STOCK TITAN

Utz Brands (UTZ) CMO awarded 23,676 RSUs after tax share withholdings

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

Rhea-AI Filing Summary

Utz Brands, Inc. executive vice president and chief marketing officer Jennifer Bentz reported several equity transactions in the company’s Class A common stock. On January 2, 2026, shares were withheld to cover tax liabilities tied to the settlement of previously granted restricted stock unit awards, in three separate withholding transactions of 2,573, 1,422, and 1,445 shares at a price of $10.38 per share. These withholdings reduced but did not eliminate her direct holdings.

On January 5, 2026, she acquired 23,676 shares at $0, representing a new restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan. Each unit represents the right to receive one share of Class A common stock. The award vests in three 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 other plan conditions. Following the reported transactions, she directly owns 59,749 shares.

Positive

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Negative

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Insider Bentz Jennifer
Role EVP, Chief Marketing Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 23,676 $0.00 --
Tax Withholding Class A Common Stock 2,573 $10.38 $27K
Tax Withholding Class A Common Stock 1,422 $10.38 $15K
Tax Withholding Class A Common Stock 1,445 $10.38 $15K
Holdings After Transaction: Class A Common Stock — 59,749 shares (Direct)
Footnotes (1)
  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 4 filed with the Commission on July 18, 2023. 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 4 filed with the Commission on February 2, 2024. 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 4 filed with the Commission on January 6, 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.
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)
01/02/2026
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 01/02/2026 F 2,573(1) D $10.38 38,940 D
Class A Common Stock 01/02/2026 F 1,422(2) D $10.38 37,518 D
Class A Common Stock 01/02/2026 F 1,445(3) D $10.38 36,073 D
Class A Common Stock 01/05/2026 A 23,676(4)(5) A $0 59,749 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. 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 4 filed with the Commission on July 18, 2023.
2. 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 4 filed with the Commission on February 2, 2024.
3. 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 4 filed with the Commission on January 6, 2025.
4. 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.
5. 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 Jennifer Bentz 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.
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 equity transactions were reported for Utz Brands (UTZ)?

EVP and chief marketing officer Jennifer Bentz reported share withholdings for tax payments on settled restricted stock units on January 2, 2026, and a new restricted stock unit award on January 5, 2026 in Utz Brands Class A common stock.

How many Utz Brands (UTZ) shares were withheld for taxes in this insider filing?

On January 2, 2026, shares of Utz Brands Class A common stock were withheld to pay tax liabilities in three transactions totaling 2,573, 1,422, and 1,445 shares, each at a price of $10.38 per share.

What new equity award did the Utz Brands (UTZ) executive receive?

On January 5, 2026, Jennifer Bentz received a restricted stock unit award covering 23,676 shares of Utz Brands Class A common stock at $0 per share under the company’s 2020 Omnibus Equity Incentive Plan.

What is the vesting schedule for the new Utz Brands (UTZ) restricted stock units?

The 23,676 restricted stock units vest in three tranches, subject to continuous service: 33.33% on December 31, 2026, 33.33% on December 31, 2027, and 33.34% on December 31, 2028.

How many Utz Brands (UTZ) shares does the reporting person own after these transactions?

After the reported transactions, Jennifer Bentz directly owns 59,749 shares of Utz Brands Class A common stock.

What plan governs the reported restricted stock units for Utz Brands (UTZ)?

The restricted stock units are 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.