UTI director sells 15,000 shares in open market
UNIVERSAL TECHNICAL INSTITUTE INC director Linda J. Srere sold shares in an open-market transaction.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
UNIVERSAL TECHNICAL INSTITUTE INC director Linda J. Srere sold shares in an open-market transaction. On May 11, 2026, she sold 15,000 shares of common stock at a weighted average price of $36.5867 per share. After this sale, she directly owns 127,564 shares, indicating she retained a substantial position in the company.
Insights
Director executes open-market sale of 15,000 UTI shares, retaining a sizable stake.
Director Linda J. Srere completed an open-market sale of 15,000 shares of UNIVERSAL TECHNICAL INSTITUTE INC common stock at a weighted average price of $36.5867 per share on May 11, 2026.
The transaction is coded as an open-market sale, a strong-signal insider action, but she continues to hold 127,564 shares directly. The sale represents a portion of her position rather than a full exit, which is consistent with portfolio rebalancing or liquidity actions.
The footnote notes a weighted average price across multiple trades in a range of $36.52 to $37.32. Subsequent filings may provide additional context if trading activity continues, but this single transaction alone does not clearly alter the broader investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.0001 par value | 15,000 | $36.5867 | $549K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $36.52 to $37.32. The reporting person undertakes to provide the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
non-derivative financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UTI director Linda J. Srere report in this Form 4 transaction?
Director Linda J. Srere reported an open-market sale of 15,000 shares of UNIVERSAL TECHNICAL INSTITUTE INC common stock. The transaction involved non-derivative common shares with a $0.0001 par value, reflecting a direct reduction in her shareholdings.
What type of insider transaction is disclosed for UTI in this Form 4?
The Form 4 discloses a non-derivative open-market sale of common stock, coded as “S”. The transaction direction is classified as sell, distinguishing it from option exercises, gifts, or tax-withholding entries that often appear in other insider filings.
Does the UTI Form 4 footnote provide details about the trade pricing?
Yes. The footnote states that the reported price is a weighted average, with individual trades executed at prices between $36.52 and $37.32. It notes that detailed trade breakdowns are available to the issuer or regulators upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.