Universal Technical Institute (UTI) EVP/COO earns 38,878 performance-based shares
Rhea-AI Filing Summary
Universal Technical Institute, Inc. reported an insider equity award for executive vice president and chief operating officer Todd A. Hitchcock. On 12/08/2025, he acquired 38,878 shares of common stock at a reported price of $0.00 per share, reflecting shares earned under a performance-based restricted stock unit award tied to specific company performance criteria.
Following this transaction, Hitchcock directly beneficially owns 119,399 shares of Universal Technical Institute common stock. The filing characterizes the award as performance-based, meaning the shares were earned based on the issuer’s achievement of agreed performance vesting targets.
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FAQ
What insider transaction did UTI disclose for Todd A. Hitchcock?
Universal Technical Institute disclosed that EVP/COO Todd A. Hitchcock acquired 38,878 shares of common stock on 12/08/2025 through a performance-based restricted stock unit award.
At what price were the UTI shares acquired in this Form 4 filing?
The 38,878 shares of Universal Technical Institute common stock were reported as acquired at a price of $0.00 per share.
How many UTI shares does Todd A. Hitchcock own after this transaction?
After the reported transaction, Todd A. Hitchcock beneficially owns 119,399 shares of Universal Technical Institute common stock, held directly.
What type of award led to the share acquisition reported by UTI?
The shares were earned under a performance-based restricted stock unit award, which vests based on the issuer’s achievement of specified performance criteria.
What is Todd A. Hitchcock’s role at Universal Technical Institute (UTI)?
In the filing, Todd A. Hitchcock is identified as an officer of Universal Technical Institute, serving as EVP/COO (executive vice president and chief operating officer).
Is this UTI Form 4 filed for one reporting person or multiple?
The Form 4 is indicated as being filed by one reporting person, namely Todd A. Hitchcock.