Brochick George W. 4
Research Summary
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Universal Technical Institute (UTI) Director George Brochick Receives Award
What Happened
- George W. Brochick, a director of Universal Technical Institute, received a grant of 3,565 shares (transaction code A) on March 5, 2026. The shares were issued as director compensation and reported at $0.00 per share (no cash purchase).
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-06).
- Price: $0.00 per share (award/compensation).
- Shares received: 3,565 shares.
- Shares owned after transaction: not specified in the filing.
- Footnote: 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 the Board on March 5, 2026.
- Filing timeliness: Reported the next day (appears timely under standard 2‑business‑day reporting rules).
Context
- This was a compensation grant to a non-employee director, a common way companies compensate board members. Such awards are routine and do not by themselves indicate the director is buying or selling based on a private view of the company.
- The filing does not specify vesting terms or restrictions; awarded shares may be subject to vesting or other conditions under the equity plan.