STOCK TITAN

Special Utz Brands (UTZ) RSU grant to principal accounting officer

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

Rhea-AI Filing Summary

Tewey Ryan Patrick reported acquisition or exercise transactions in this Form 4 filing.

Utz Brands, Inc. reported that Principal Accounting Officer Ryan Patrick Tewey received a grant of 4,296 shares of Class A Common Stock at no cash cost, structured as restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan.

Each unit represents the right to receive one share of Class A Common Stock. The units vest in three annual installments: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, subject to his continued service and other plan conditions. Following this award, he directly holds 20,854 shares. The grant is described as a special award to certain senior officers to support leadership continuity and disciplined execution of the company’s long-term strategy.

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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*
Tewey Ryan Patrick

(Last) (First) (Middle)
900 HIGH ST.

(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)
Principal Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 A 4,296(1)(2)(3) A $0 20,854 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 Utz Brands, Inc. (the "Company" or "Issuer") 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") made pursuant to Rule 16b-3. 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, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2027, and 33.34% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2028, subject to the reporting person's Continuous Service (as defined in the Plan) to the Issuer through such dates and subject to certain conditions detailed in the Plan.
3. Represents a special grant made to certain senior officers of the Company to promote leadership continuity and disciplined execution as the Company advances its long-term strategy.
Remarks:
/s/ Theresa R. Shea as attorney-in-fact for Ryan Patrick Tewey 03/10/2026
** 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 Brands (UTZ) disclose in this Form 4?

The filing shows Utz Brands’ Principal Accounting Officer, Ryan Patrick Tewey, received 4,296 restricted stock units of Class A Common Stock as a grant. The award carries no cash purchase price and is issued under the company’s 2020 Omnibus Equity Incentive Plan as equity compensation.

How many Utz Brands (UTZ) shares does the insider hold after this grant?

After the reported grant, Ryan Patrick Tewey directly holds 20,854 shares of Utz Brands Class A Common Stock. This total includes the newly awarded 4,296 restricted stock units, which convert into shares as they vest over time, subject to continued service and plan conditions.

What is the vesting schedule for the 4,296 restricted stock units at Utz Brands (UTZ)?

The 4,296 restricted stock units vest in three equal annual tranches tied to future dates. 33.33% vest on December 31, 2026, another 33.33% on December 31, 2027, and the remaining 33.34% on December 31, 2028, assuming continuous service and satisfaction of plan terms.

What do the Utz Brands (UTZ) restricted stock units granted to the officer represent?

Each restricted stock unit represents a contingent right to receive one share of Utz Brands’ Class A Common Stock. The units are granted under the 2020 Omnibus Equity Incentive Plan pursuant to Rule 16b-3 and become actual shares only as they vest over the specified vesting schedule.

Why did Utz Brands (UTZ) make this special RSU grant to its principal accounting officer?

The award is described as a special grant made to certain senior officers of Utz Brands. Its stated purpose is to promote leadership continuity and disciplined execution as the company advances its long-term strategy, aligning key executives’ interests with future company performance.

Is the Utz Brands (UTZ) Form 4 transaction a market purchase or sale of shares?

The transaction is not a market purchase or sale; it is a grant or award acquisition. The insider receives 4,296 restricted stock units at a stated price of zero per share as part of compensation, rather than buying or selling shares on the open market.
Utz Brands Inc

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