Grant Jerome Alan 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Universal Technical Institute (UTI) CEO Grant Jerome Alan Sells 60,040 Shares
What Happened
Grant Jerome Alan, CEO of Universal Technical Institute, sold 60,040 shares on Feb 27, 2026 in an open-market transaction. The sale was reported at a weighted-average price of $34.95 per share for aggregate proceeds of approximately $2,098,494. The filing lists the sale under transaction code S (sale).
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-02 (timely filed).
- Reported price: weighted average $34.95; underlying trade prices ranged from $34.41 to $35.115 (footnote).
- Shares disposed: 60,040; proceeds ≈ $2,098,494.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — sale made for personal tax planning purposes; F2 — weighted-average price reported, with range and offer to provide detailed breakdown on request.
- Transaction code: S (sale).
Context
Sales by executives can be routine (e.g., tax planning, diversification) and do not by themselves signal a change in company outlook; here the filer explicitly states the sale was for personal tax planning. The weighted-average price reflects multiple executions in a price range rather than a single trade price. Purchases generally receive more attention as potential positive signals; this filing documents a routine insider sale.
Insider Transaction Report
- Sale
Common Stock, $0.0001 par value
[F1][F2]2026-02-27$34.95/sh−60,040$2,098,494→ 430,215 total
Footnotes (2)
- [F1]These shares were sold by the reporting person for personal tax planning purposes.
- [F2]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.41 to $35.115. The reporting person undertakes to provide the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.