Utz Brands, Inc.·4

Apr 27, 4:49 PM ET

Fernandez Antonio F. 4

4 · Utz Brands, Inc. · Filed Apr 27, 2026

Research Summary

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Utz (UTZ) Director Antonio F. Fernandez Receives RSU Award

What Happened

  • Antonio F. Fernandez, a director of Utz Brands, was granted 16,927 restricted stock units (RSUs) on April 23, 2026. The filing reports the grant at $0.00 per unit (total reported value $0) because these are contingent equity awards rather than an open-market purchase.

Key Details

  • Transaction date and terms: Grant of 16,927 RSUs on 2026-04-23 at $0.00 per unit (reported value $0).
  • Vesting: According to the filing, 100% of the RSUs vest on April 23, 2027, subject to continuous service and the plan’s conditions (see footnote).
  • Shares owned after transaction: Not specified in this filing.
  • Filing timeliness: Form 4 was filed on 2026-04-27, consistent with the typical two-business-day reporting window for Form 4 (transaction 4/23 → filed 4/27).
  • Footnotes: F1 clarifies each RSU represents a contingent right to one share of Class A common stock. F2 specifies the RSUs vest 100% on 2027-04-23, subject to continued service and plan terms.

Context

  • RSU grants are a common form of equity compensation for directors and employees; they do not transfer actual shares until they vest and the contingency conditions are met. This grant does not reflect a market purchase or sale and does not by itself indicate a change in the director’s current trading stance.

Insider Transaction Report

Form 4
Period: 2026-04-23
Transactions
  • Award

    Class A Common Stock

    [F1][F2]
    2026-04-23+16,927263,533 total
Footnotes (2)
  • [F1]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"). 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, 100% of the shares subject to the restricted stock units vest on April 23, 2027, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Antonio F. Fernandez|2026-04-27

Documents

1 file
  • 4
    wk-form4_1777322961.xmlPrimary

    FORM 4