4//SEC Filing
Friedman Howard A 4
Accession 0001628280-26-000947
CIK 0001739566other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:53 PM ET
Size
16.6 KB
Accession
0001628280-26-000947
Insider Transaction Report
Form 4
Friedman Howard A
DirectorCEO
Transactions
- Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−7,067$73,355→ 124,318 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−6,021$62,498→ 118,297 total - Tax Payment
Class A Common Stock
2026-01-02$10.38/sh−6,418$66,619→ 111,879 total - Award
Class A Common Stock
2026-01-05+123,249→ 235,128 total - Award
Class A Common Stock
2026-01-06+159,007→ 394,135 total - Tax Payment
Class A Common Stock
2026-01-06$10.38/sh−64,482$669,323→ 329,653 total
Holdings
- 66,298(indirect: See Footnote)
Class A Common Stock
- 75,246(indirect: See Footnote)
Class A Common Stock
- 6,350(indirect: See Footnote)
Class A Common Stock
Footnotes (10)
- [F1]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.
- [F10]The securities are held by Howard Friedman Rollover IRA.
- [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 February 2, 2024.
- [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 January 6, 2025.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]The securities are held by Howard A. Friedman Revocable Trust u/a/d 09/24/2012.
- [F9]The securities are held by Howard A. Friedman 2025-1 GRAT dtd 06/01/2025.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001609864
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:53 PM ET
- Size
- 16.6 KB