STOCK TITAN

Executive Arends granted 26,013 RSUs at Utz Brands (UTZ) in special award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Utz Brands, Inc. reported that EVP Chief Integrated Supply Chain Mitchell Andrew Arends received a grant of 26,013 shares of Class A Common Stock as a restricted stock unit award under the company’s 2020 Omnibus Equity Incentive Plan. This is a compensation-related acquisition, not an open-market purchase, and leaves him with 101,712 shares held directly after the award.

Each restricted stock unit represents the right to receive one share of Class A Common Stock. The units 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, subject to his continued service and other plan conditions. The company describes this as a special grant to certain senior officers to promote leadership continuity and disciplined execution of its long-term strategy.

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Insider Arends Mitchell Andrew
Role EVP Chief Integr Supply Chain
Type Security Shares Price Value
Grant/Award Class A Common Stock 26,013 $0.00 --
Holdings After Transaction: Class A Common Stock — 101,712 shares (Direct)
Footnotes (1)
  1. The shares of Utz Brands, Inc. (the "Company" or "Issuer") 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% of the 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 Issuer through such dates and subject to certain conditions detailed in the Plan. Represents a special grant made to certain senior officers of the Company to promote leadership continuity and disciplined execution as the Company advances its long-term strategy.
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*
Arends Mitchell Andrew

(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 Integr Supply Chain
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 A 26,013(1)(2)(3) A $0 101,712 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 Utz Brands, Inc. (the "Company" or "Issuer") 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% of the 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 Issuer through such dates and subject to certain conditions detailed in the Plan.
3. Represents a special grant made to certain senior officers of the Company to promote leadership continuity and disciplined execution as the Company advances its long-term strategy.
Remarks:
/s/ Theresa R. Shea, as attorney-in-fact for Mitchell Andrew Arends 03/10/2026
** 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.
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 the Utz Brands (UTZ) Form 4 disclose for Mitchell Andrew Arends?

The Form 4 shows EVP Mitchell Andrew Arends received 26,013 restricted stock units of Utz Brands Class A Common Stock as a special equity grant, increasing his direct holdings to 101,712 shares following the award.

Is the Utz Brands (UTZ) Form 4 transaction an open-market buy or a compensation grant?

The transaction is a compensation grant, not an open-market purchase. Arends received 26,013 restricted stock units at a reported price of $0.00 per share under the Utz Brands 2020 Omnibus Equity Incentive Plan.

What is the vesting schedule for Mitchell Andrew Arends’ 26,013 Utz Brands (UTZ) RSUs?

The 26,013 restricted stock units vest over three years: 33.33% on December 31, 2026, another 33.33% on December 31, 2027, and the remaining 33.34% on December 31, 2028, subject to continuous service and plan conditions.

How many Utz Brands (UTZ) shares does Mitchell Andrew Arends hold after this Form 4 transaction?

After the restricted stock unit award, Arends directly holds 101,712 shares of Utz Brands Class A Common Stock. This figure reflects his total direct ownership position following the 26,013-share equity grant reported in the filing.

Why did Utz Brands (UTZ) make this special RSU grant to Mitchell Andrew Arends?

The award is described as a special grant to certain senior officers to promote leadership continuity and disciplined execution as Utz Brands advances its long-term strategy, aligning key executives’ incentives with the company’s multi-year objectives.

What does each Utz Brands (UTZ) restricted stock unit represent in this Form 4?

Each restricted stock unit represents a contingent right to receive one share of Utz Brands’ Class A Common Stock. Delivery of those shares depends on vesting over time and satisfaction of conditions set out in the company’s 2020 Omnibus Equity Incentive Plan.