UTI (UTI) director Loretta Sanchez receives 3,565-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sanchez Loretta Lydia reported acquisition or exercise transactions in this Form 4 filing.
UNIVERSAL TECHNICAL INSTITUTE INC director Loretta Lydia Sanchez received an equity award of 3,565 shares of common stock as non-employee director compensation. The shares were issued under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan and approved by the Board of Directors on March 5, 2026.
Following this grant, Sanchez directly holds a total of 21,590 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanchez Loretta Lydia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 3,565 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 21,590 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did UTI director Loretta Sanchez report on Form 4?
UTI director Loretta Lydia Sanchez reported receiving 3,565 shares of common stock as an equity grant. The shares were issued as non-employee director compensation under UTI’s Amended and Restated 2021 Equity Incentive Plan, approved by the Board on March 5, 2026.
What is the nature of the UTI stock award reported for Loretta Sanchez?
The award is a grant of 3,565 UTI common shares categorized as a grant, award, or other acquisition. It represents non-employee director compensation issued under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan, approved by the Board on March 5, 2026.
Was the UTI stock grant to Loretta Sanchez an open-market purchase or compensation?
The transaction was compensation, not an open-market purchase. Loretta Lydia Sanchez received 3,565 shares of UTI common stock as non-employee director compensation under the company’s Amended and Restated 2021 Equity Incentive Plan, with the award approved by the Board of Directors.
Under which equity plan was Loretta Sanchez’s UTI stock award granted?
The stock award to Loretta Lydia Sanchez was granted under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan. The Board of Directors approved this non-employee director compensation award of 3,565 common shares on March 5, 2026, according to the Form 4 footnote.