STOCK TITAN

CMO Jennifer Bentz gets special Utz (NYSE: UTZ) restricted stock grant

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

Rhea-AI Filing Summary

Bentz Jennifer reported acquisition or exercise transactions in this Form 4 filing.

Utz Brands, Inc. executive vice president and chief marketing officer Jennifer Bentz reported an equity compensation grant of 25,251 shares of Class A Common Stock, delivered as restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan.

Each restricted stock unit represents one share of Class A Common Stock. The units vest in three tranches: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028, subject to her continued service and plan conditions. Following this award, she directly holds 85,000 shares. 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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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*
Bentz Jennifer

(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 Marketing Officer
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 25,251(1)(2)(3) A $0 85,000 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 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 Jennifer Bentz 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 insider transaction did UTZ EVP CMO Jennifer Bentz report on Form 4?

Jennifer Bentz reported receiving a grant of 25,251 restricted stock units of Utz Brands Class A Common Stock. This equity award is compensation, not an open-market purchase, and is structured under the company’s 2020 Omnibus Equity Incentive Plan as a special grant for senior officers.

How many UTZ shares does Jennifer Bentz hold after this Form 4 transaction?

After the reported grant, Jennifer Bentz holds 85,000 shares of Utz Brands Class A Common Stock directly. This figure reflects her position following the award of 25,251 restricted stock units, which are subject to vesting and each represent the right to receive one share.

What is the vesting schedule for Jennifer Bentz’s 25,251 UTZ restricted stock units?

The 25,251 restricted stock units vest in three installments over three years. 33.33% vest 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.

Are Jennifer Bentz’s UTZ restricted stock units an open-market purchase or a compensation grant?

The restricted stock units are a compensation grant, not an open-market purchase. They were awarded under the Utz Brands 2020 Omnibus Equity Incentive Plan as a special grant to certain senior officers, delivered at no cash cost per share to the executive.

Why did Utz Brands provide this special restricted stock grant reported for UTZ?

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

What does each Jennifer Bentz UTZ restricted stock unit represent?

Each restricted stock unit granted to Jennifer Bentz represents a contingent right to receive one share of Utz Brands Class A Common Stock. Delivery of actual shares depends on satisfying the vesting schedule and the conditions set out in the company’s equity incentive plan and award agreement.
Utz Brands Inc

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