4Filed Aug 11, 8:00 PM ET

UTI Director Robert Devincenzi Buys 8,000 Shares

$UTI · UNIVERSAL TECHNICAL INSTITUTE INC

Research Summary

AI-generated summary of this SEC filing

Updated

UTI Director Robert Devincenzi Buys 8,000 Shares

What Happened
Director Robert Thomas Devincenzi purchased 8,000 shares of Universal Technical Institute, Inc. (UTI) in open-market transactions on August 10, 2026. The filing reports a weighted average purchase price of $28.21 per share for a total outlay of $225,676.

Key Details

  • Transaction date: 2026-08-10 (Form 4 filed 2026-08-12; appears timely).
  • Transaction type/code: Open market purchase (P).
  • Shares bought: 8,000 shares.
  • Price: Weighted average $28.21 per share; range of individual trade prices reported in a footnote as $27.736 to $28.585.
  • Total value: $225,676 (based on the weighted average).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The reported price is a weighted average across multiple trades; the insider has offered to provide a full breakdown of shares bought at each price on request.

Context
This was a straight open-market purchase by a company director. Purchases by insiders can be interpreted as a personal investment in the company, but they do not guarantee future performance. No option exercises, awards, gifts, or 10b5-1 plan references were noted in the provided excerpt.