Form 4: Utz Brands Director John W. Altmeyer Reports Acquisition of Restricted Stock Units

Director John W. Altmeyer reports acquisition of 9,673 restricted stock units of Utz Brands, Inc. Class A Common Stock.

Summary

• On April 24, 2025, John W. Altmeyer, a director of Utz Brands, Inc., reported the acquisition of 9,673 shares of Class A Common Stock through a restricted stock unit award.
• These restricted stock units were granted under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
• The reported transaction increased Altmeyer's direct holdings to 67,573 shares of Class A Common Stock.
• The restricted stock units vest on April 24, 2026, contingent upon continuous service to the company.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with company performance.

Future Outlook

The restricted stock units vest on April 24, 2026, contingent upon continuous service to the company.

Industry Context

This filing is a routine disclosure of stock-based compensation to a company director, which is a common practice in publicly traded companies to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of restricted stock units by a director aligns their interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates

Keywords

Form 4, Utz Brands, Director, Stock Units, John W. Altmeyer, Equity Incentive Plan, Class A Common Stock, Restricted Stock