UiPath (PATH) CAO has 8,980 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UiPath, Inc. Chief Accounting Officer Hitesh Ramani reported routine share dispositions tied to equity compensation vesting. A total of 8,980 shares of Class A Common Stock were withheld by the company at $10.87 per share to cover tax obligations from vesting performance stock units and restricted stock units. Following these tax-withholding events, Ramani directly owns 292,709 Class A shares, so the filing reflects compensation-related administration rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ramani Hitesh
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,323 | $10.87 | $14K |
| Tax Withholding | Class A Common Stock | 7,657 | $10.87 | $83K |
Holdings After Transaction:
Class A Common Stock — 292,709 shares (Direct, null)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of performance stock units (PSU). Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSU).
Key Figures
Tax-withheld shares total: 8,980 shares
First tax-withholding lot: 7,657 shares
Second tax-withholding lot: 1,323 shares
+2 more
5 metrics
Tax-withheld shares total
8,980 shares
Shares withheld to satisfy tax obligations on vesting awards
First tax-withholding lot
7,657 shares
Class A Common Stock withheld at $10.87 per share
Second tax-withholding lot
1,323 shares
Class A Common Stock withheld at $10.87 per share
Withholding price
$10.87 per share
Value used for tax-withholding dispositions
Shares owned after transactions
292,709 shares
Class A Common Stock directly owned by Hitesh Ramani
Key Terms
performance stock units (PSU), restricted stock units (RSU), tax-withholding disposition, Class A Common Stock
4 terms
performance stock units (PSU) financial
"vesting and settlement of performance stock units (PSU)."
restricted stock units (RSU) financial
"vesting and settlement of restricted stock units (RSU)."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did UiPath (PATH) CAO Hitesh Ramani report?
UiPath CAO Hitesh Ramani reported share dispositions for tax withholding, not an open-market trade. The company withheld shares from vesting performance and restricted stock units to satisfy tax obligations, a common administrative step for equity compensation.