Form 4: Utz Brands Director William Werzyn Jr. Reports Acquisition and Disposal of Class A Common Stock
SEC Form 4 Filing
Director William Werzyn Jr. reports changes in beneficial ownership of Utz Brands Class A Common Stock due to restricted stock unit activity.
Summary
- On April 24, 2025, William Werzyn Jr., a director of Utz Brands, Inc., reported a transaction involving Class A Common Stock.
- Werzyn acquired 9,673 shares of Class A Common Stock related to a restricted stock unit award.
- Concurrently, Werzyn disposed of 9,673 shares.
- Following these transactions, Werzyn directly owns 14,970 shares of Utz Brands Class A Common Stock.
- The restricted stock units vest 100% on April 24, 2026, contingent upon continuous service to the company.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Future Outlook
The vesting of the restricted stock units is contingent upon the reporting person's continuous service to the company through April 24, 2026.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the director's ownership stake in the company, which may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: acquisition and disposal of Class A Common Stock. |
| 04/25/2025 | Date of report filing. |
| 04/24/2026 | Vesting date for 100% of the restricted stock units. |
Keywords
Form 4, Utz Brands, Director, Werzyn, Class A Common Stock, Beneficial Ownership, Restricted Stock Units
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