Form 4: Utz Brands EVP James Sponaugle Reports Acquisition of Class A Common Stock

James Sponaugle, EVP & Chief People Officer of Utz Brands, Inc., reports acquiring 413 shares of Class A Common Stock through the company's Employee Stock Purchase Plan.

Summary

• On June 30, 2024, James Sponaugle, EVP & Chief People Officer of Utz Brands, Inc., acquired 413 shares of Class A Common Stock.
• The shares were purchased at a price of $15.14 per share.
• The acquisition was made through the Utz Brands, Inc. 2021 Employee Stock Purchase Plan.
• Following the transaction, Sponaugle directly owns 42,169 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Positives

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by an executive.

Key Dates