Universal Technical Institute (UTI) EVP/COO discloses RSU grant and share withholdings
Rhea-AI Filing Summary
Universal Technical Institute EVP/COO equity transactions were reported for Todd A. Hitchcock. On 12/10/2025, he acquired 18,588 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock. These RSUs vest in three equal installments beginning on December 15, 2026.
On 12/11/2025, the company withheld 9,467, 3,148, and 2,334 shares of common stock at a price of $24.55 per share to cover tax-withholding obligations tied to previously granted performance-based and time-based RSUs. After these transactions, Hitchcock beneficially owned 123,038 shares of Universal Technical Institute common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.0001 par value | 9,467 | $24.55 | $232K |
| Tax Withholding | Common Stock, $0.0001 par value | 3,148 | $24.55 | $77K |
| Tax Withholding | Common Stock, $0.0001 par value | 2,334 | $24.55 | $57K |
| Grant/Award | Common Stock, $0.0001 par value | 18,588 | $0.00 | -- |
Footnotes (1)
- The restricted stock units ("RSU") vest in three equal installments beginning on December 15, 2026. Each RSU represents a contingent right to receive one share of issuer's Common Stock. Shares withheld by the issuer to satisfy tax-withholding obligations upon settlement of the performance-based restricted stock units granted on December 8, 2022. Shares withheld by the issuer to satisfy tax-withholding obligations upon vesting of restricted stock units granted on December 8, 2022. Shares withheld by the issuer to satisfy tax-withholding obligations upon vesting of restricted stock units granted on December 8, 2023.
FAQ
What insider transaction did Universal Technical Institute (UTI) report in this filing?
The filing reports equity transactions for Todd A. Hitchcock, EVP/COO of Universal Technical Institute, including a grant of 18,588 restricted stock units and several share withholdings to cover tax obligations related to previously granted RSUs.
How many restricted stock units did the UTI executive receive and when do they vest?
The executive received 18,588 restricted stock units on 12/10/2025. According to the disclosure, these RSUs vest in three equal installments beginning on December 15, 2026.
What does each restricted stock unit represent for Universal Technical Institute (UTI)?
Each restricted stock unit reported in the filing represents a contingent right to receive one share of Universal Technical Institute common stock.
What is the executive’s role at Universal Technical Institute (UTI)?
The reporting person is identified as an officer of Universal Technical Institute, serving as EVP/COO (Executive Vice President/Chief Operating Officer).