Form 4: UTI SVP DeTray Sells Shares for Tax Obligations

Adrienne Dawn DeTray, SVP and CIO of Universal Technical Institute Inc., disposed of 1,766 shares of common stock to cover tax withholding obligations.

Summary

• Adrienne Dawn DeTray, SVP and CIO of Universal Technical Institute Inc. (UTI), reported a transaction on December 17, 2025.
• She disposed of 1,766 shares of UTI common stock at a price of $26.06 per share.
• This disposition was to satisfy tax-withholding obligations related to the vesting of restricted stock units (RSUs) that were granted on March 31, 2025.
• Following this transaction, DeTray beneficially owns 28,770 shares of UTI common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition following RSU vesting, which is a neutral event in itself, stemming from a positive compensation event for the executive.

Positives

• The transaction indicates the vesting of previously granted restricted stock units, which is a positive compensation event for the reporting person, Adrienne Dawn DeTray.

Negatives

• A disposition of 1,766 shares of common stock occurred, reducing the direct beneficial ownership.

Future Outlook

No specific forward-looking statements or guidance are provided.

Industry Context

This is an insider transaction filing, which is specific to an individual's holdings and reflects executive compensation practices rather than broader industry trends.

Related Party Transactions

• The transaction involves the disposition of shares by a company officer to the issuer for tax withholding, which is a standard compensation-related dealing.

Stakeholder Impact

• Shareholders: A minor dilution effect from the RSU vesting (though the shares were already accounted for in compensation plans), but the tax withholding itself has minimal direct impact. The overall beneficial ownership of the SVP remains substantial.
• Employees: No direct impact on employees.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary transaction by an insider to cover tax obligations upon the vesting of restricted stock units. It does not indicate any change in the company's fundamentals, strategic direction, or the insider's long-term conviction. Therefore, it provides no new information that would warrant a change in investment recommendation based solely on this filing.

Keywords

Universal Technical Institute, UTI, Adrienne Dawn DeTray, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, RSU Vesting, Officer Transaction