[144] UiPath, Inc. SEC Filing
A Form 144 filing reveals that UiPath (NYSE: PATH) has reported a proposed sale of 1,000,000 shares of common stock with an aggregate market value of $12.37 million. The sale is to be executed through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of June 20, 2025.
The securities were originally acquired as Founders Shares from the issuer on April 21, 2021. The filing also discloses significant recent trading activity by ICE VULCAN HOLDING LIMITED through a 10b5-1 trading plan, with:
- Regular sales of 45,000 shares per transaction over the past three months
- Total sales of approximately 969,879 shares between May-June 2025
- Sale prices ranging from $11.80 to $13.31 per share
This planned sale represents approximately 0.22% of UiPath's total outstanding shares of 457,586,105.
- The sales are executed through a pre-planned 10b5-1 trading plan, suggesting systematic rather than reactive selling
- Seller still maintains significant holdings as total shares outstanding are 457.6M
- ICE VULCAN HOLDING LIMITED plans to sell 1 million shares worth $12.37M, representing significant insider selling pressure
- Consistent pattern of selling with approximately 869,879 shares sold in past 3 months totaling over $11.3M through 10b5-1 plan