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Director at Utz Brands (NYSE: UTZ) receives 16,927 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Altmeyer John W reported acquisition or exercise transactions in this Form 4 filing.

Utz Brands, Inc. director John W. Altmeyer received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These units were awarded at no cash cost and are part of his equity compensation.

The restricted stock units are scheduled to vest 100% on April 23, 2027, contingent on his continuous service with the company and other conditions set out in the plan and award agreement. After this grant, Altmeyer holds a total of 84,500 shares of Utz Brands Class A Common Stock directly.

Positive

  • None.

Negative

  • None.
Insider Altmeyer John W
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 16,927 $0.00 --
Holdings After Transaction: Class A Common Stock — 84,500 shares (Direct, null)
Footnotes (1)
  1. The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 23, 2027, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.
RSU grant size 16,927 shares Restricted stock unit award of Class A Common Stock
Grant price per share $0.0000 per share Equity compensation, no cash paid by director
Holdings after grant 84,500 shares Total Class A Common Stock directly held by Altmeyer
Vesting date April 23, 2027 100% of RSUs vest on this date if service conditions met
restricted stock unit financial
"The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2020 Omnibus Equity Incentive Plan financial
"restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan")"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock"
vest financial
"The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 23, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"100% of the shares subject to the restricted stock units vest on April 23, 2027, subject to the reporting person's continuous service to the Company"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Altmeyer John W
(Last)(First)(Middle)
C/O UTZ BRANDS, INC.
900 HIGH STREET
(Street)
HANOVER PENNSYLVANIA 17331
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Utz Brands, Inc. [ UTZ ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/23/2026A16,927(1)(2)A$084,500D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 23, 2027, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.
Remarks:
/s/ Theresa R. Shea, as attorney-in-fact for John W. Altmeyer04/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did John W. Altmeyer receive in this Utz (UTZ) Form 4 filing?

John W. Altmeyer received 16,927 restricted stock units representing Class A Common Stock of Utz Brands. The grant is part of his equity compensation under the 2020 Omnibus Equity Incentive Plan and did not involve any cash payment per share.

When do John W. Altmeyer’s new Utz (UTZ) restricted stock units vest?

All 16,927 restricted stock units are scheduled to vest on April 23, 2027. Vesting depends on Altmeyer’s continuous service with Utz Brands through that date and on additional conditions described in the company’s 2020 Omnibus Equity Incentive Plan.

How many Utz (UTZ) shares does John W. Altmeyer hold after this grant?

Following the grant, John W. Altmeyer directly holds 84,500 shares of Utz Brands Class A Common Stock. This total includes the impact of the 16,927-share restricted stock unit award reported in the Form 4 insider transaction filing.

Did John W. Altmeyer buy or sell Utz (UTZ) shares on the market?

No open-market buy or sell occurred; Altmeyer received 16,927 shares as a restricted stock unit award. The transaction is a compensation-related acquisition under the equity incentive plan rather than a purchase or sale in the public market.

Under which plan were the Utz (UTZ) restricted stock units granted to John W. Altmeyer?

The 16,927 restricted stock units were granted under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan. This plan governs equity-based compensation awards, and each restricted stock unit represents a contingent right to receive one Class A Common share.