Form 4: Loretta Lydia Sanchez Sells 8,719 Shares of Universal Technical Institute Inc.
SEC Form 4
Director Loretta Lydia Sanchez sold 8,719 shares of Universal Technical Institute Inc. on March 26, 2024, for financial planning purposes.
Summary
- Loretta Lydia Sanchez, a director of Universal Technical Institute Inc. (UTI), sold 8,719 shares of the company's common stock on March 26, 2024.
- The sale was executed at a price of $15.0683 per share.
- Following the transaction, Sanchez directly owns 20,000 shares of UTI.
- The sale was conducted for financial planning needs, including tax and estate planning.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale by a director for personal financial planning.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a broader trend in the technical education industry.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock sale transaction |
| 03/28/2024 | Date of Form 4 filing |
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