Form 4: UTI Executive Kevane Acquires 38,878 Shares via RSU Vesting

Universal Technical Institute's EVP and Chief Legal Officer, Christopher E. Kevane, acquired 38,878 shares of common stock through a performance-based restricted stock unit award.

Summary

• Christopher E. Kevane, Executive Vice President and Chief Legal Officer of Universal Technical Institute Inc. (UTI), acquired 38,878 shares of the company's common stock.
• The acquisition occurred on December 8, 2025, and was reported on December 10, 2025.
• These shares were obtained at a price of $0.00 per share, indicating they were part of a performance-based restricted stock unit (RSU) award.
• The award was earned based on the issuer's achievement of specific performance vesting criteria as outlined in the governing agreement.
• Following this transaction, Christopher E. Kevane beneficially owns a total of 112,555 shares of Universal Technical Institute common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The sentiment is positive as an executive has acquired shares through a performance-based award, indicating the company met its performance targets and aligning management's interests with shareholders. This is a routine, positive event for the executive and a neutral to slightly positive signal for the company.

Positives

• The acquisition of shares by an executive through a performance-based award indicates that the company met certain pre-defined performance vesting criteria, which is a positive signal for the company's operational execution.
• The increase in beneficial ownership by a key executive aligns management's interests more closely with those of shareholders.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, as it is solely a report of an insider transaction.

Management Comments

• The shares underlying the award were earned on the basis of the issuer's achievement of certain performance vesting criteria (as stated in the agreement governing the award).

Industry Context

This Form 4 filing is specific to an insider transaction and does not provide information directly related to broader industry trends or competitive landscape. However, executive compensation structures, including performance-based RSUs, are common across various industries to incentivize management performance and align interests with shareholders.

Stakeholder Impact

• Shareholders: The vesting of performance-based awards suggests the company met internal targets, which could be viewed positively. Increased insider ownership also signals management's confidence and alignment with shareholder interests.
• Employees (specifically Christopher E. Kevane): This transaction represents a significant compensation event for the EVP and Chief Legal Officer, reflecting successful performance against set criteria.

Key Dates

Keywords

Universal Technical Institute, UTI, Christopher Kevane, Insider Transaction, Form 4, Restricted Stock Units, Executive Compensation, Stock Acquisition, Performance Vesting, Rule 10b5-1