Form 4: Universal Technical Institute SVP and CIO, Adrienne DeTray, Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Adrienne DeTray, SVP and CIO of Universal Technical Institute, reports the acquisition of 21,242 restricted stock units.
Summary
- Adrienne DeTray, SVP and CIO of Universal Technical Institute Inc. [UTI], filed a Form 4 on April 02, 2025, reporting a transaction that occurred on March 31, 2025.
- The transaction involved the acquisition of 21,242 restricted stock units, each representing a contingent right to receive one share of UTI Common Stock.
- These restricted stock units were acquired at a price of $0.
- The restricted stock units vest in three equal installments beginning on December 15, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock unit acquisition by a company executive.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The acquisition of restricted stock units by a company executive can be seen as a positive sign by shareholders, as it aligns the executive's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of restricted stock units. |
| 04/02/2025 | Date of Form 4 filing. |
| 12/15/2025 | Vesting start date for the restricted stock units in three equal installments. |
Keywords
Form 4, insider trading, restricted stock units, UTI, Universal Technical Institute, Adrienne DeTray, SVP, CIO
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