4Filed Aug 13, 8:00 PM ET
Universal Technical Institute Director Robert T. Devinccenzi Buys 1,000 Shares
$UTI · UNIVERSAL TECHNICAL INSTITUTE INCResearch Summary
AI-generated summary of this SEC filing
Universal Technical Institute Director Robert T. Devinccenzi Buys 1,000 Shares
What Happened
Robert Thomas Devinccenzi, a director of Universal Technical Institute, purchased 1,000 shares of UTI common stock in open-market transactions on August 12, 2026. The reported weighted-average price was $25.95 per share, for a total transaction value of approximately $25,945. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: August 12, 2026 (filed with the SEC on August 14, 2026). Filing appears timely for a Form 4 (generally due within two business days).
- Transaction type/code: Open-market purchase (P).
- Shares bought: 1,000; weighted-average price reported: $25.95/share; total value ≈ $25,945.
- Price range/footnote: The filing notes the $25.95 is a weighted average; the shares were bought in multiple trades at prices from $25.91 to $25.98. The reporting person will provide the per-trade breakdown to the issuer or SEC staff upon request.
- Shares owned after the transaction: Not specified in the provided filing details.
Context
Purchases by directors can be read by investors as a positive signal, but filings do not explain the insider’s motivation. This report simply documents an open-market acquisition by a board member; no options were exercised, no awards or gifts were involved, and no late-filing flags were indicated in the provided data.