Lissette Dylan 4

What Happened

• Lissette Dylan, a director of Utz Brands, had 16,891 shares withheld on February 27, 2026 to satisfy a tax liability arising from the settlement of a restricted stock unit award. The withheld shares were valued at $10.38 each, totaling $175,329. This transaction is a tax-withholding disposal (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-03 (timely filing).
• Price per share: $10.38; Shares involved: 16,891; Total value: $175,329.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Footnote F1: Shares were withheld to pay tax liability from an RSU settlement originally reported on Dec 19, 2022.
• Footnote F2: Notes certain shares are held in a trust for the reporting person's youngest child; the reporting person disclaims beneficial ownership of those trust-held shares.
• Transaction code: F (tax withholding).

Context

• This was a tax-withholding action tied to the settlement of restricted stock units (RSUs), effectively a cashless disposition to cover taxes—common and generally not interpreted as a directional insider trade signal. The filing was submitted within the Section 16 reporting window and contains the standard disclosure about shares held in a child-benefit trust.