Altmeyer John W 4

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.