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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,779 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 303 | $10.38 | $3K |
| Tax Withholding | Class A Common Stock | 377 | $10.38 | $4K |
| Tax Withholding | Class A Common Stock | 128 | $10.38 | $1K |
Footnotes (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 3 filed with the Commission on August 20, 2025. 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. 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.
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 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.
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.