Utz Brands, Inc. filings document the reporting record of a branded salty-snack manufacturer with Class A common stock listed on the NYSE. The company’s Form 8-K disclosures cover quarterly and annual operating results, Regulation FD presentation materials, guidance-related updates, liquidity, leverage, cash flow, and capital-allocation actions such as dividends and share repurchases.
Proxy and annual-meeting filings describe board elections, advisory executive-compensation votes, auditor ratification, director classes, equity compensation disclosures, and voting power across the company’s Class A and Class V common stock. Other filings address accounting presentation matters, including the classification of logistics, direct-store-delivery distribution center, and outbound shipping and handling costs within the company’s statements of operations.
Utz Brands, Inc. reported first-quarter 2026 results showing modest sales growth but a small loss. Net sales were $361.3 million, up 2.6% year over year, driven mainly by 3.7% higher pricing that more than offset a 1.1% volume/mix decline.
Gross profit rose to $91.9 million with gross margin improving to 25.4% from 23.4% on productivity savings despite supply chain cost inflation. However, higher marketing and growth investments lifted selling, general and administrative expenses to $85.4 million, contributing to a net loss of $2.4 million, versus $5.7 million net income a year earlier.
Adjusted EBITDA increased to $47.9 million from $45.1 million, reflecting stronger underlying operations. Cash from operations was negative $12.2 million, and cash ended at $73.7 million against total debt of $842.3 million. The board approved a $50 million share repurchase program, though no shares were bought in the quarter. Management completed an interim goodwill test after the share price decline and concluded no impairment, but stated goodwill is at risk if performance or valuation weaken further.
Utz Brands reported modest growth for the first quarter of 2026 and reaffirmed its full-year outlook. Net sales rose 2.6% to $361.3 million, with Organic Net Sales up the same amount. Branded Salty Snacks, which represent 89% of sales, grew Organic Net Sales 5.2%, led by the Power Four brands.
Profitability mixed on a GAAP basis: the company posted a net loss of $2.4 million and diluted loss per share of $(0.02), partly due to lapping an $11 million warrant remeasurement gain last year. However, Adjusted EBITDA increased 6.2% to $47.9 million, lifting the Adjusted EBITDA margin to 13.3%, helped by 210 basis points of Adjusted Gross Margin expansion.
Cash metrics improved but remained negative in the quarter. Cash flow used in operations was $12.2 million and Adjusted Free Cash Flow was $(25.9) million, both significantly better than a year ago. Net debt stood at $780.3 million, for a Net Leverage Ratio of 3.6x. For fiscal 2026, Utz continues to expect Organic Net Sales growth of 2–3%, Adjusted EBITDA growth of 5–8%, Adjusted Free Cash Flow of $60–$80 million, and year-end Net Leverage between 3.0x and 3.2x, including a 53rd week that is expected to add about $20 million of net sales.
Werzyn William Jr. reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director William Jr. Werzyn received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These units vest 100% on April 23, 2027, if he remains in continuous service and other plan conditions are met. Following this award, he holds 39,897 shares directly.
DEROMEDI ROGER K reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director Roger K. Deromedi received 16,927 restricted stock units of Class A Common Stock under the company’s 2020 Omnibus Equity Incentive Plan. Each unit represents a contingent right to one share of Class A Common Stock.
The restricted stock units vest 100% on April 23, 2027, subject to his continuous service and conditions in the plan and award agreement. Following this grant, he holds 26,600 Class A shares directly, in addition to various indirect holdings through a revocable trust and several Grantor Retained Annuity Trusts, with certain prior trust-to-trust transfers noted as exempt under Rule 16a-13.
Utz Brands, Inc. director Pamela J. Stewart reported receiving a grant of 16,927 shares of Class A Common Stock through a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
The award has no cash exercise price and represents a contingent right to receive one share per unit. All shares subject to these restricted stock units are scheduled to vest on April 23, 2027, if she remains in continuous service to the company and other plan conditions are met. Following this award, she directly holds 54,571 shares.
Lindeman Bruce John reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands director Bruce John Lindeman received an equity grant of 16,927 restricted stock units tied to Class A Common Stock. The award was granted at no cash cost as part of the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan and represents a contingent right to receive an equal number of shares.
The restricted stock units are scheduled to vest 100% on April 23, 2027, if Lindeman remains in continuous service and other plan conditions are met. After this grant, his directly held position reported in the filing is 69,080 shares of Class A Common Stock.
Brown Timothy reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands director Timothy Brown received an equity grant of 16,927 restricted stock units representing Class A Common Stock. The award was granted at no cash cost as part of compensation under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
Each restricted stock unit corresponds to one share of Class A Common Stock and is subject to vesting conditions. All of the units are scheduled to vest on April 23, 2027, if Brown continues to serve the company and other plan conditions are met. Following this grant, he directly holds 84,500 shares of Class A Common Stock, combining previously held shares and the new award.
Steeneck Craig D. reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director Craig D. Steeneck received a grant of 16,927 shares of Class A Common Stock on a restricted stock unit basis under the company’s 2020 Omnibus Equity Incentive Plan. The award was granted at no cash cost per share as part of equity compensation.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Subject to the award agreement and the plan’s conditions, 100% of the restricted stock units vest on April 23, 2027 if Steeneck continues to serve the company through that date. Following this grant, he directly holds 312,000 shares.
Choi Christina reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands director Christina Choi received a compensation grant of 16,927 restricted stock units tied to the company’s Class A Common Stock. The award was made at a stated price of $0.00 per unit under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The units vest 100% on April 23, 2027, if she remains in continuous service and other plan conditions are met. Following this award, her reported direct holdings total 50,637 shares.
Giordano Jason K reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director Jason K. Giordano received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These restricted stock units vest 100% on April 23, 2027, contingent on continued service and plan conditions.
Following this award, Giordano directly owns 3,840,293 shares of Class A Common Stock, including shares held together with his spouse.