Brown Timothy 4
4 · Utz Brands, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Utz Brands (UTZ) Director Timothy Brown Receives Restricted Stock Award
What Happened
Timothy Brown, a director of Utz Brands, Inc. (UTZ), received an award of 16,927 restricted stock units (RSUs) on April 23, 2026. The RSUs were granted at $0.00 (no cash paid) and represent a contingent right to receive one share of Utz Class A common stock per unit when vested.
Key Details
- Transaction date: April 23, 2026; Form 4 filed April 27, 2026 (filing reports the Apr 23 grant).
- Grant: 16,927 RSUs; grant price reported as $0.00 (award/compensation, not a purchase).
- Vesting: 100% of the RSUs vest on April 23, 2027, subject to Brown's continued service and plan conditions (see footnotes).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 confirms each RSU equals a contingent right to one share under the 2020 Omnibus Equity Incentive Plan; F2 states the full vesting date and service conditions.
- Timeliness: The Form 4 was filed four days after the grant date; Form 4s are generally required within two business days, so this filing appears later than the typical deadline.
Context
RSU grants are standard long-term compensation for executives and directors and do not involve an immediate market purchase or sale of shares. The award indicates future potential share issuance if vesting conditions are met; it should not be interpreted by itself as a near-term buy/sell signal.
Insider Transaction Report
Form 4
Brown Timothy
Director
Transactions
- 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.
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Timothy Brown|2026-04-27