UNIVERSAL TECHNICAL INSTITUTE INC·4

Mar 6, 6:00 PM ET

LENNOX WILLIAM J JR 4

Research Summary

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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.