Universal Technical Institute (NYSE: UTI) EVP reports RSU tax-share withholding
Rhea-AI Filing Summary
Universal Technical Institute Inc. disclosed an insider equity transaction by its EVP and Chief Legal Officer, Christopher Kevane. On 12/17/2025, 1,670 shares of common stock were withheld by the company to cover tax obligations triggered by the vesting of restricted stock units that were granted on December 9, 2024.
The shares were valued at $26.06 each for this tax withholding event. After this transaction, Kevane directly beneficially owns 107,175 shares of Universal Technical Institute common stock.
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FAQ
What insider transaction did Universal Technical Institute (UTI) report?
Universal Technical Institute reported that EVP and Chief Legal Officer Christopher Kevane had 1,670 shares of common stock withheld by the company to satisfy tax-withholding obligations upon the vesting of previously granted restricted stock units.
Who is the reporting person in this Universal Technical Institute (UTI) Form 4?
The reporting person is Christopher Kevane, who serves as EVP and Chief Legal Officer of Universal Technical Institute Inc.
When did the reported Universal Technical Institute (UTI) transaction occur?
The insider transaction occurred on 12/17/2025, when shares were withheld to cover tax obligations related to restricted stock units.
How many Universal Technical Institute (UTI) shares does the insider own after the transaction?
Following the tax-withholding transaction, Christopher Kevane directly beneficially owns 107,175 shares of Universal Technical Institute common stock.
What was the price used for the Universal Technical Institute (UTI) tax withholding shares?
The 1,670 shares withheld to satisfy tax obligations were valued at $26.06 per share for this transaction.
Was this Universal Technical Institute (UTI) insider transaction part of a 10b5-1 trading plan?
The form includes a checkbox to indicate transactions under a Rule 10b5-1(c) plan, but in this filing the transaction is identified as shares withheld by the issuer to satisfy tax-withholding obligations upon RSU vesting.