TRAMMELL KENNETH R 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
UTI Director Kenneth Trammell Receives 3,565-Share Award
What Happened Kenneth R. Trammell, a director of Universal Technical Institute, Inc. (UTI), was granted 3,565 shares as a director compensation award on March 5, 2026. The shares were issued at $0.00 (no cash purchase); total reported value $0. This is an award/grant (transaction code A), not an open-market buy or sell — a routine form of non-employee director compensation.
Key Details
- Transaction date and price: March 5, 2026; 3,565 shares issued at $0.00 (code A — award/grant).
- Shares owned after transaction: Not reported on this Form 4.
- Footnote: Shares issued as non-employee director compensation under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan; award approved by UTI’s Board on March 5, 2026.
- Filing date / timeliness: Form 4 filed March 6, 2026 covering the March 5 transaction — appears to be filed promptly.
Context This grant reflects board compensation to a non-employee director and does not represent a market purchase or sale. Such awards are often subject to plan terms (vesting or transfer restrictions), though the filing does not specify vesting or sale timing. Transaction code A denotes a grant/award rather than an exercise, purchase, sale, or gift.
Insider Transaction Report
- Award
Common Stock, $0.0001 par value
[F1]2026-03-05+3,565→ 136,083 total
Footnotes (1)
- [F1]The shares were issued as non-employee director compensation under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan and the award was approved by UTI's Board of Directors on March 5, 2026.