4Filed Aug 11, 8:00 PM ET
UTI Director Robert Devincenzi Buys 8,000 Shares
$UTI · UNIVERSAL TECHNICAL INSTITUTE INCResearch Summary
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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.