Utz director granted 16,927 restricted stock units
Werzyn William Jr. 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
Werzyn William Jr. reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director William Jr. Werzyn received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These units vest 100% on April 23, 2027, if he remains in continuous service and other plan conditions are met. Following this award, he holds 39,897 shares directly.
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
Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Utz Brands (UTZ) report for William Jr. Werzyn?
When do William Jr. Werzyn’s Utz Brands (UTZ) restricted stock units vest?
What does each Utz Brands (UTZ) restricted stock unit granted to William Jr. Werzyn represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.