PATH insider sales: CEO Daniel Dines executes 10b5‑1 trades

Rhea-AI Filing Summary

UiPath (PATH) CEO and Chairman Daniel Dines reported open‑market sales under a Rule 10b5‑1 plan. He sold 122,734 Class A shares on 10/13/2025 at an average price of $17.0604 (price range $16.8700–$17.2900) and 122,734 shares on 10/14/2025 at an average price of $16.3347 (range $16.0700–$16.8100).

Following these transactions, reported holdings include 245,468 Class A shares held indirectly via Ice Vulcan Holding Limited, 29,918,585 Class A shares held directly, and 240,000 Class A shares held indirectly by spouse.

Insider Trade Summary

Net Seller: 245,468 shares ($4,098,714)

Net Sell 4 txns

Insider Dines Daniel

Role CEO and Chairman

Sold 245,468 shs ($4.10M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	122,734	$16.3347	$2.00M
Sale	Class A Common Stock	122,734	$17.0604	$2.09M
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 245,468 shares (Indirect, See Footnote); Class A Common Stock — 29,918,585 shares (Direct)

Footnotes (1)

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. The range of prices for the transactions reported was from $16.8700 to $17.2900. 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. 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. The range of prices for the transactions reported was from $16.0700 to $16.8100. 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.

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

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)
10/13/2025

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 Common Stock	10/13/2025		S		122,734(1)	D	$17.0604(2)	368,202	I	See Footnote(3)
Class A Common Stock	10/14/2025		S		122,734(1)	D	$16.3347(4)	245,468	I	See Footnote(3)
Class A Common Stock								29,918,585	D
Class A Common Stock								240,000	I	by Spouse

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 $16.8700 to $17.2900. 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.

4. The range of prices for the transactions reported was from $16.0700 to $16.8100. 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.

Remarks:

	/s/ Brad Brubaker, Attorney-in-Fact	10/14/2025
	** 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

How many UiPath (PATH) shares did the CEO sell?

Daniel Dines sold 122,734 Class A shares on 10/13/2025 and 122,734 on 10/14/2025 under a Rule 10b5‑1 plan.

At what prices were the PATH shares sold?

The 10/13/2025 sale averaged $17.0604 with a range of $16.8700–$17.2900; the 10/14/2025 sale averaged $16.3347 with a range of $16.0700–$16.8100.

Was the sale pre‑planned under Rule 10b5‑1?

Yes. The filing states the sales were made pursuant to a Rule 10b5‑1 qualified selling plan.

What are Daniel Dines’s holdings after the transactions?

Reported holdings include 245,468 Class A shares indirectly via Ice Vulcan Holding Limited, 29,918,585 Class A shares directly, and 240,000 Class A shares indirectly by spouse.

How are the indirect holdings structured?

The filing notes shares held by Ice Vulcan Holding Limited; Mr. Dines has sole voting and investment power through its ownership chain.

What roles does the reporting person hold at UiPath (PATH)?

He is listed as Director, 10% Owner, and Officer (CEO and Chairman).