[Form 4] Utz Brands, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Theresa Robbins Shea, EVP and Chief Legal Officer of Utz Brands, Inc. (UTZ), reported acquiring 1,040 shares of the issuer's Class A Common Stock on 06/30/2025 at a purchase price of $11.92 per share under the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. After the transaction she beneficially owns 54,000 shares directly. The filing is a Form 4 signed by the reporting person on 08/29/2025. The acquisition was disclosed as exempt under Rule 16b-3(c) and Rule 16b-3(d), indicating it was made pursuant to a company employee plan.

Positive

• Insider participation in company plan: Acquisition executed under the 2021 Employee Stock Purchase Plan, showing participation in a company-established program.
• Clear regulatory compliance: Transaction reported on Form 4 and claimed exempt under Rule 16b-3(c) and Rule 16b-3(d), indicating adherence to Section 16 reporting and employee-plan exemptions.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider participation in the ESPP resulted in a small, disclosed purchase of 1,040 shares at $11.92, raising direct holdings to 54,000 shares.

The transaction is routine for employees participating in an ESPP and is reported under Form 4 procedures. The purchase price of $11.92 and the 1,040-share size are specified; post-transaction direct beneficial ownership is 54,000 shares. No derivative or disposition activity is reported. The exemption citation to Rule 16b-3 indicates the acquisition complied with the affirmative defense for employee plans.

Corporate Governance Expert

TL;DR: The filing documents a compliant employee-plan purchase by a senior officer, disclosed and signed on the standard Form 4.

As EVP and Chief Legal Officer, the reporting person appropriately disclosed the ESPP acquisition and cited applicable Rule 16b-3 exemptions. The Form 4 shows a straightforward acquisition with no complex or unusual instruments, suggesting routine governance and disclosure practice in this instance.

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^*

Shea Theresa Robbins

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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	06/30/2025		A	V	1,040	A(1)	$11.92	54,000	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. The shares of Issuer's Class A Common Stock were acquired on June 30, 2025, pursuant to the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d).

Remarks:

	/s/ Theresa Robbins Shea	08/29/2025
	** 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 did Theresa Robbins Shea report on Form 4 for UTZ?

She reported acquiring 1,040 shares of Class A Common Stock on 06/30/2025 at $11.92 per share under the Utz Brands, Inc. 2021 Employee Stock Purchase Plan.

How many Utz Brands shares does the reporting person own after the transaction?

Following the reported acquisition the reporting person beneficially owns 54,000 shares directly.

What is the reporting person's role at Utz Brands (UTZ)?

The reporting person is listed as EVP, Chief Legal Officer of Utz Brands, Inc.

When was the Form 4 signed and filed by the reporting person?

The Form 4 includes the reporting person's signature dated 08/29/2025.

Was the acquisition subject to standard exemptions or special rules?

Yes; the acquisition was disclosed as exempt under Rule 16b-3(c) and Rule 16b-3(d), consistent with purchases under an employee stock purchase plan.