2 unchanged sentences
Our common stock is listed on the NYSE under the symbol “UTI.”
−Removed: The closing price of our common stock as reported by the NYSE on December 3, 2024 was $24.17 per share.
−Removed: As of December 3, 2024, there were 18 holders of record of our common stock.
+Added: The closing price of our common stock as reported by the NYSE on November 21, 2025 was $22.66 per share.
+Added: As of November 21, 2025, there were 12 holders of record of our common stock.
On June 9, 2016, our board of directors voted to eliminate the quarterly cash dividend on our common stock.
Any future common stock dividends require the approval from our board of directors.
−Removed: Pursuant to the Certificate of Designations of the Series A Preferred Stock, we paid preferred stock cash dividends of $1.1 million during the year ended September 30, 2024.
−Removed: As of September 30, 2024, no shares of the Series A Preferred Stock remained outstanding and all rights of the holders to receive future dividends have been terminated due to the combination of the repurchase and conversion of all outstanding preferred shares as of December 18, 2023.
−Removed: See Note 18 of the notes to our Consolidated Financial Statements within Part II, Item 8 of this Annual Report on Form 10-K for further information on the preferred share conversion.
We continuously evaluate our cash position in light of growth opportunities, operating results and general market conditions.
10 unchanged sentences
CRSP Total Returns Index for:
−Removed: 09/2019 09/2020 09/2021 09/2022 09/2023 09/2024
Universal Technical Institute, Inc.
1 unchanged sentence
Russell 2000 100.00 147.68 112.98 123.07 156.00 172.78
−Removed: Peer Group 100.00 73.31 74.91 66.08 84.31 125.25
+Added: New Peer Group (1)
+Added: 100.00 102.18 90.14 115.01 170.86 283.47
+Added: Old Peer Group (1)
+Added: 100.00 102.18 90.14 115.01 170.86 282.93
Companies in the Self-Determined Peer Group:
Adtalem Global Education, Inc.
−Removed: Perdoceo Education Corporation
+Added: Legacy Education, Inc.
American Public Education, Inc.
−Removed: Strategic Education, Inc.
−Removed: Lincoln Educational Services Corporation
+Added: Perdoceo Education Corporation
+Added: Lincoln Educational Services Corporation Strategic Education, Inc.
+Added: (1) During 2025, we added Legacy Education, Inc., who first publicly listed its securities on the NYSE on September 26, 2024, to our peer group.
+Added: This addition is the only difference between our New Peer Group and the Old Peer Group.
• The lines represent monthly index levels derived from compounded daily returns that include all dividends.
6 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.