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An update from Universal Technical Institute (UTI) is now available.
Universal Technical Institute, Inc. stockholders have given their green light to the Amended and Restated 2021 Equity Incentive Plan, designed to incentivize employees and align their interests with those of shareholders. This updated plan, which also discontinues the previous plan, introduces new shares for potential issuance and allows for reissuance of shares from expired or forfeited awards. Additionally, the Annual Meeting saw the election of three Class II Directors, the ratification of Deloitte & Touche LLP as the independent auditor, and the approval of executive compensation. David A. Blaszkiewicz also stepped down from the Board, with Michael A. Slubowski taking over as Chairperson of the Compensation Committee.
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