Utz Brands (UTZ) officer awarded 7,779 RSUs and now holds 16,558 shares
Rhea-AI Filing Summary
Utz Brands, Inc. reported insider equity transactions by its Principal Accounting Officer, Ryan Patrick Tewey. On 01/02/2026, the officer had a total of 808 shares of Class A Common Stock withheld in three transactions (303, 377 and 128 shares) at a price of $10.38 per share to cover tax liabilities from a previously granted restricted stock unit (RSU) award. On 01/05/2026, the officer received a new grant of 7,779 restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan at a price of $0, increasing his beneficial ownership to 16,558 shares held directly.
The new RSUs vest in three equal annual tranches: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, contingent on continued service and other plan conditions.
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FAQ
What insider transaction did Utz Brands (UTZ) report for Ryan Patrick Tewey?
The Principal Accounting Officer, Ryan Patrick Tewey, reported tax-withholding share disposals and a new restricted stock unit award in Utz Brands Class A Common Stock.
How many Utz Brands (UTZ) shares were withheld for taxes in this Form 4?
A total of 808 shares of Utz Brands Class A Common Stock (303, 377 and 128 shares) were withheld on 01/02/2026 at $10.38 per share to satisfy tax liabilities from an RSU settlement.
How many restricted stock units did the Utz Brands officer receive?
On 01/05/2026, the officer received a new grant of 7,779 restricted stock units of Utz Brands Class A Common Stock under the company’s 2020 Omnibus Equity Incentive Plan.
What is the vesting schedule for the new Utz Brands RSU award?
The 7,779 restricted stock units vest 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.
What is Ryan Patrick Tewey’s Utz Brands share ownership after these transactions?
Following the reported transactions, the officer beneficially owns 16,558 shares of Utz Brands Class A Common Stock, held directly.
At what price were the Utz Brands shares withheld for taxes?
The shares withheld on 01/02/2026 to cover tax obligations were valued at $10.38 per share.
Under which plan were the new Utz Brands RSUs granted?
The restricted stock units were granted under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan and are structured so each unit represents a right to receive one share of Class A Common Stock.