UNIVERSAL TECHNICAL INSTITUTE INC·4

Mar 6, 6:00 PM ET

DEVINCENZI ROBERT THOMAS 4

Research Summary

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Universal Technical Institute (UTI) Director Robert Devincentzi Receives Award

What Happened

  • Robert Thomas Devincentzi, a director of Universal Technical Institute, Inc. (UTI), was issued 3,565 shares on March 5, 2026 as an award/other acquisition (transaction code A). The shares were issued at $0.00 (no cash paid), so the reported acquisition value is $0. The award was approved by UTI’s Board of Directors.

Key Details

  • Transaction date: 2026-03-05 (Filed with SEC: 2026-03-06)
  • Transaction type/code: Grant/Award (A)
  • Shares acquired: 3,565; Price per share reported: $0.00; Reported value: $0
  • Shares owned after the transaction: Not disclosed in this filing
  • Footnote: Shares issued as non-employee director compensation under UTI’s Amended and Restated 2021 Equity Incentive Plan; award approved by the Board on March 5, 2026 (F1)
  • Filing timeliness: Filed one day after the transaction date (not indicated as late); no 10b5-1 plan, tax withholding, or cashless sale reported

Context

  • This was a director compensation award (routine non‑employee director equity grant), not an open‑market purchase or sale. Such grants often come with vesting or other restrictions (the filing does not specify vesting), and an award at $0 simply reflects compensation rather than an insider investing cash in the company.