UTI COO sells 16,500 Universal Technical shares
Universal Technical Institute executive Todd A. Hitchcock sold shares of company stock.
Rhea-AI Filing Summary
Universal Technical Institute executive Todd A. Hitchcock sold shares of company stock. As EVP and COO, he completed an open-market sale of 16,500 shares of Universal Technical Institute common stock at a price of $37.33 per share. After this sale, he continued to hold 104,084 shares directly.
Positive
- None.
Negative
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Insights
Routine executive stock sale with continued sizable ownership stake.
Executive vice president and COO Todd A. Hitchcock executed an open-market sale of 16,500 shares of Universal Technical Institute common stock at $37.33 per share. The transaction is classified as a standard open-market sale under code "S".
Following the sale, Hitchcock still directly owns 104,084 shares, indicating he maintains a significant equity position. The activity appears consistent with typical liquidity or diversification moves by senior executives rather than a structural change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.0001 par value | 16,500 | $37.33 | $616K |
FAQ
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What insider transaction did Universal Technical Institute (UTI) report for Todd A. Hitchcock?
What is the role of Todd A. Hitchcock at Universal Technical Institute (UTI)?
What does transaction code "S" mean in the Universal Technical Institute (UTI) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.