Kevane Christopher E. 4
Research Summary
AI-generated summary
UTI EVP & Chief Legal Officer Christopher Kevane Sells 23,654 Shares
What Happened
- Christopher E. Kevane, EVP and Chief Legal Officer of Universal Technical Institute (UTI), sold 23,654 shares in an open‑market disposition on 2026-03-27. The filing reports a weighted-average sale price of $37.55, for total proceeds of approximately $888,115. The filing notes the shares were sold in multiple trades at prices ranging from $37.16 to $37.79.
Key Details
- Transaction date: 2026-03-27 (open-market sale, Code: S)
- Amount sold: 23,654 shares
- Reported price: weighted average $37.55; price range $37.16–$37.79 (see footnote)
- Proceeds: ~$888,115
- Filing date: 2026-03-31 — appears to have been filed within the SEC’s two-business-day Form 4 deadline for the 3/27 trade
- Shares owned after the transaction: not specified in the information provided
- Footnote: The reported price is a weighted average; the filer offers to provide details on the number of shares sold at each separate price upon request (Footnote F1)
Context
- This was a sale (disposition) reported on Form 4. Sales by executives can be routine (e.g., for diversification, taxes, or other personal reasons) and do not by themselves indicate a change in the insider’s view of the company. No option exercises, grants, gifts, or 10b5-1 plan designation were reported in the provided excerpt.