Form 4: Utz Brands Director Donates 15,500 Shares

Utz Brands Director Roger K. Deromedi reported a charitable donation of 15,500 Class A Common Stock shares from a revocable trust.

Summary

• Roger K. Deromedi, a Director of Utz Brands, Inc. (UTZ), reported a charitable donation of 15,500 shares of Class A Common Stock.
• The transaction occurred on December 1, 2025, and was categorized as a gift (transaction code 'G').
• The shares were held by the Roger K. Deromedi Revocable Trust, Dated 2/11/2000, Amended and Restated 11/2/2011.
• No monetary value was received for the gifted shares, as it was a charitable donation.
• Following this transaction, Mr. Deromedi's direct beneficial ownership is 9,673 shares of Class A Common Stock.
• Indirect beneficial ownership includes 2,526,615 shares through the Revocable Trust, 1,000,000 shares through the 2024 GRAT 2, 461,401 shares through the 2021 GRAT, 360,000 shares through the Irrevocable Trust (with beneficial ownership disclaimed to the extent permitted), and 409,369 shares through the 2024 GRAT 1.

Sentiment

Score: 5

Explanation: The filing reports a personal charitable donation by a director, which is a neutral event for the company's operational or financial performance. It does not indicate positive or negative sentiment regarding the company itself.

Positives

• The transaction represents a charitable donation, indicating philanthropic activity by a company director.
• It is not a market sale, thus it does not exert selling pressure on the stock price.

Negatives

• A reduction of 15,500 shares in the beneficial ownership held by the Revocable Trust.

Future Outlook

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

Industry Context

This insider transaction is a personal financial event for a director and does not directly reflect broader industry trends or competitive dynamics for Utz Brands, Inc.

Related Party Transactions

• The transaction involves shares held by various trusts associated with Roger K. Deromedi, including the Roger K. Deromedi Revocable Trust, Irrevocable Grantor Retained Annuity Trusts (2024 GRAT 2, 2021 GRAT, 2024 GRAT 1), and an Irrevocable Generation Skipping Trust. These are considered related entities to the reporting person.

Stakeholder Impact

• Shareholders: Minimal impact, as it is a personal charitable donation by a director and not a market sale. It slightly reduces the director's indirect beneficial ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction.

Key Dates

Keywords

Utz Brands, UTZ, Roger K. Deromedi, Insider Transaction, Form 4, Stock Donation, Class A Common Stock, Beneficial Ownership