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

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

Rhea-AI Filing Summary

Choi Christina reported acquisition or exercise transactions in this Form 4 filing.

Utz Brands director Christina Choi received a compensation grant of 16,927 restricted stock units tied to the company’s Class A Common Stock. The award was made at a stated price of $0.00 per unit under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The units vest 100% on April 23, 2027, if she remains in continuous service and other plan conditions are met. Following this award, her reported direct holdings total 50,637 shares.

Positive

  • None.

Negative

  • None.
Insider Choi Christina
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 16,927 $0.00 --
Holdings After Transaction: Class A Common Stock — 50,637 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 units Restricted stock unit award under 2020 Omnibus Equity Incentive Plan
Grant price $0.00 per unit Stated price for restricted stock unit award
Post-transaction holdings 50,637 shares Total Class A Common Stock directly held after award
Vesting date April 23, 2027 Date when 100% of RSUs vest, subject to conditions
restricted stock unit financial
"The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award"
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"
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock"
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*
Choi Christina
(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$050,637D
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 Christina Choi04/27/2026
** 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 Christina Choi?

Utz Brands reported that director Christina Choi received 16,927 restricted stock units as a compensation grant. Each unit represents a contingent right to one share of Class A Common Stock, granted at a stated price of $0.00 per unit under the company’s 2020 equity plan.

How many Utz Brands (UTZ) shares does Christina Choi hold after this Form 4?

After the reported grant, Christina Choi’s direct holdings total 50,637 shares of Utz Brands Class A Common Stock. This figure reflects her position immediately following the award of 16,927 restricted stock units disclosed in the Form 4 insider transaction filing.

What are the vesting terms of Christina Choi’s Utz Brands restricted stock units?

The 16,927 restricted stock units vest 100% on April 23, 2027, subject to the award agreement. Vesting requires Christina Choi’s continuous service with Utz Brands through that date and compliance with additional conditions set out in the 2020 Omnibus Equity Incentive Plan.

Are Christina Choi’s new Utz Brands (UTZ) restricted stock units immediately delivered as shares?

No, the restricted stock units represent contingent rights, not immediate shares. Each unit entitles Christina Choi to receive one share of Utz Brands Class A Common Stock only upon vesting, assuming she satisfies the continuous service and other conditions in the applicable plan documents.

Was Christina Choi’s Utz Brands Form 4 transaction a market purchase or sale?

The Form 4 shows a grant coded as an acquisition (A), not a market trade. Christina Choi received 16,927 restricted stock units as an award with a stated price of $0.00 per unit, rather than buying or selling shares on the open market.