4//SEC Filing
Sponaugle James 4
Accession 0001628280-26-000943
CIK 0001739566other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:49 PM ET
Size
17.6 KB
Accession
0001628280-26-000943
Insider Transaction Report
Form 4
Sponaugle James
EVP & Chief People Officer
Transactions
- Purchase
Class A Common Stock
2025-12-31$9.86/sh+679$6,695→ 52,017 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−1,578$16,380→ 50,439 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−874$9,072→ 49,565 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−1,086$11,273→ 48,479 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−1,170$12,145→ 47,309 total - Award
Class A Common Stock
2026-01-05+18,936→ 66,245 total - Award
Class A Common Stock
2026-01-06+19,585→ 85,830 total - Tax Payment
Class A Common Stock
2026-01-06$10.38/sh−5,771$59,903→ 80,059 total
Footnotes (9)
- [F1]The shares of Issuer's Class A Common Stock were acquired on December 31, 2025, pursuant to the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d).
- [F2]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 December 19, 2022.
- [F3]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, 2023.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]Represents shares issued upon vesting of performance share unit awards, as approved on January 6, 2026, by the Compensation Committee of the Board of Directors of the Issuer. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3.
- [F9]Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance share unit award reported by the reporting person in this Form 4.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001821513
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:49 PM ET
- Size
- 17.6 KB