UTZ 10% owner UM Partners boosts Class A stake to 3.57M

Rhea-AI Filing Summary

Utz Brands, Inc. (UTZ) insider Series U of UM Partners, LLC, identified as a director and 10% owner, reported open-market purchases of Class A common stock. On 11/20/2025 it bought 6,650 shares at a weighted average price of $9.53, on 11/21/2025 it bought 70,379 shares at a weighted average price of $9.60, and on 11/24/2025 it bought 7,971 shares at a weighted average price of $9.51. After these transactions, the reporting person beneficially owned 3,570,000 shares of Utz Brands Class A common stock, held directly. The filing notes that trade prices were executed in ranges for each day and that full trade details are available upon request.

Insider Trade Summary

Net Buyer: 85,000 shares ($814,817)

Net Buy 3 txns

Insider Series U of UM Partners, LLC

Role 10% Owner

Bought 85,000 shs ($815K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	7,971	$9.51	$76K
Purchase	Class A Common Stock	70,379	$9.60	$676K
Purchase	Class A Common Stock	6,650	$9.53	$63K

Holdings After Transaction: Class A Common Stock — 3,570,000 shares (Direct)

Footnotes (1)

1. These securities are solely owned by Series U of UM Partners, LLC, who may be deemed to be a member of a "group" with Series R of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.45 to $9.54, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected within the ranges set forth in footnotes 2 through 4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.50 to $9.75, inclusive. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.39 to $9.56, inclusive.

Form 4 Insider Transactions: What Each Field Means →

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^*

Series U of UM Partners, LLC

(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)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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(1)	11/20/2025		P		6,650	A	$9.53(2)	3,491,650	D
Class A Common Stock(1)	11/21/2025		P		70,379	A	$9.6(3)	3,562,029	D
Class A Common Stock(1)	11/24/2025		P		7,971	A	$9.51(4)	3,570,000	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. These securities are solely owned by Series U of UM Partners, LLC, who may be deemed to be a member of a "group" with Series R of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act.

2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.45 to $9.54, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected within the ranges set forth in footnotes 2 through 4.

3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.50 to $9.75, inclusive.

4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.39 to $9.56, inclusive.

	/s/ Gene Otto, Vice President of Series U of UM Partners, LLC	11/24/2025
	** 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 activity did UTZ report in this Form 4 filing?

The filing reports that Series U of UM Partners, LLC, a director and 10% owner of Utz Brands, Inc. (UTZ), purchased shares of Class A common stock in three open-market transactions on November 20, 21, and 24, 2025.

How many Utz Brands (UTZ) shares were purchased in these transactions?

The reporting person purchased 6,650 shares on 11/20/2025, 70,379 shares on 11/21/2025, and 7,971 shares on 11/24/2025 of Utz Brands Class A common stock.

What prices were paid for the UTZ shares in the reported purchases?

The weighted average purchase prices were $9.53 on November 20, $9.60 on November 21, and $9.51 on November 24, 2025, with each day’s trades executed within stated price ranges.

How many Utz Brands (UTZ) shares does the reporting person own after these trades?

After the reported transactions, the reporting person beneficially owned 3,570,000 shares of Utz Brands, Inc. Class A common stock in direct ownership.

Who is the reporting person in this Utz Brands (UTZ) Form 4 and what is their role?

The reporting person is Series U of UM Partners, LLC, which is identified as a director and 10% owner of Utz Brands, Inc. for reporting purposes, and may be deemed part of a group with Series R of UM Partners, LLC under Section 13(d).

Were the UTZ trades executed under a Rule 10b5-1 trading plan?

The form includes a checkbox to indicate transactions made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not show that box marked or described.