Universal Technical Institute's CEO Sold Company Shares Worth $3.9 Million. Here's a Closer Look at the Transaction.

Universal Technical Institute’s CEO sale highlights CEO equity reductions tied to SEC reporting. On June 29, 2026, Jerome Alan Grant, chief executive officer of UTI, reported selling 94,500 shares of directly held common stock for about $3.91 million, disclosed in an SEC Form 4. The transaction used a weighted average price of $41.40, and the post-transaction value was referenced against the June 29 market close. The filing indicated the sale cut his direct holdings by 21.97% to 335,715 shares, about 0.61% of the company. The article notes this was Grant’s largest single-period open-market sale in the past year, averaging roughly 69,758 shares in other sell-only events, and that it reflected a shrinking share base. After the sale, Grant retained direct exposure with no indirect or derivative securities reported. Shares later reached a multi-year high of $48.31 on July 2.