Universal Technical Institute (UTI) Director Robert DeVincenzi Buys 1,000 Shares

What Happened Robert Thomas DeVincenzi, a director of Universal Technical Institute, purchased 1,000 shares of UTI common stock in an open-market transaction on September 21, 2026. The reported weighted-average price was $19.83 per share, for a total transaction value of approximately $19,833. This was a purchase (acquisition) rather than a sale.

Key Details

• Transaction date: 2026-09-21 (reported on Form 4 filed 2026-09-23). Filing appears timely (Form 4 is due within two business days).
• Price: weighted average $19.83; actual trade prices ranged from $19.83 to $19.8366 (see footnote).
• Shares acquired: 1,000 shares; total paid ≈ $19,833.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnote: The price shown is a weighted average; the reporting person may provide a breakdown of the number of shares bought at each price upon request to the issuer or SEC staff.

Context This was a straightforward open-market purchase by a company director. Purchases by insiders can be interpreted by some investors as a positive signal, but they do not, by themselves, explain the insider’s motivation. No option exercises, awards, gifts, or tax-withholding transactions are involved in this filing.