PATH Form 4: Annual RSU Grant Boosts Director’s Stake to 3.16 M
Rhea-AI Filing Summary
UiPath (PATH) Form 4 filing: Director Philippe Botteri received an annual grant of 16,064 Restricted Stock Units (RSUs) on 26 Jun 2025 under the company’s non-employee director compensation policy. Each RSU converts into one Class A share when vested. The award vests on the earlier of the next annual meeting or the first anniversary of the grant date, provided the director remains in service.
The RSUs were issued at a price of $0.00, so no cash changed hands and no open-market transaction occurred. Following the grant, Botteri’s beneficial ownership rises to 3,160,889 Class A shares. No derivative securities or additional transactions were reported. The filing contains no other material corporate developments or financial metrics and is considered routine, with negligible dilution relative to UiPath’s total share count.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU grant to director; minor size; neutral for valuation and sentiment.
This Form 4 documents a standard annual equity award—16,064 RSUs—to non-employee director Philippe Botteri. The award represents roughly 0.005% of UiPath’s ~320 M diluted share count, so dilution is immaterial. Because the grant is compensation-related and cost-free to the insider, it does not signal personal conviction through cash purchase, nor does it alter governance dynamics. Insider ownership rises modestly to 3.16 M shares (approximately 1.0% of shares outstanding), maintaining alignment with shareholders. Overall impact: neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,064 | $0.00 | -- |
Footnotes (1)
- This grant was made pursuant to the issuer's non-employee director compensation policy. Includes 16,064 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting (or the date immediately prior to the next annual meeting, if the non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election), or the first anniversary of the date of grant, in each case subject to the director's continued service through such vesting date. Includes 1,238 shares of Class A common stock acquired by the Reporting Person in a distribution for no consideration on October 9, 2024, in accordance with the exemptions afforded by Rules 16a-9 and 16a-13 of the Securities Exchange Act of 1934, as amended.