Universal Technical Institute Files Definitive Proxy Statement
Ticker: UTI · Form: DEF 14A · Filed: Jan 15, 2025 · CIK: 1261654
| Field | Detail |
|---|---|
| Company | Universal Technical Institute Inc (UTI) |
| Form Type | DEF 14A |
| Filed Date | Jan 15, 2025 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $732.7 million, $42 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, regulatory-filing
TL;DR
UTI filed its proxy statement for the shareholder meeting. Get ready to vote.
AI Summary
Universal Technical Institute, Inc. filed a Definitive Proxy Statement (DEF 14A) on January 15, 2025, for its fiscal year ending September 30, 2024. The filing, which does not require a fee, concerns the solicitation of proxies for its upcoming shareholder meeting. The company is based in Phoenix, Arizona, and operates in the educational services sector.
Why It Matters
This filing is crucial for shareholders as it outlines the agenda for the company's annual meeting, including any proposals to be voted on, and provides information on executive compensation and director nominations.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material information that would inherently increase risk.
Key Players & Entities
- UNIVERSAL TECHNICAL INSTITUTE INC (company) — Registrant
- 0001261654 (company) — Central Index Key
- 8200 (company) — Standard Industrial Classification
- 860226984 (company) — IRS Number
- DE (company) — State of Incorporation
- 0930 (company) — Fiscal Year End
- 001-31923 (company) — SEC File Number
- 25532947 (company) — Film Number
- 4225 EAST WINDROSE DRIVE (company) — Business Address Street 1
- SUITE 200 (company) — Business Address Street 2
FAQ
What type of filing is this?
This is a Definitive Proxy Statement (DEF 14A) filed by Universal Technical Institute, Inc.
When was this filing submitted?
The filing was submitted on January 15, 2025.
What is the fiscal year end for Universal Technical Institute, Inc.?
The fiscal year end is September 30.
Where is Universal Technical Institute, Inc. headquartered?
The company's business address is in Phoenix, Arizona.
Is there a filing fee associated with this document?
No fee is required for this filing.
Filing Stats: 4,506 words · 18 min read · ~15 pages · Grade level 12 · Accepted 2025-01-15 16:05:42
Key Financial Figures
- $732.7 million — 024 KEY METRICS Full Year Revenue of $732.7 million in 2024, an increase of 21% compared
- $42 m — rior year. Full Year Net Income was $42 million, an increase of 241% over the
Filing Documents
- ny20040394x1_def14a.htm (DEF 14A) — 1418KB
- logo_uti25.jpg (GRAPHIC) — 53KB
- ny20040394x1_arrow.jpg (GRAPHIC) — 6KB
- ny20040394x1_bcv.jpg (GRAPHIC) — 1361KB
- ny20040394x1_bcv1.jpg (GRAPHIC) — 746KB
- ny20040394x1_csshackelton.jpg (GRAPHIC) — 53KB
- ny20040394x1_frontcov.jpg (GRAPHIC) — 1646KB
- ny20040394x1_gwbrochick.jpg (GRAPHIC) — 53KB
- ny20040394x1_jagrant.jpg (GRAPHIC) — 53KB
- ny20040394x1_krtrammell.jpg (GRAPHIC) — 53KB
- ny20040394x1_ljsrere.jpg (GRAPHIC) — 59KB
- ny20040394x1_llsanchez.jpg (GRAPHIC) — 53KB
- ny20040394x1_maslubowski.jpg (GRAPHIC) — 55KB
- ny20040394x1_pc01.jpg (GRAPHIC) — 592KB
- ny20040394x1_pc02.jpg (GRAPHIC) — 735KB
- ny20040394x1_piechart01x1.jpg (GRAPHIC) — 151KB
- ny20040394x1_pvp01.jpg (GRAPHIC) — 236KB
- ny20040394x1_pvp02.jpg (GRAPHIC) — 192KB
- ny20040394x1_pvp03.jpg (GRAPHIC) — 173KB
- ny20040394x1_rtdevincenx1.jpg (GRAPHIC) — 56KB
- ny20040394x1_rtdevincenzi.jpg (GRAPHIC) — 56KB
- ny20040394x1_skills.jpg (GRAPHIC) — 281KB
- ny20040394x1_sokinaka.jpg (GRAPHIC) — 54KB
- ny20040394x1_wjlennoxjr.jpg (GRAPHIC) — 53KB
- ny20040394x1_year.jpg (GRAPHIC) — 173KB
- sig_jagrant.jpg (GRAPHIC) — 17KB
- sig_jagrant1.jpg (GRAPHIC) — 14KB
- sig_rjdevincenzi.jpg (GRAPHIC) — 22KB
- 0001140361-25-001170.txt ( ) — 20669KB
- uti-20250306.xsd (EX-101.SCH) — 3KB
- uti-20250306_def.xml (EX-101.DEF) — 2KB
- ny20040394x1_def14a_htm.xml (XML) — 129KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 46
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 58 DELINQUENT SECTION 16(a) REPORTS 60 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 61 QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND VOTING INFORMATION 63 SUBMISSION OF STOCKHOLDER PROPOSALS FOR 2026 ANNUAL MEETING 70 OTHER MATTERS 71 ANNUAL REPORT 72 NO INCORPORATION BY REFERENCE 73 i TABLE OF CONTENTS NOTICE OF ANNUAL MEETING OF STOCKHOLDERS UNIVERSAL TECHNICAL INSTITUTE, INC. 4225 E. WINDROSE DRIVE SUITE 200 PHOENIX, ARIZONA 85032 (623) 445-9500 Date & Time Thursday, March 6, 2025 9:30 a.m. Eastern Standard time Virtual Meeting Location www.virtualshareholdermeeting.com/UTI2025 and entering the 16-digit control number Record Date Close of Business January 8, 2025 To the stockholders of Universal Technical Institute, Inc.: The 2025 Annual Meeting of Stockholders ("Annual Meeting") of Universal Technical Institute, Inc. (the "Company," "UTI," "we," "us" or "our") will be held on Thursday, March 6, 2025 at 9:30 a.m. Eastern Standard time. The Annual Meeting will be a completely "virtual" meeting of stockholders and you will be able to attend the Annual Meeting by visiting www.virtualshareholdermeeting.com/UTI2025 and entering the 16-digit control number included in your Notice of Internet Availability of Proxy Materials, on your proxy card or in the instructions that accompanied your proxy materials. The items of business at the Annual Meeting are set forth below: 1. To elect four (4) Class III directors to our Board of Directors to serve for a term of three (3) years or until their respective successors are duly elected and qualified. 2. To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending September 30, 2025. 3. To approve, on an advisory basis, the compensation of the Company's Named Executive Officers (" NEOs "). Only stockholders of reco