Form 4: Utz Brands Director Boosts Stake with Share Purchase

Utz Brands Director Dylan Lissette acquired 31,750 shares of Class A Common Stock for $10.58 per share, signaling confidence in the company.

Summary

• Dylan Lissette, a Director of Utz Brands, Inc. (UTZ), purchased 31,750 shares of Class A Common Stock.
• The transaction occurred on November 3, 2025, at a weighted average price of $10.58 per share.
• The total value of the purchase was approximately $335,965.
• Individual share prices for the purchase ranged from $10.1746 to $10.69.
• Following this transaction, Dylan Lissette directly beneficially owns 145,783 shares of Class A Common Stock.
• An additional 14,829 shares are indirectly held by a trust for the benefit of Lissette's youngest child, with beneficial ownership disclaimed by Lissette.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The director's purchase of a significant number of shares indicates confidence in the company's future prospects and valuation, which is generally a positive signal for investors.

Positives

• Director Dylan Lissette increased his direct ownership in Utz Brands, Inc. by purchasing 31,750 shares, indicating confidence in the company's future prospects.
• The purchase was made at a weighted average price of $10.58 per share, suggesting management's belief in the company's valuation.
• The transaction was executed under a Rule 10b5-1 plan, which demonstrates pre-planned investment activity and adherence to insider trading policies.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• 14,829 shares of Class A Common Stock are indirectly held by a trust for the benefit of the reporting person's youngest child, who shares the reporting person's household. The reporting person disclaims beneficial ownership of these shares.

Stakeholder Impact

• Shareholders: The director's purchase of shares may increase investor confidence, potentially signaling positive future performance or undervaluation of the stock.

Key Dates

Recommendation

The director's purchase of a significant number of shares suggests confidence in the company's valuation and future prospects, which is generally a positive indicator for investors. However, this single transaction, reported via a Form 4, does not provide a comprehensive financial picture to warrant a 'buy' recommendation without further analysis of the company's fundamentals and broader market conditions. Therefore, a 'hold' recommendation is appropriate, acknowledging the positive insider sentiment while awaiting more complete financial disclosures.

Keywords

Utz Brands, UTZ, Dylan Lissette, Insider Trading, Stock Purchase, Director, Class A Common Stock, SEC Form 4, 10b5-1 Plan