Brown Timothy 4

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.