Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-27

Utz Brands (UTZ)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,391,269
Howard Friedman total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
97.92%
Say-on-pay support, latest vote
Companies that benchmark against UTZ
5 companies name UTZ as a compensation peer

Each company listed discloses UTZ in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named UTZ in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Howard Friedman$968,289$0$2,699,044$0$609,936$0$114,000$4,391,269
Chief Executive Officer
Ajay Kataria246,6330827,090098,1240595,1911,767,038
Former Executive Vice President, Chief Financial and Accounting Officer
William Kelley Jr.380,38550,000870,4190285,200001,586,004
Executive Vice President, Chief Financial Officer
Theresa Shea505,5390549,7940199,989014,0001,269,322
Executive Vice President, Chief Legal Officer & Corporate Secretary
Mitchell Arends503,9430423,6730229,408014,0001,171,024
Executive Vice President, Chief Integrated Supply Chain Officer
Jennifer Bentz489,1790411,1870183,959014,0001,098,325
Executive Vice President, Chief Marketing Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Howard Friedman$4,391,269$4,907,657$4,113,444−516,388
Ajay Kataria1,767,0381,808,1551,359,129−41,117
William Kelley Jr.1,586,004
Theresa Shea1,269,3221,325,1871,146,807−55,865
Mitchell Arends1,171,0241,439,565−268,541
Jennifer Bentz1,098,325

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-23122,546,5162,608,560281,11397.92%Passed
20252025-04-24120,914,3667,273,87066,97094.33%Passed
20242024-04-25130,221,751482,50351,93899.63%Passed
20232023-05-04128,887,975389,17054,39799.7%Passed
20222022-05-05125,915,432747,358123,23499.41%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2397.92%a
20252025-04-2494.33%b
20242024-04-2599.63%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Utz Brands2025Howard Friedman$968,289$2,699,044$0$609,936$4,391,269

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Howard FriedmanDEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 4,391,269. Filing ↗machine: r5 · c22 · span 1911475–1911484
2Section 01, Ajay KatariaDEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 1,767,038. Filing ↗machine: span 2056886–2056895
3Section 01, William Kelley Jr.DEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 1,586,004. Filing ↗machine: r8 · c22 · span 1940820–1940829
4Section 01, Theresa SheaDEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 1,269,322. Filing ↗machine: r17 · c22 · span 2027643–2027652
5Section 01, Mitchell ArendsDEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 1,171,024. Filing ↗machine: r11 · c22 · span 1969740–1969749
6Section 01, Jennifer BentzDEF 14A2026-03-120001193125-26-103020Section “Fiscal Year 2025 Summary Compensation Table” · page 47. As printed: 1,098,325. Filing ↗machine: r14 · c22 · span 1998760–1998769
7Section 06, 2026 voteForm 8-K2026-04-270001628280-26-027526Item 5.07 · say-on-pay result. As reported: 97.92% (votes for as printed: 122,546,516). Filing ↗
8Section 06, 2025 voteForm 8-K2025-04-280001739566-25-000101Item 5.07 · say-on-pay result. As reported: 94.33% (votes for as printed: 120,914,366). Filing ↗
9Section 06, 2024 voteForm 8-K2024-04-260001739566-24-000083Item 5.07 · say-on-pay result. As reported: 99.63% (votes for as printed: 130,221,751). Filing ↗
10Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
11Utz Brands (subject), Section 10b CEO totalDEF 14A2026-03-120001193125-26-103020CEO total compensation as printed in Utz Brands's own proxy. As printed: 4,391,269. Filing ↗machine: r5 · c22 · span 1911475–1911484