Bentz Jennifer 4
4 · Utz Brands, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Utz (UTZ) CMO Jennifer Bentz Receives 25,251 RSU Award
What Happened Jennifer Bentz, EVP and Chief Marketing Officer of Utz Brands, received a grant of 25,251 restricted stock units (RSUs) on 2026-03-09. The award was reported as an acquisition at $0.00 per share (typical for RSU grants); the RSUs represent contingent rights to one share of Utz Brands Class A Common Stock upon vesting.
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-10 (appears timely under Form 4 rules).
- Transaction type: Award/Grant (Code A).
- Shares/units granted: 25,251 RSUs; acquisition price reported $0.00.
- Vesting: 33.33% on 12/31/2026, 33.33% on 12/31/2027, 33.34% on 12/31/2028, subject to continuous service and plan terms (per filing).
- Plan/authority: Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan; award made pursuant to Rule 16b-3.
- Special note: Filing describes this as a special grant to certain senior officers to promote leadership continuity.
- Shares owned after transaction: not specified in the provided filing.
Context RSU grants are a form of compensation and retention incentive; they do not involve cash purchase or immediate sale of shares and vest over time contingent on continued service. Such awards are common for senior executives and do not by themselves indicate personal buying or selling sentiment in the open market.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-03-09+25,251→ 85,000 total
Footnotes (3)
- [F1]The shares of Utz Brands, Inc. (the "Company" or "Issuer") Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") made pursuant to Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The restricted stock units vest under the following schedule: Subject to the terms of the restricted stock unit award agreement, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2027, and 33.34% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2028, subject to the reporting person's Continuous Service (as defined in the Plan) to the Issuer through such dates and subject to certain conditions detailed in the Plan.
- [F3]Represents a special grant made to certain senior officers of the Company to promote leadership continuity and disciplined execution as the Company advances its long-term strategy.