Utz Brands: No New Officer/Director Changes or Compensation Disclosures

TL;DR

**Utz Brands 8-K: No new executive changes or compensation details to report.**

AI Summary

Utz Brands, Inc. filed an 8-K on January 12, 2024, to report that there were no new events regarding the departure or election of directors or officers, nor any new compensatory arrangements for officers. This filing essentially states that there is no new material information to disclose in these specific categories as of the report date. For investors, this means there are no immediate changes in leadership or executive compensation that could impact the company's strategic direction or financial health, suggesting stability in these areas.

Why It Matters

This filing indicates stability in Utz Brands' leadership and executive compensation structure, which can reassure investors about the continuity of management and strategy.

Risk Assessment

Risk Level: low — The filing indicates no new material changes, suggesting stability rather than new risks.

Analyst Insight

A smart investor would note the stability in leadership and compensation, but also recognize that this filing provides no new positive or negative catalysts. Further research into financial performance and market conditions would be necessary for investment decisions.

Key Players & Entities

• Utz Brands, Inc. (company) — the registrant filing the 8-K
• January 12, 2024 (date) — date of earliest event reported and filing date
• Delaware (company) — state of incorporation for Utz Brands, Inc.
• 001-38686 (dollar_amount) — Commission File No. for Utz Brands, Inc.
• 900 High Street Hanover, PA 17331 (company) — address of principal executive offices for Utz Brands, Inc.
• 717-637-6644 (dollar_amount) — telephone number for Utz Brands, Inc.
• Common Stock, $.0001 Par Value (company) — title of class of securities registered
• UTZ (company) — trading symbol for Utz Brands, Inc. on the New York Stock Exchange
• New York Stock Exchange (company) — exchange where Utz Brands, Inc. common stock is registered

Forward-Looking Statements

• Utz Brands, Inc. will maintain its current executive leadership team and compensation structure in the near term. (Utz Brands, Inc.) — high confidence, target: Q1 2024

FAQ

Filing Documents

• utz-20240112.htm (8-K) — 21KB
• 0001739566-24-000003.txt ( ) — 160KB
• utz-20240112.xsd (EX-101.SCH) — 2KB
• utz-20240112_def.xml (EX-101.DEF) — 13KB
• utz-20240112_lab.xml (EX-101.LAB) — 25KB
• utz-20240112_pre.xml (EX-101.PRE) — 14KB
• utz-20240112_htm.xml (XML) — 2KB

From the Filing

utz-20240112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 12, 2024 UTZ BRANDS, INC. (Exact Name of Registrant as Specified in Charter) Delaware 001-38686 85-2751850 (State or Other Jurisdiction of Incorporation) (Commission File No.) (IRS Employer Identification No.) 900 High Street Hanover , PA 17331 (Address of Principal Executive Offices, and Zip Code) Registrant's telephone number, including area code: ( 717 ) 637-6644 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of each exchange on which registered Common Stock, $.0001 Par Value "UTZ" New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) Appointment of Principal Accounting Officer Effective January 12, 2024 (the "Effective Date"), the Board of Directors (the "Board") of Utz Brands, Inc. (the "Company") designated Mr. Ajay Kataria as the Company's principal accounting officer. The principal accounting officer responsibilities are in addition to Mr. Kataria's role and duties as the Company's Chief Financial Officer. The Company's prior principal accounting officer, Mr. Eric Aumen, resigned effective as of the Effective Date, as previously disclosed on a Current Report on Form 8-K filed with the Securities and Exchange Commission (the "Commission") on November 22, 2023. Additional information regarding Mr. Kataria's age, background and experience are disclosed under "Executive Officers of "Utz Brands, Inc." in the Company's definitive proxy statement filed with the Commission on March 22, 2023. There were no new compensatory arrangements or modifications to existing compensatory arrangements entered into with Mr. Kataria in connection with his additional designation as the Company's principal accounting officer. The designation of Mr. Kataria to serve as the Company's principal accounting officer was not made pursuant to any arrangement or understanding with respect to any other person. In addition, there are no family relationships between Mr. Kataria and any director or other executive officer of the Company, and there are no related persons transactions (within the meaning of Item 404(a) of Regulation S-K) involving Mr. Kataria and the Company and/or its subsidiaries. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. UTZ BRANDS, INC. Dated: January 12, 2024 By: /s/ Ajay Kataria Name: Ajay Kataria Title: Executive Vice President, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR