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23,654-Share Sale Notice — UTI (NYSE: UTI) Files Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

UTI filed a Form 144 reporting the sale of 23,654 shares of Common Stock. The shares were issued as restricted stock vesting events: 15,041 shares vested on 12/08/2024 and 8,613 shares vested on 12/13/2024 The filing lists Fidelity Brokerage Services LLC and indicates the exchange NYSE.

Positive

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Negative

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Insights

Form 144 notifies the market of an intended Rule 144 sale of vested restricted shares.

This filing documents an intended sale of 23,654 shares that originated from restricted stock vesting on 12/08/2024 and 12/13/2024. The notice names Fidelity Brokerage Services LLC as the broker and lists the NYSE as the exchange.

Timing and proceeds details are not provided in the excerpt; subsequent Form 4 or broker statements would show actual sale execution and cash flows.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does UTI's Form 144 report?

The filing reports a proposed sale of 23,654 shares of Common Stock. It specifies restricted stock vesting of 15,041 shares on 12/08/2024 and 8,613 shares on 12/13/2024, and lists Fidelity Brokerage Services LLC and the NYSE.

Who is the broker for the UTI sale in Form 144?

The Form 144 lists Fidelity Brokerage Services LLC with an address at 900 Salem Street, Smithfield, RI. The broker is named in the filing as the intermediary for the reported sale activity.

Were the shares in UTI Form 144 newly issued or from compensation?

The shares arise from restricted stock vesting events labeled as Compensation. The filing shows vesting dates of 12/08/2024 and 12/13/2024 for the disclosed share amounts.

Does the Form 144 disclose sale proceeds or execution timing?

The provided excerpt does not state proceeds or exact execution timing. It records the number of shares to be sold and vesting origins; details on sale price and settlement are not included in the excerpt.
Universal Technical Institute

NYSE:UTI

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