Stuart Jeremy K 4
4 · Utz Brands, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Utz Brands (UTZ) EVP Stuart Jeremy K Receives 24,962-Share RSU Award
What Happened Stuart Jeremy K, Executive Vice President, Sales & Chief Commercial Officer of Utz Brands, was granted 24,962 restricted stock units (RSUs) on March 9, 2026. The Form 4 reports the acquisition at $0.00 because these are time-based/contingent RSUs (award), not an open-market purchase. The award was made under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (within the typical 2-business-day reporting window).
- Grant: 24,962 restricted stock units; reported price $0.00 (RSUs represent contingent rights to receive one share each upon vesting).
- Vesting schedule: 33.33% vests on 12/31/2026, 33.33% on 12/31/2027, and 33.34% on 12/31/2028, subject to continuous service and plan conditions (per filing footnote).
- Shares owned after transaction: not specified in the filing.
- Footnote context: this was a special grant to certain senior officers to promote leadership continuity and disciplined execution; no tax-withholding or immediate sale reported.
Context This is an award/grant (derivative award) intended for retention/incentive — not a market purchase or sale. Such RSU grants are common compensation for senior executives and vest over time, so they do not necessarily indicate an immediate change in insider conviction. The filing appears timely.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-03-09+24,962→ 67,469 total
Footnotes (3)
- [F1]The shares of Utz Brands, Inc. (the "Company" or "Issuer") 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.
- [F2]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% of the 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 Issuer through such dates and subject to certain conditions detailed in the Plan.
- [F3]Represents a special grant made to certain senior officers of the Company to promote leadership continuity and disciplined execution as the Company advances its long-term strategy.