Form 4: Utz Director Buys 7,901 Shares in Open Market

Utz Brands, Inc. Director Dylan Lissette acquired 7,901 shares of Class A Common Stock at a weighted average price of $9.9872 per share.

Summary

• Dylan Lissette, a Director of Utz Brands, Inc., purchased 7,901 shares of Class A Common Stock.
• The transaction occurred on November 7, 2025, at a weighted average price of $9.9872 per share.
• The purchase price for these shares ranged from $9.8862 to $10.1199.
• Following this transaction, Lissette directly beneficially owns 153,684 shares of Class A Common Stock.
• An additional 14,829 shares are indirectly held by a trust for the benefit of Lissette's youngest child, with Lissette disclaiming beneficial ownership for Section 16 purposes.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The insider purchase by a director, especially under a 10b5-1 plan, generally indicates a positive sentiment from management regarding the company's valuation or future prospects, though the amount is not exceptionally large relative to total shares outstanding.

Positives

• A director's open market purchase can signal confidence in the company's future prospects.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-planned acquisition.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The indirect ownership of 14,829 shares by a trust for the benefit of the reporting person's youngest child, who shares the reporting person's household, is disclosed. The reporting person disclaims beneficial ownership for Section 16 purposes.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal of confidence in the company's stock value.

Key Dates

Recommendation

While an insider purchase by a director is generally a positive signal, this Form 4 filing alone does not provide sufficient information to warrant a 'buy' recommendation. The transaction is relatively small in the context of the company's overall market capitalization and was executed under a pre-arranged 10b5-1 plan, which can sometimes be less indicative of immediate market sentiment than an un-planned open market purchase. Investors should consider this alongside broader financial performance, market conditions, and other fundamental analysis before making a definitive investment decision. Therefore, a 'hold' recommendation is appropriate, pending further comprehensive analysis.

Keywords

Utz Brands, UTZ, Insider Trading, Stock Purchase, Director, Dylan Lissette, Form 4, SEC Filing, Equity Acquisition, Rule 10b5-1