Grant Jerome Alan 4
Research Summary
AI-generated summary
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.