UTZ Form 4 shows 15,000-share insider purchase at sub-$10 prices

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Utz Brands, Inc. (UTZ) reported insider open-market purchases of its Class A common stock by a reporting person associated with Series R of UM Partners, LLC. On 11/20/2025, the filer bought 1,174 shares at a weighted average price of $9.53, followed by 12,420 shares at $9.60 on 11/21/2025, and 1,406 shares at $9.51 on 11/24/2025. In total, these transactions cover 15,000 shares purchased in the open market at prices within the stated ranges. After these trades, the reporting person beneficially owns 630,000 shares of Utz Brands Class A common stock, held directly.

Insider Trade Summary

Net Buyer: 15,000 shares ($143,791)

Net Buy 3 txns

Insider Series R of UM Partners, LLC

Role 10% Owner

Bought 15,000 shs ($144K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	1,406	$9.51	$13K
Purchase	Class A Common Stock	12,420	$9.60	$119K
Purchase	Class A Common Stock	1,174	$9.53	$11K

Holdings After Transaction: Class A Common Stock — 630,000 shares (Direct)

Footnotes (1)

These securities are solely owned by Series R of UM Partners, LLC, who may be deemed to be a member of a "group" with Series U of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.45 to $9.54, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected within the ranges set forth in footnotes 2 through 4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.50 to $9.75, inclusive. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.39 to $9.56, inclusive.

Form 4 Insider Transactions: What Each Field Means →

11/24/2025 - 05:03 PM

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^*

Series R of UM Partners, LLC

(Last)

(First)

(Middle)

C/O UTZ BRANDS, INC.

900 HIGH STREET

(Street)

HANOVER

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	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock⁽¹⁾	11/20/2025		P		1,174	A	$9.53⁽²⁾	616,174	D
Class A Common Stock⁽¹⁾	11/21/2025		P		12,420	A	$9.6⁽³⁾	628,594	D
Class A Common Stock⁽¹⁾	11/24/2025		P		1,406	A	$9.51⁽⁴⁾	630,000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These securities are solely owned by Series R of UM Partners, LLC, who may be deemed to be a member of a "group" with Series U of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act.

2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.45 to $9.54, inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected within the ranges set forth in footnotes 2 through 4.

3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.50 to $9.75, inclusive.

4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transaction prices ranging from $9.39 to $9.56, inclusive.

	/s/ Gene Otto, Vice President of Series R of UM Partners, LLC	11/24/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did the UTZ insider report in this Form 4 filing?

The filing reports that a Utz Brands, Inc. insider associated with Series R of UM Partners, LLC purchased Class A common stock in three open-market transactions in November 2025.

How many Utz Brands (UTZ) shares were bought in the reported transactions?

The insider bought 1,174 shares on 11/20/2025, 12,420 shares on 11/21/2025, and 1,406 shares on 11/24/2025, totaling 15,000 shares of Class A common stock.

What prices were paid for the UTZ shares in the Form 4 transactions?

The reported weighted average prices were $9.53 on 11/20/2025, $9.60 on 11/21/2025, and $9.51 on 11/24/2025, each with detailed price ranges noted in the footnotes.

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

Following the reported purchases, the reporting person beneficially owns 630,000 shares of Utz Brands Class A common stock, held directly.

What is the relationship of the reporting person to Utz Brands (UTZ)?

The reporting person is indicated as a director of Utz Brands, Inc., and the securities are solely owned by Series R of UM Partners, LLC.

What do the footnotes in the UTZ Form 4 explain about the prices?

The footnotes state that the reported prices are weighted averages and that the shares were bought in multiple transactions within specified price ranges, with full trade details available on request.