Utz Brands (UTZ) reports new RSU award to EVP and tax withholding
Rhea-AI Filing Summary
Utz Brands executive Jeremy K. Stuart, EVP, Sales & CCO, reported routine equity compensation and related tax withholding transactions in Class A Common Stock. On 01/02/2026, a total of several small blocks of shares were disposed of at $10.38 per share, representing shares withheld to cover taxes from the settlement of a previously reported restricted stock unit award.
On 01/06/2026, Stuart received a new award of 23,406 restricted stock units under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan at a price of $0 per unit, each unit representing one share of Class A Common Stock. Following these transactions, he beneficially owned 42,507 shares directly. The new RSUs vest in three roughly equal annual installments on December 31, 2026, December 31, 2027, and December 31, 2028, subject to continued service and plan conditions.
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FAQ
What insider transaction did Utz Brands (UTZ) report for Jeremy K. Stuart?
The report shows that Jeremy K. Stuart, EVP, Sales & CCO of Utz Brands, Inc., had shares withheld to pay taxes on restricted stock unit settlement and received a new restricted stock unit award in Class A Common Stock.
How many new restricted stock units did the Utz Brands EVP receive?
On 01/06/2026, Jeremy K. Stuart received 23,406 restricted stock units of Utz Brands Class A Common Stock at a price of $0 per unit under the company’s 2020 Omnibus Equity Incentive Plan.
What were the share disposals reported on January 2, 2026 for Utz Brands (UTZ)?
On 01/02/2026, multiple transactions coded F show small blocks of Class A Common Stock disposed of at $10.38 per share. These 2,496, 362, 354, and 775 shares represent withholding to cover tax liabilities from a restricted stock unit settlement.
How many Utz Brands shares does Jeremy K. Stuart own after these transactions?
Following the reported transactions, Jeremy K. Stuart beneficially owned 42,507 shares of Utz Brands Class A Common Stock, held in direct ownership.
When do the new Utz Brands restricted stock units granted to the EVP vest?
The restricted stock units vest in three installments: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, subject to continuous service and the conditions of the plan.
What plan governs the Utz Brands (UTZ) restricted stock units in this Form 4?
The restricted stock units are granted under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan, and each unit represents a contingent right to receive one share of Class A Common Stock.