Form 4: UTI CFO Bruce Schuman Sells Shares for Tax Obligations
Insider Transaction
Universal Technical Institute's CFO, Bruce Schuman, disposed of 2,537 shares of common stock to cover tax withholding obligations related to vested restricted stock units.
Summary
- Bruce Schuman, Chief Financial Officer of Universal Technical Institute Inc. (UTI), reported a transaction involving the company's common stock.
- On December 17, 2025, 2,537 shares of common stock were disposed of at a price of $26.06 per share.
- This disposition was due to shares being withheld by the issuer to satisfy tax-withholding obligations upon the vesting of restricted stock units.
- The restricted stock units were originally granted on March 17, 2025.
- Following this transaction, Bruce Schuman beneficially owns 39,577 shares of Universal Technical Institute Inc. common stock.
Sentiment
Score: 5
Explanation: This Form 4 filing reports a routine, non-discretionary sale of shares by an insider to cover tax obligations upon the vesting of restricted stock units. It does not indicate any change in the company's financial performance, strategic direction, or management's confidence, thus maintaining a neutral sentiment.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
This filing is a routine insider transaction and does not provide industry-specific context.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's view of the company.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Grant date of restricted stock units. |
| 12/17/2025 | Transaction date for the disposition of shares to satisfy tax withholding obligations. |
| 12/19/2025 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Universal Technical Institute, UTI, Bruce Schuman, CFO, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.