Form 4: UTI CEO Grant Sells Shares for Tax Obligations
Insider Transaction Report
Universal Technical Institute CEO Jerome Alan Grant disposed of 9,276 shares of common stock to cover tax withholding obligations related to RSU vesting.
Summary
- Jerome Alan Grant, the Chief Executive Officer and a Director of Universal Technical Institute Inc. (UTI), reported a transaction on December 17, 2025.
- The transaction involved the disposal of 9,276 shares of UTI common stock at a price of $26.06 per share.
- This disposal was made to satisfy tax-withholding obligations upon the vesting of restricted stock units (RSUs) that were granted on December 12, 2024.
- Following this transaction, Jerome Alan Grant beneficially owns 490,255 shares of Universal Technical Institute Inc. common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary sale to cover tax obligations upon RSU vesting, which is a routine event and generally considered neutral in terms of insider sentiment.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape for Universal Technical Institute Inc. (UTI).
Stakeholder Impact
- Shareholders: The disposal of shares for tax purposes is a routine event and typically has minimal direct impact on the company's operational or strategic direction. It slightly increases the public float of shares.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of grant for restricted stock units (RSUs). |
| 12/17/2025 | Transaction date for the disposal of shares to satisfy tax withholding obligations upon RSU vesting. |
| 12/19/2025 | Date the Form 4 was signed by Christopher Kevane, Attorney-in-Fact for Jerome Alan Grant. |
Keywords
Universal Technical Institute, UTI, Jerome Alan Grant, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, CEO
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