Tewey Ryan Patrick 4
4 · Utz Brands, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Utz (UTZ) Principal Accounting Officer Tewey Ryan Patrick Receives Award
What Happened
- Tewey Ryan Patrick, Principal Accounting Officer of Utz Brands, was granted 4,296 restricted stock units (RSUs) on March 9, 2026. The award is reported as an acquisition (grant) with an acquisition price of $0 (the grant itself has no cash purchase price). Each RSU represents a contingent right to receive one share of Utz Class A common stock under the company's 2020 Omnibus Equity Incentive Plan.
Key Details
- Transaction date: March 9, 2026; filing date: March 10, 2026 (appears timely).
- Transaction type/code: Award/Grant (A) — 4,296 RSUs; reported acquisition price $0; total recorded value $0.
- Vesting: 33.33% vests on December 31, 2026; 33.33% vests on December 31, 2027; 33.34% vests on December 31, 2028, subject to continuous service and plan conditions (see footnotes).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: RSUs are governed by the 2020 Omnibus Equity Incentive Plan and represent contingent rights to receive shares (Rule 16b-3); this was a special grant to certain senior officers to promote leadership continuity.
Context
- RSU grants are compensation awards, not open-market purchases or sales; they do not create immediate cash proceeds and only convert to shares if vesting conditions are met. Such awards are common executive compensation and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4
Tewey Ryan Patrick
Principal Accounting Officer
Transactions
- Award
Class A Common Stock
[F1][F2][F3]2026-03-09+4,296→ 20,854 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.
Signature
/s/ Theresa R. Shea as attorney-in-fact for Ryan Patrick Tewey|2026-03-10