UiPath (NYSE: PATH) CEO Daniel Dines files Form 4 share sale

Rhea-AI Filing Summary

UiPath, Inc. insider Daniel Dines, the CEO, Chairman and a 10% owner, reported selling 45,000 shares of Class A Common Stock on January 13, 2026 in an open-market transaction at an average price of $17.1824 per share. The sale was made under a qualified selling plan adopted pursuant to Rule 10b5-1, which is designed to allow pre-arranged trading.

After this transaction, Dines beneficially owns 28,118,585 Class A shares directly and an additional 9,615,297 Class A shares indirectly through Ice Vulcan Holding Limited. According to the disclosure, IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Dines is the sole shareholder of IceVulcan Investments Ltd., retaining sole voting and investment power over these shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dines Daniel

(Last) (First) (Middle)

C/O UIPATH, INC., ONE VANDERBILT AVENUE

60TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UiPath, Inc. [ PATH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Commmon Stock	01/13/2026		S		45,000(1)	D	$17.1824(2)	28,118,585	D
Class A Common Stock								9,615,297	I	See Footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.

2. The range of prices for the transactions reported was from $16.9700 to $17.4800. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.

3. The shares are held by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to the shares of Class A Common Stock and Class B Common Stock held by Ice Vulcan Holding Limited.

Remarks:

	/s/ Brad Brubaker, Attorney-in-Fact	01/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did UiPath (PATH) report for Daniel Dines?

UiPath reported that Daniel Dines, its CEO, Chairman and a 10% owner, sold 45,000 shares of Class A Common Stock on January 13, 2026 in an open-market sale coded as "S" for a sale transaction.

At what price did Daniel Dines sell UiPath (PATH) shares in this Form 4?

The reported sale was at an average price of $17.1824 per share, with a disclosed trading range from $16.9700 to $17.4800. Full breakdown by price level is available upon request to the company or Commission staff.

Was the UiPath (PATH) insider sale by Daniel Dines under a Rule 10b5-1 plan?

Yes. The filing states that the 45,000-share sale was made in compliance with a qualified selling plan adopted by Daniel Dines pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.

How many UiPath (PATH) shares does Daniel Dines own after this transaction?

Following the reported sale, Daniel Dines beneficially owns 28,118,585 Class A shares directly. In addition, he has 9,615,297 Class A shares indirectly through Ice Vulcan Holding Limited.

What is Ice Vulcan Holding Limited in relation to UiPath (PATH) shares?

Ice Vulcan Holding Limited holds a portion of the UiPath Class A and Class B shares attributed to Daniel Dines. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Dines is the sole shareholder of IceVulcan Investments Ltd., retaining sole voting and investment power over those shares.

Is the reported indirect ownership of UiPath (PATH) shares by Daniel Dines discretionary?

The filing explains that the indirectly held 9,615,297 Class A shares are owned through Ice Vulcan Holding Limited, ultimately controlled by entities wholly owned by Daniel Dines, who retains sole voting and investment power over those shares.