Form 4: CC Collier Holdings Sells 496,038 Shares of Utz Brands, Inc.

CC Collier Holdings, LLC, a significant shareholder in Utz Brands, Inc., disposed of 496,038 shares of Class A Common Stock at a price of $13.40 per share on March 6, 2025.

Summary

• On March 6, 2025, CC Collier Holdings, LLC sold 496,038 shares of Utz Brands, Inc.'s Class A Common Stock.
• The sale price was $13.40 per share.
• The transaction was reported on a Form 4 filing with the SEC.
• Chinh E. Chu holds voting and dispositive power over the securities held by CC Collier.
• Jason K. Giordano, a Senior Managing Director of CC Capital, may be considered a director by deputization.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the sale.

Industry Context

Sales of shares by major holders are a normal part of market activity. It is important to consider the context of the sale, such as the overall market conditions and the company's performance, to determine the potential impact.

Stakeholder Impact

• The sale of a significant number of shares could potentially impact shareholder value, depending on market perception.

Key Dates