UTZ.NYSEUtz Brands, INC

Form 4: Utz Brands CEO Friedman Buys 7,200 Shares

Sentiment:

Insider Transaction Report

📋All filings for Utz Brands, INC
🔒Login to Follow

Utz Brands CEO Howard A. Friedman purchased 7,200 shares of Class A Common Stock at an average price of $10.581, signaling confidence.

Summary

  • Howard A. Friedman, CEO and Director of Utz Brands, Inc. (UTZ), acquired 7,200 shares of Class A Common Stock.
  • The transaction occurred on November 3, 2025, at a weighted average price of $10.581 per share, with prices ranging from $10.55 to $10.60.
  • This purchase was executed under a Rule 10b5-1 pre-arranged trading plan.
  • Following this transaction, Mr. Friedman beneficially owns a total of 279,279 shares of Class A Common Stock, held directly and indirectly through various trusts and an IRA.

Sentiment

Score: 8

Explanation: The CEO's purchase of company stock, particularly under a pre-arranged 10b5-1 plan, signals strong confidence in the company's future performance and valuation.

Positives

  • CEO Howard A. Friedman purchased 7,200 shares of Class A Common Stock, indicating management's confidence in the company's future prospects.
  • The purchase was made at an average price of $10.581 per share, representing a direct investment by a key executive.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • Prior transfer of 59,098 shares of Class A Common Stock from Howard A. Friedman to the Howard A. Friedman Revocable Trust u/a/d 09/24/2012, which was exempt under Rule 16a-13.
  • Prior transfer of 75,246 shares of Class A Common Stock from Howard A. Friedman to the Howard A. Friedman 2025-1 GRAT dtd 06/01/2025, which was exempt under Rule 16a-13.
  • Prior transfer of 6,350 shares of Class A Common Stock from Howard A. Friedman to the Howard Friedman Rollover IRA, which was exempt under Rule 16a-13.

Stakeholder Impact

  • Shareholders: May view the CEO's purchase as a positive signal of confidence, potentially influencing investor sentiment.
  • Employees: Could interpret the CEO's investment as a sign of stability and belief in the company's long-term success.

Key Dates

DateDescription
09/24/2012Date of the Howard A. Friedman Revocable Trust, referenced in a prior exempt transfer.
06/01/2025Date of the Howard A. Friedman 2025-1 GRAT, referenced in a prior exempt transfer.
11/03/2025Date of the reported transaction where Howard A. Friedman purchased shares.
11/04/2025Date the Form 4 was signed by the attorney-in-fact for Howard A. Friedman.

Recommendation

hold

The CEO's purchase of 7,200 shares demonstrates management's conviction in Utz Brands' valuation and future prospects. This insider buying activity, especially from a key executive, is generally a positive indicator for investors, reinforcing a 'hold' position and potentially signaling an opportune time for further due diligence.

Keywords

Utz Brands, UTZ, Howard A. Friedman, Insider Buy, Stock Purchase, CEO, Director, Form 4, Class A Common Stock, 10b5-1 Plan

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.