Altmeyer John W 4
4 · Utz Brands, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Utz Brands (UTZ) Director John W. Altmeyer Receives Award
What Happened John W. Altmeyer, a director of Utz Brands, was granted 16,927 restricted stock units (RSUs) on April 23, 2026. The Form 4 reports the acquisition price as $0.00, reflecting that this was a compensation award (transaction code A) rather than a cash purchase. No sale or cash exercise was reported.
Key Details
- Transaction date: April 23, 2026; Form filed April 27, 2026 (filing appears timely under the 2-business-day Form 4 rule).
- Award: 16,927 restricted stock units (RSUs) reported at $0.00.
- Vesting: 100% of the RSUs vest on April 23, 2027, subject to Altmeyer’s continuous service and plan conditions (see footnote).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 confirms each RSU is a contingent right to one share of Class A common stock; F2 sets the April 23, 2027 vesting contingent on continued service and plan terms.
- No tax-withholding disposition or immediate sale reported in this filing.
Context RSU grants to directors are common as part of compensation programs and represent a future right to receive shares if vesting conditions are met; they are not the same as a director buying shares on the open market. The reported $0.00 price reflects an award grant; the eventual economic value will depend on Utz Brands’ share price at vesting and any applicable tax or withholding actions at that time.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-04-23+16,927→ 84,500 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.