Form 4: Universal Technical Institute CEO Jerome Grant Sells Shares
SEC Form 4 Filing
CEO Jerome Alan Grant sold 56,492 shares of Universal Technical Institute Inc. at an average price of $33.80 on May 12, 2025.
Summary
- On May 12, 2025, Jerome Alan Grant, the CEO of Universal Technical Institute Inc. (UTI), sold 56,492 shares of common stock.
- The sale was executed at a weighted average price of $33.80 per share.
- Following the transaction, Grant directly owns 344,624 shares of UTI.
- The shares were sold in multiple transactions with prices ranging from $33.27 to $34.185.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale, which doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by the CEO could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the stock sale transaction. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
UTI, Universal Technical Institute Inc., Jerome Alan Grant, CEO, stock sale, Form 4, insider trading
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