Form 4: Utz Brands Executive Acquires Shares Through Employee Stock Purchase Plan

Mark Schreiber, EVP & Chief Customer Officer of Utz Brands, acquired 318 shares of Class A Common Stock through the company's Employee Stock Purchase Plan on June 30, 2024.

Summary

• Mark Schreiber, EVP & Chief Customer Officer of Utz Brands, acquired 318 shares of Class A Common Stock on June 30, 2024.
• The shares were purchased through the Utz Brands, Inc. 2021 Employee Stock Purchase Plan at a price of $15.14 per share.
• The acquisition is exempt under Rule 16b-3(c) and Rule 16b-3(d).
• Following the transaction, Schreiber directly owns 108,444 shares of Class A Common Stock.
• Schreiber also indirectly owns 700 shares of Class A Common Stock through a family trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, indicating neither significant positive nor negative implications for the company's performance.

Positives

• Executive participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.

Future Outlook

There is no future outlook provided in the document.

Industry Context

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

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through an employee stock purchase plan.

Key Dates