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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

Fernandez Antonio F. reported acquisition or exercise transactions in this Form 4 filing.

Utz Brands, Inc. director Antonio F. Fernandez received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.

The restricted stock units vest 100% on April 23, 2027, contingent on his continuous service and other plan conditions. Following this award, his direct holdings of Class A Common Stock reported in this filing total 263,533 shares.

Positive

  • None.

Negative

  • None.
Insider Fernandez Antonio F.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 16,927 $0.00 --
Holdings After Transaction: Class A Common Stock — 263,533 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 units of Class A Common Stock granted April 23, 2026
Price per share for grant $0.00 per share Recorded grant price for restricted stock unit award
Holdings after transaction 263,533 shares Direct Class A Common Stock holdings following the award
Vesting date April 23, 2027 100% of restricted stock units vest on this date if conditions are 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")"
Class A Common Stock financial
"The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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*
Fernandez Antonio F.
(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$0263,533D
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 Antonio F. Fernandez04/27/2026
** 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 insider transaction did Utz Brands (UTZ) report for Antonio F. Fernandez?

Utz Brands reported that director Antonio F. Fernandez received a grant of 16,927 restricted stock units of Class A Common Stock. The award was recorded at $0.00 per share as stock-based compensation under the company’s 2020 Omnibus Equity Incentive Plan, not as an open-market purchase.

When do Antonio F. Fernandez’s new Utz Brands (UTZ) restricted stock units vest?

All 16,927 restricted stock units granted to Antonio F. Fernandez are scheduled to vest on April 23, 2027. Vesting is subject to his continuous service with the company through that date and additional conditions set out in the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.

How many Utz Brands (UTZ) shares does Antonio F. Fernandez hold after this Form 4?

After the reported grant, Antonio F. Fernandez is shown as directly holding 263,533 shares of Utz Brands Class A Common Stock. This figure includes the newly awarded 16,927 restricted stock units, which convert into shares upon vesting, assuming all conditions under the plan are satisfied.

What type of security was granted to Antonio F. Fernandez by Utz Brands (UTZ)?

He received a restricted stock unit award tied to Utz Brands Class A Common Stock. Each restricted stock unit represents a contingent right to receive one share, subject to vesting on April 23, 2027 and compliance with the terms of the 2020 Omnibus Equity Incentive Plan and award agreement.

Is Antonio F. Fernandez’s Utz Brands (UTZ) grant a market purchase or compensation award?

The Form 4 characterizes the transaction as a grant or award acquisition, not a market purchase. The 16,927 restricted stock units were granted at $0.00 per share as equity compensation under the 2020 Omnibus Equity Incentive Plan, reflecting stock-based remuneration for his service as a director.