

The filing lists transaction code P for the 7,200 shares acquired.

Were there any notes about prior transfers of UTZ shares?

Yes. Footnotes state prior transfers to the HAF Revocable Trust, HAF 2025-1 GRAT, and a Rollover IRA were exempt under Rule 16a-13.
Utz Brands Inc

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Packaged Foods
Miscellaneous Food Preparations & Kindred Products
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United States
HANOVER