{"schema_version":"secwatch.filing_event.v1","accession":"0001261654-23-000149","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2023-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.480553+00:00","generated_at":"2026-06-07T10:21:04.040202+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"UTI repurchases $10.78M Series A preferred, converts all shares; appoints Chris Shackelton director","bullets":["Repurchased 33,300 Series A Preferred shares from Coliseum affiliates for $10.78M in cash.","Converted all outstanding Series A Preferred into Common Stock, increasing shares outstanding by 19.3M effective Dec 18, 2023.","Chris Shackelton, Coliseum co-founder, appointed as Class III director as part of the transaction.","Purchase price based on Dec 18 VWAP; adjustment possible if VWAP Dec 19-22 exceeds initial VWAP up to $13.00.","Pricing committee of independent directors approved the repurchase; funded with cash on hand."],"urls":{"canonical":"https://secwatch.observer/filing/0001261654-23-000149","json":"https://secwatch.observer/filing/0001261654-23-000149.json","markdown":"https://secwatch.observer/filing/0001261654-23-000149.md","text":"https://secwatch.observer/filing/0001261654-23-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000149/0001261654-23-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000149/uti-20231218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:21:04.040202+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c7127722b5","claim":"Christopher Shackelton was appointed as Class III director at UNIVERSAL TECHNICAL INSTITUTE INC.","evidence_excerpt":"the Board appointed Mr. Shackelton as a Class III director of the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000149/0001261654-23-000149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class III director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}