Form 4: Utz Brands EVP & CFO Ajay Kataria Reports Acquisition of Shares Through Employee Stock Purchase Plan

Ajay Kataria, EVP & CFO of Utz Brands, Inc., reports acquiring 1,527 shares of Class A Common Stock through the company's Employee Stock Purchase Plan on June 30, 2024.

Summary

• On June 30, 2024, Ajay Kataria, the EVP & CFO of Utz Brands, Inc., acquired 1,527 shares of Class A Common Stock.
• The acquisition was made through the Utz Brands, Inc. 2021 Employee Stock Purchase Plan.
• The price per share was $15.14.
• Following the transaction, Kataria directly owns 134,126 shares of Class A Common Stock.
• The acquisition is exempt under Rule 16b-3(c) and Rule 16b-3(d).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an executive's participation in the company's stock purchase plan, indicating confidence in the company's future.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan demonstrates the executive's investment in the company's stock.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the actions of company executives regarding their ownership of company stock.

Key Dates