Utz Brands director granted 16,927 RSUs
Fernandez Antonio F. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,927 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Key Terms
restricted stock unit financial
2020 Omnibus Equity Incentive Plan financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Utz Brands (UTZ) report for Antonio F. Fernandez?
When do Antonio F. Fernandez’s new Utz Brands (UTZ) restricted stock units vest?
What type of security was granted to Antonio F. Fernandez by Utz Brands (UTZ)?
Is Antonio F. Fernandez’s Utz Brands (UTZ) grant a market purchase or compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.