Form 4: Utz Brands 10% Owner Increases Stake

Series U of UM Partners, LLC, a 10% owner and director of Utz Brands, Inc., acquired additional Class A Common Stock through open market purchases in November 2025.

Summary

• Series U of UM Partners, LLC, identified as a 10% owner and director of Utz Brands, Inc. (UTZ), increased its beneficial ownership of Class A Common Stock.
• On November 20, 2025, 6,650 shares were purchased at a weighted average price of $9.53 per share, with transaction prices ranging from $9.45 to $9.54.
• On November 21, 2025, 70,379 shares were purchased at a weighted average price of $9.60 per share, with transaction prices ranging from $9.50 to $9.75.
• On November 24, 2025, 7,971 shares were purchased at a weighted average price of $9.51 per share, with transaction prices ranging from $9.39 to $9.56.
• These transactions were made pursuant to a Rule 10b5-1(c) plan.
• Following these acquisitions, Series U of UM Partners, LLC beneficially owns a total of 3,570,000 shares of Class A Common Stock.
• Series U of UM Partners, LLC may be deemed a member of a 'group' with Series R of UM Partners, LLC for Section 13(d) purposes.

Sentiment

Score: 8

Explanation: The acquisition of additional shares by a significant owner and director indicates strong confidence in the company's current valuation and future performance, which is generally perceived as a positive signal by the market.

Positives

• A significant shareholder and director, Series U of UM Partners, LLC, increased its stake in Utz Brands, Inc., signaling strong confidence in the company's future prospects and valuation.
• The acquisition of a total of 85,000 shares (6,650 + 70,379 + 7,971) represents a substantial commitment from an insider.
• The transactions were executed under a Rule 10b5-1 plan, indicating a pre-planned investment strategy rather than a reactive one.

Negatives

• No negative information is presented in this Form 4 filing, which solely reports insider stock acquisitions.

Risks

• The filing itself does not detail specific risks to the company's operations or financial performance, as it is a report of insider transactions.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider buying, particularly by a significant owner and director, is generally viewed positively by the market as it suggests confidence in the company's valuation and future prospects, potentially indicating a belief that the stock is undervalued relative to its peers or industry trends.

Comparison to Industry Standards

• This filing reports insider transactions, which are not directly comparable to industry-wide financial results or project performance.
• However, the scale of this acquisition by a 10% owner and director is notable within the context of insider activity, often interpreted as a stronger signal of confidence compared to smaller, routine purchases by other insiders.

Related Party Transactions

• The reported transactions are related-party dealings as they involve a 10% owner and director of Utz Brands, Inc. acquiring company stock.

Stakeholder Impact

• Shareholders: May view the insider buying as a positive indicator of management's confidence, potentially leading to increased investor interest and share price appreciation.
• Employees, Customers, Suppliers, Creditors: No direct impact is immediately apparent from this insider trading report.

Next Steps

• The filing does not specify any future actions, events, or milestones beyond the reported transactions.

Key Dates

Recommendation

The significant acquisition of Class A Common Stock by Series U of UM Partners, LLC, a 10% owner and director, signals strong conviction in Utz Brands' intrinsic value and future growth trajectory. Such insider buying often precedes positive company developments or reflects a belief that the stock is undervalued, making it a compelling 'buy' signal for investors.

Keywords

Utz Brands, UTZ, insider buying, Form 4, stock acquisition, 10% owner, director, beneficial ownership, Rule 10b5-1