Sanchez Loretta Lydia 4

What Happened Loretta Lydia Sanchez, a director of Universal Technical Institute, Inc. (UTI), was granted 3,565 shares as an award on March 5, 2026. The shares were issued at $0.00 (award/grant), so no cash was paid by the insider; total reported value = $0. This transaction is an equity award (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-06 (timely; Form 4 filed the next day).
• Transaction type/code: Award/Grant (A); price: $0.00 per share; shares acquired: 3,565.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnote: The shares were issued as non-employee director compensation under UTI’s Amended and Restated 2021 Equity Incentive Plan and were approved by the Board on March 5, 2026.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise was reported.

Context Director awards are a common form of non-employee compensation and are typically routine. Such grants do not by themselves indicate buying or selling sentiment by the insider; they mainly reflect board-approved compensation. Vesting schedule or resale restrictions (if any) were not included in the provided information.