Universal Technical Institute Elects New Directors
Ticker: UTI · Form: 8-K · Filed: Sep 10, 2024 · CIK: 1261654
| Field | Detail |
|---|---|
| Company | Universal Technical Institute Inc (UTI) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, governance
TL;DR
UTI added two new faces to its board, effective Sept 5th.
AI Summary
Universal Technical Institute, Inc. announced on September 5, 2024, a change in its board of directors. Specifically, the company elected two new directors, David R. Johnson and Michael J. Muldowney, to its Board of Directors, effective immediately. This action was taken in accordance with the company's bylaws and applicable law.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing concerns routine board appointments and does not indicate any significant financial or operational risks.
Key Players & Entities
- Universal Technical Institute, Inc. (company) — Registrant
- David R. Johnson (person) — Newly elected director
- Michael J. Muldowney (person) — Newly elected director
- September 5, 2024 (date) — Effective date of director election
FAQ
Who were the newly elected directors for Universal Technical Institute, Inc.?
David R. Johnson and Michael J. Muldowney were elected as new directors.
When did the election of the new directors become effective?
The election of the new directors was effective immediately as of September 5, 2024.
What is the principal executive office address for Universal Technical Institute, Inc.?
The principal executive offices are located at 4225 E. Windrose Drive, Suite 200, Phoenix, Arizona 85032.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This current report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the Standard Industrial Classification code for Universal Technical Institute, Inc.?
The Standard Industrial Classification code is 8200, categorized under SERVICES-EDUCATIONAL SERVICES.
Filing Stats: 925 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2024-09-10 17:13:32
Key Financial Figures
- $0.0001 — b) of the Act: Common Stock, par value $0.0001 per share UTI New York Stock Exchan
Filing Documents
- d820953d8k.htm (8-K) — 28KB
- d820953dex991.htm (EX-99.1) — 5KB
- g820953g0911002311223.jpg (GRAPHIC) — 8KB
- 0001193125-24-216695.txt ( ) — 167KB
- uti-20240905.xsd (EX-101.SCH) — 3KB
- uti-20240905_lab.xml (EX-101.LAB) — 18KB
- uti-20240905_pre.xml (EX-101.PRE) — 11KB
- d820953d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Universal Technical Institute, Inc., dated September 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 10, 2024 Universal Technical Institute, Inc. By: /s/ Christopher Kevane Name: Christopher Kevane Title: Executive Vice President and Chief Legal Officer 3