Form 4: Utz Brands EVP Theresa Robbins Shea Reports Stock Acquisition

Theresa Robbins Shea, EVP and General Counsel of Utz Brands, Inc., reports acquiring 319 shares of Class A Common Stock through the company's Employee Stock Purchase Plan at a price of $15.14 per share on June 30, 2024.

Summary

• On June 30, 2024, Theresa Robbins Shea, EVP and General Counsel of Utz Brands, Inc., acquired 319 shares of Class A Common Stock.
• The shares were purchased through the Utz Brands, Inc. 2021 Employee Stock Purchase Plan at a price of $15.14 per share.
• Following the transaction, Shea directly owns 39,296 shares of Utz Brands Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The purchase through the employee stock purchase plan is a positive sign, but not significantly impactful.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan indicates confidence 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 regarding their ownership of company stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to insider buying.

Key Dates