Utz Brands (UTZ) CFO awarded 37,281 RSUs under 2020 incentive plan

Rhea-AI Filing Summary

Utz Brands, Inc. reported an equity award to its Executive Vice President and Chief Financial Officer, William J. Kelley, Jr. On 01/05/2026, he received 37,281 shares of Class A common stock as a restricted stock unit award at a reported price of $0, reflecting a compensation grant rather than an open-market purchase.

The award was granted 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 over time: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, subject to his continuous service and other plan conditions. Following this grant, he beneficially owns 51,039 shares directly.

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^*

Kelley William J. JR

(Last) (First) (Middle)

900 HIGH ST.

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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	01/05/2026		A		37,281(1)(2)	A	$0	51,039	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 are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") made pursuant to Rule 16b-3. 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, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2027, and 33.34% shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2028, subject to the reporting person's Continuous Service (as defined in the Plan) 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 William J. Kelley, Jr.	01/06/2026
	** 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.
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FAQ

What insider transaction did Utz Brands (UTZ) report for its CFO?

Utz Brands reported that EVP and Chief Financial Officer William J. Kelley, Jr. received an award of 37,281 restricted stock units of Class A common stock on 01/05/2026 as part of his equity compensation.

At what price were the Utz Brands (UTZ) shares granted to the CFO?

The 37,281 shares of Utz Brands Class A common stock reported for the CFO were shown with a transaction price of $0, indicating they were granted as compensation rather than purchased in the market.

How do the new restricted stock units for Utz Brands (UTZ) CFO vest?

The restricted stock units vest in three annual tranches: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, subject to continuous service and plan conditions.

Under which plan were the Utz Brands (UTZ) restricted stock units granted?

The restricted stock unit award to the CFO was 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.

How many Utz Brands (UTZ) shares does the CFO own after this transaction?

After the reported restricted stock unit grant, EVP and CFO William J. Kelley, Jr. beneficially owns 51,039 shares of Utz Brands Class A common stock in direct ownership.

Is the Utz Brands (UTZ) CFO considered an officer for reporting purposes?

Yes. The filing identifies William J. Kelley, Jr. as an officer of Utz Brands, serving as EVP, Chief Financial Officer for purposes of the ownership report.