Fernandez Antonio F. 4

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.