Roger K. Deromedi - 08 Aug 2025 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Aug 2025, 17:29:58 UTC
Prior SEC filing
04 Jun 2025
Next SEC filing
03 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Theresa R. Shea, as attorney-in-fact for Roger K. Deromedi

Key filing fact

Roger K. Deromedi filed Form 4 for Utz Brands, Inc. (UTZ) on 11 Aug 2025.

Key facts

  • This page summarizes Roger K. Deromedi's Form 4 filing for Utz Brands, Inc. (UTZ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 11 Aug 2025, 17:29.

Change

  • Previous filing in this sequence was filed on 04 Jun 2025.
  • Current net transaction value: +$27,600,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001189715 Primary reporting owner

DEROMEDI ROGER K

Relationship
Director
Address
C/O UTZ BRANDS, INC., 900 HIGH STREET, HANOVER
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Roger K. Deromedi
Signature date
11 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UTZ transaction

Class A Common Stock

Options Exercise

Transaction value
$27,600,000
Shares
+2,400,000
Change %
+115%
Price
$11.50
Shares after
4,483,389
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F1, F2
UTZ transaction

Class A Common Stock

Tax liability

Transaction value
Shares
-1,966,653
Change %
-44%
Price
Shares after
2,516,736
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F2, F3
UTZ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,000,000
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F4
UTZ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
461,401
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F5
UTZ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
360,000
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F6
UTZ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,052
Date
08 Aug 2025
Ownership
Direct
UTZ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
409,369
Date
08 Aug 2025
Ownership
See Footnote
Footnotes
F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UTZ transaction Derivative

Warrants to purchase Class A Common Stock

Options Exercise

Transaction value
Shares
-2,400,000
Change %
-100%
Price
Shares after
0
Date
08 Aug 2025
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
2,400,000
Exercise price
$11.50
Footnotes
F1, F2, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Reflects the exercise of 2,400,000 warrants to purchase shares of Class A common stock of Utz Brands, Inc. ("Issuer") on a cashless basis pursuant to the Warrant Agreement, dated as of October 4, 2018 (the "Warrant Agreement"), by and between Collier Creek Holdings ("Collier Creek") and Continental Stock Transfer & Trust Company ("CST"), as assumed by the Issuer pursuant to that certain Assignment and Assumption Agreement, dated as of February 22, 2022, by and among the Issuer, CST, Equinity Trust Company ("Equinity") and the Consenting Holders (as defined therein). The number of shares of Class A common stock issuable upon exercise of the warrants was determined in accordance with section 3.3.1(c) of the Warrant Agreement.

Footnote F2

The securities are held by the Roger K. Deromedi Revocable Trust 2/11/2000 Amended and Restated 11/09/2011 (the "Revocable Trust"). The Reporting Person holds voting and dispositive power over the Revocable Trust.

Footnote F3

Reflects the shares of Class A common stock "withheld" in connection with the cashless exercise. Pursuant to Section 3.3.1(c) of the Warrant Agreement, the price was calculated as the average last reported sale price of the shares for the ten trading days ending on the third trading day prior to the date on which notice of exercise of the private placement warrant was sent to the warrant agent.

Footnote F4

The securities are held by the Roger K Deromedi Irrevocable Grantor Retained Annuity Trust (GRAT) u/a/d 11/19/2024 (the "2024 GRAT 2"). The Reporting Person holds voting and dispositive power over the 2024 GRAT 2.

Footnote F5

The securities are held by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust dated 11/01/2021 (the "2021 GRAT"). The reporting Person holds voting and dispositive power over the 2021 GRAT.

Footnote F6

The securities are held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"). To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by the Irrevocable Trust. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust.

Footnote F7

The securities are held by the The Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (GRAT) u/a/d 2/22/2024 (the "2024 GRAT 1"). The Reporting Person holds voting and dispositive power over the 2024 GRAT 1.

Footnote F8

The warrants are exercisable at any time and expire on August 28, 2025 or earlier upon redemption or the liquidation of the Issuer.

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