Utz Brands (UTZ) EVP Arends Mitchell Andrew Receives RSU Award

What Happened
Arends Mitchell Andrew, EVP, Chief Integrated Supply Chain of Utz Brands, received a grant of 26,013 restricted stock units (RSUs) on March 9, 2026. The reported acquisition price is $0.00, which reflects an award of RSUs (not a cash purchase). Each RSU represents a contingent right to one share of Utz Class A common stock under the company's 2020 Omnibus Equity Incentive Plan.

Key Details

• Transaction type: Award/Grant (code A) — 26,013 RSUs granted on 2026-03-09; filing dated 2026-03-10.
• Reported price: $0.00 (typical reporting for awards; RSUs convert to shares upon vesting).
• Shares owned after transaction: Not disclosed in this Form 4.
• Vesting: 33.33% vests 12/31/2026, 33.33% vests 12/31/2027, 33.34% vests 12/31/2028, subject to continuous service and plan conditions (see footnote).
• Grant rationale: Described as a special grant to certain senior officers to promote leadership continuity and disciplined execution.
• Timeliness: Filing appears timely (transaction 2026-03-09; Form 4 filed 2026-03-10).

Context
RSU awards are not open-market purchases or sales — they are compensation that converts to shares only if vesting conditions are met. For investors, awards show management is being incentivized for future performance/retention but do not necessarily signal immediate insider buying or selling.