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UTZ filing: Giordano 4.42% and Chu 0.61% ownership disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Utz Brands, Inc. reporting persons Jason K. Giordano and Chinh E. Chu filed an amendment to Schedule 13G disclosing beneficial ownership of Class A common shares. Mr. Giordano directly holds 3,813,693 Class A shares (about 4.42% of the class) including 709,647 shares held jointly with his spouse. Mr. Chu (through CC Collier Holdings, LLC) directly holds 524,716 Class A shares (about 0.61%). Together the Reporting Persons would hold 4,338,409 Class A shares, or 5.03% of outstanding Class A shares, if treated as a group. All ownership percentages are calculated using 86,201,901 Class A shares outstanding as of July 28, 2025.

Positive

  • Transparent disclosure of share counts and voting/dispositive power for each reporting person
  • Clear calculation basis using 86,201,901 Class A shares outstanding as of July 28, 2025
  • Joint filing agreement is referenced, showing procedural coordination and record completeness

Negative

  • Combined holdings reach 5.03%, which may attract investor scrutiny despite being non-controlling
  • Filing does not clarify whether future coordinated actions are planned; only a disclaimer against group status is provided

Insights

Major shareholders disclosed modest, non-controlling stakes in Utz Brands.

The filing shows Jason K. Giordano holds 3.81M Class A shares (4.42%) and Chinh E. Chu controls 524,716 shares (0.61%), using 86,201,901 outstanding Class A shares as the denominator from July 28, 2025.

Combined group holdings would be 4,338,409 shares (5.03%), which crosses a common institutional notice threshold but remains non-controlling. Monitor any future amendments that change percentages or disclose coordinated actions within a short-term window.

Filing clarifies voting and dispositive power and preserves non‑group admission.

Each reporting person declares sole voting and dispositive power over their reported holdings; CC Collier is identified as the direct holder for Mr. Chu's shares. The statement explicitly disclaims that the parties are necessarily a Section 13(d) group despite a joint filing agreement (Exhibit A).

Governance impact is limited: combined holdings at 5.03% can prompt attention from issuers but do not create control. Watch for any future Schedule 13D/A or additional 13G amendments that would signal active coordination or intent to influence management.






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




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




Comment for Type of Reporting Person: 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.


SCHEDULE 13G



Jason K. Giordano
Signature:/s/ Jason K. Giordano
Name/Title:Jason K. Giordano
Date:10/10/2025
Chinh E. Chu
Signature:/s/ Chinh E. Chu
Name/Title:Chinh E. Chu
Date:10/10/2025

Comments accompanying signature: Exhibit A Joint Filing Agreement, dated as of February 11, 2022, by and among Jason K. Giordano, Chinh E. Chu, and Collier Creek Partners LLC (incorporated by reference to that certain Exhibit A to that certain Schedule 13G/A filed on February 11, 2022, by the Reporting Persons with the SEC).

FAQ

How many Utz Brands (UTZ) Class A shares does Jason K. Giordano own?

Jason K. Giordano directly owns 3,813,693 Class A shares, representing approximately 4.42% of Class A shares outstanding.

How many Utz Brands (UTZ) Class A shares does Chinh E. Chu control?

Chinh E. Chu, through CC Collier Holdings, LLC, controls 524,716 Class A shares, about 0.61% of the class.

What is the combined ownership percentage disclosed by the reporting persons for UTZ?

If treated as a group, the reporting persons would beneficially own 4,338,409 Class A shares, or about 5.03% of outstanding Class A shares.

What share count was used to calculate percentages for UTZ in this filing?

All percentages are based on 86,201,901 Class A shares outstanding as of July 28, 2025, per the issuer's SEC filing.

Does this Schedule 13G/A indicate the reporting persons are acting as a group for UTZ?

The filing includes a joint filing agreement but explicitly states it should not be construed as an admission that the parties are a Section 13(d) group or beneficial owners acting together.
Utz Brands Inc

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