Form 4: Utz Brands EVP Cary Devore Sells 30,000 Shares

Cary Devore, EVP, Chief Operations & Transformation Officer of Utz Brands, Inc., sold 30,000 shares of Class A Common Stock at an average price of $17.3166 on November 4, 2024.

Summary

• On November 4, 2024, Cary Devore, the EVP, Chief Operations & Transformation Officer of Utz Brands, Inc., sold 30,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $17.3166 per share.
• The prices for individual transactions ranged from $17.24 to $17.37.
• Following the transaction, Devore directly owns 451,117 shares of Utz Brands, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction. The sentiment is neutral.

Industry Context

Insider sales are a common occurrence and are publicly disclosed via SEC filings. The sale by an executive may or may not reflect a change in sentiment regarding the company's future prospects.

Stakeholder Impact

• The sale of shares by a company executive could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates