Form 4: UTI Executive Sells Shares for Tax Obligations

Tracy Kay Lorenz, UTI Division President, disposed of 880 shares of Universal Technical Institute common stock to cover tax withholding obligations related to vested restricted stock units.

Summary

• Tracy Kay Lorenz, UTI Division President, reported a transaction involving Universal Technical Institute Inc. (UTI) common stock.
• On December 17, 2025, 880 shares of common stock were disposed of at a price of $26.06 per share.
• This disposition was an 'F' transaction code, indicating shares were withheld by the issuer to satisfy tax-withholding obligations.
• The shares were withheld upon the vesting of restricted stock units that were granted on December 9, 2024.
• Following this transaction, Tracy Kay Lorenz beneficially owns 45,275 shares of Universal Technical Institute common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax withholding obligations upon the vesting of restricted stock units, indicating a neutral sentiment.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale of shares by an insider.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary transaction where shares were withheld to satisfy tax obligations upon the vesting of restricted stock units. Such transactions do not reflect a change in management's confidence in the company's future prospects and are not typically a basis for altering an investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific insider filing.

Keywords

Universal Technical Institute, UTI, Tracy Kay Lorenz, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units