Roger K. Deromedi filed an amendment to Schedule 13G reporting beneficial ownership of 4,772,885 shares of Utz Brands, Inc. Class A common stock, representing 5.54% of the Class A shares outstanding. The percentage is calculated using 86,201,901 Class A shares outstanding as of 07/28/2025. Holdings are held across several trusts and directly: 2,516,736 shares in a Revocable Trust, 461,401 in a 2021 GRAT, 25,379 directly, 360,000 in an Irrevocable Generation Skipping Trust 409,369 in a 2024 GRAT, and 1,000,000 in a 2024 GRAT 2. The filing notes voting and dispositive power over the Revocable Trust and the GRATs, and disclaims beneficial ownership of the shares controlled by the spouse-held Irrevocable Trust.
Positive
Material stake reported: Ownership of 4,772,885 shares equals 5.54% of Class A, a clear, reportable position
Concentrated long-term holdings: Majority of shares held via trusts, indicating stable ownership intent
Negative
Spouse-controlled trust excluded:360,000 shares are held in an Irrevocable Trust controlled by the spouse and disclaimed, which reduces consolidated family control
Potential dilution sensitivity: Percentage is based on 86,201,901 outstanding Class A shares as of 07/28/2025; future issuances would dilute the reported 5.54%
Insights
5.54% stake signals a significant insider-affiliated ownership position.
The reported 5.54% ownership is above the material threshold that typically draws investor attention and may influence governance dynamics. Concentration across trusts and direct holdings shows long-term estate planning rather than immediate trading activity.
Dependence on trusts means control is routed through estate vehicles; watch any future amendments that change voting power or convert Class A shares, particularly around proxy events within the next 12 months.
Stake composition clarifies where votes and dispositive power reside.
The filing specifies sole voting and dispositive power over 4,772,885 shares, indicating the Reporting Person can direct voting and dispositions for those shares. The spouse-controlled trust holds 360,000 shares which the filer disclaims, reducing perceived aggregate family control.
Investors should note the 07/28/2025 outstanding-share base used to calculate 5.54%; any future share issuance or class conversions will change this percentage immediately when reported.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Utz Brands, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
918090101
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
918090101
1
Names of Reporting Persons
Roger K. Deromedi
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
4,772,885.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
4,772,885.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,772,885.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.54 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: The reported percentage is calculated based upon 86,201,901 shares of Class A Common Stock ("Class A Shares") outstanding as of July 28, 2025, as reported on the Issuer's Form 10-Q filed with the Securities & Exchange Commision ("SEC") on July 31, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Utz Brands, Inc.
(b)
Address of issuer's principal executive offices:
900 High Street, Hanover, PA 17331
Item 2.
(a)
Name of person filing:
This statement is filed by Roger K. Deromedi, referred to herein as "Mr. Deromedi" and the "Reporting Person."
(b)
Address or principal business office or, if none, residence:
C/O Utz Brands, Inc.
900 High Street
Hanover, PA 17331
(c)
Citizenship:
See responses to Item 4 on each cover page.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
918090101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to Item 9 on the cover page.
The reported percentage is calculated based upon 86,201,901 Class A Shares outstanding as of July 28, 2025, as reported on the Issuer's Form 10-Q filed with the SEC on July 31, 2025.
Of the Class A Shares included in this Statement, (i) 2,516,736 are directly held by the Roger K. Deromedi Revocable Trust 2/11/2000 Amended and Restated 11/9/2011 (the "Revocable Trust"), (ii) 461,401 are directly held by Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust dated 11/01/2021 (the "2021 GRAT"), (iii) 25,379 are directly held by Mr. Deromedi, (iv) 360,000 are directly held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"), (v) 409,369 are directly held by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (GRAT) u/a/d 2/22/2024 (the "2024 GRAT 1") and (vi) 1,000,000 are directly held by Roger K Deromedi Irrevocable Grantor Retained Annuity Trust (GRAT) u/a/d 11/19/2024 (the "2024 GRAT 2"). The Reporting Person holds voting and dispositive power over the Revocable Trust, the 2021 GRAT, the 2024 GRAT 1 and the 2024 GRAT 2, and therefore may be deemed to be the beneficial owner of those aforementioned securities. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust and therefore Mr. Deromedi disclaims beneficial ownership of the shares held by the Irrevocable Trust.
The filing of this Statement shall not be construed as an admission that the Reporting Person, his spouse or any of the entities mentioned herein, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement.
(b)
Percent of class:
See responses to Item 11 on each cover page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Who filed the Schedule 13G/A for Utz Brands (UTZ)?
The filing was made by Roger K. Deromedi on 10/10/2025 reporting his holdings in Utz Brands, Inc.
How many Utz Brands (UTZ) Class A shares does Roger Deromedi report owning?
He reports beneficial ownership of 4,772,885 Class A shares, representing 5.54% of outstanding Class A shares.
What share count was used to calculate the 5.54% ownership?
The calculation uses 86,201,901 Class A shares outstanding as of 07/28/2025.
Are the shares held directly or through trusts?
Shares are held both directly and through multiple trusts, including a Revocable Trust (2,516,736 shares) and several GRATs totaling over 1,870,770 shares.
Does Roger Deromedi have voting or dispositive power over the reported shares?
Yes, the filing reports sole voting power and sole dispositive power over the 4,772,885 shares listed on the cover page.