LENNOX WILLIAM J JR 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
UTI Director William J. Lennox Jr Receives 3,565-Share Award
What Happened
- William J. Lennox Jr, a director of Universal Technical Institute, Inc. (UTI), was granted 3,565 shares on March 5, 2026. The shares were issued at $0.00 (awarded as compensation), so no cash was exchanged and the reported transaction value is $0. The award was approved by UTI's Board of Directors.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-06 (timely filing).
- Transaction type: Award/Grant (code A); Shares: 3,565; Price: $0.00; Reported value: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Shares issued as non-employee director compensation under the Universal Technical Institute, Inc. Amended and Restated 2021 Equity Incentive Plan, approved by the Board on March 5, 2026.
- No indication of a 10b5-1 plan, sale, option exercise, or tax-withholding event in the filing.
Context
- This was a compensation grant to a non-employee director, a routine practice for boards to compensate directors with equity. Such awards represent compensation rather than an open-market purchase or sale and should not be interpreted on their own as a bullish or bearish investment signal.
Insider Transaction Report
Form 4
LENNOX WILLIAM J JR
Director
Transactions
- Award
Common Stock, $0.0001 par value
[F1]2026-03-05+3,565→ 123,168 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.
Signature
/s/ Christopher Kevane, Attorney-in-Fact for William J. Lennox, Jr.|2026-03-06