Universal Technical Institute (UTI) EVP earns 38,878 performance-based shares
Rhea-AI Filing Summary
Universal Technical Institute, Inc. reported that its EVP and Chief Legal Officer, Christopher Kevane, acquired 38,878 shares of common stock on 12/08/2025 at a price of $0.00 per share. These shares were earned under a performance-based restricted stock unit award tied to the company’s achievement of specified performance criteria.
Following this transaction, Kevane directly beneficially owns 112,555 shares of Universal Technical Institute common stock. The filing indicates this was a routine equity compensation event rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,878 shares
Net Buy
1 txn
Insider
Kevane Christopher E.
Role
EVP and Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 38,878 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.0001 par value — 112,555 shares (Direct)
Footnotes (1)
- F1. Shares underlying a performance-based restricted stock unit award that was earned on the basis of the issuer's achievement of certain performance vesting criteria (as stated in the agreement governing the award).
FAQ
What insider transaction did UTI report in this Form 4?
UTI reported that EVP and Chief Legal Officer Christopher Kevane acquired 38,878 shares of common stock on 12/08/2025 through a performance-based restricted stock unit award.
What is the role of the reporting person at Universal Technical Institute (UTI)?
The reporting person, Christopher Kevane, serves as EVP and Chief Legal Officer of Universal Technical Institute, Inc.
Is this UTI Form 4 transaction a purchase on the open market?
No. The transaction reflects the earning and issuance of shares from a performance-based restricted stock unit award at $0.00 per share, not an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.