16,891 Utz Brands (NYSE: UTZ) shares withheld to cover director taxes

Rhea-AI Filing Summary

Utz Brands director Dylan Lissette reported a tax-related share disposition. On February 27, 2026, 16,891 shares of Utz Class A Common Stock were withheld at $10.38 per share to cover taxes triggered by a restricted stock unit settlement.

After this withholding, Lissette directly holds 143,803 Class A shares. The filing also notes 14,829 shares held indirectly in a trust for the benefit of Lissette’s youngest child; Lissette expressly disclaims beneficial ownership of those trust-held shares.

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

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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^*

Lissette Dylan

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		F		16,891(1)	D	$10.38	143,803	D
Class A Common Stock								14,829	I	See footnote(2)

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. Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on December 19, 2022.

2. Reflects shares directly held by a trust for the benefit of the reporting person's youngest child, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held on behalf of his child by this trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

Remarks:

	/s/ Theresa R. Shea, as attorney-in-fact for Dylan Lissette	03/03/2026
	** 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 did Utz (UTZ) director Dylan Lissette report on this Form 4?

Dylan Lissette reported shares withheld to cover taxes from a restricted stock unit settlement. On February 27, 2026, 16,891 Utz Class A shares were withheld, reflecting a non-market tax-withholding disposition rather than an open-market stock sale.

How many Utz (UTZ) shares were withheld for Dylan Lissette’s taxes?

The filing shows 16,891 Utz Class A Common Stock shares were withheld. This was to satisfy tax obligations arising from the settlement of a previously reported restricted stock unit award, not a discretionary buy or sell transaction in the market by the director.

What is Dylan Lissette’s direct Utz (UTZ) shareholding after this Form 4?

After the tax-withholding transaction, Dylan Lissette directly holds 143,803 Utz Class A shares. This reflects the remaining direct ownership position following the automatic share withholding for taxes tied to the restricted stock unit settlement reported in the filing.

Does Dylan Lissette have indirect Utz (UTZ) holdings through a trust?

Yes. The Form 4 notes 14,829 Utz Class A shares held by a trust for Lissette’s youngest child. Lissette disclaims beneficial ownership of these trust-held shares and states the report should not be viewed as an admission of beneficial ownership.

Was Dylan Lissette’s Utz (UTZ) Form 4 transaction an open-market stock sale?

No. The transaction is classified as a tax-withholding disposition under code F. Shares were withheld to pay taxes from a restricted stock unit settlement, rather than being sold by Dylan Lissette in an open-market or discretionary sale transaction.

What does transaction code F mean in Dylan Lissette’s Utz (UTZ) filing?

Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, Utz Class A shares were withheld to satisfy tax obligations from a restricted stock unit settlement, so it is not recorded as a traditional open-market sale by the director.