Universal Technical Institute IncUTI
▼ NegativeCapitalrelevance
CEO sold 21.97% of holdings for $3.9M, signaling insider selling despite personal tax planning explanation.

Universal Technical Institute CEO Jerome Grant sold 94,500 shares on June 29, 2026, for approximately $3.91 million at a weighted average price of $41.40 per share. The sale reduced his direct common stock holdings by 21.97%, leaving him with 335,715 directly held shares. The SEC Form 4 filing indicated the transaction was for personal tax planning purposes, and Grant retains a meaningful equity position. The sale occurred as the stock was surging, reaching a multi-year high of $48.31 on July 2.
Universal Technical Institute IncCEO sold 21.97% of holdings for $3.9M, signaling insider selling despite personal tax planning explanation.