UiPath (NYSE: PATH) CEO Daniel Dines reports 45,000-share stock sale

Rhea-AI Filing Summary

UiPath CEO and Chairman Daniel Dines reported an open‑market sale of 45,000 shares of Class A Common Stock on 01/12/2026 at an average price of $16.6096 per share. The sale was made under a qualified selling plan adopted pursuant to Rule 10b5-1, which allows pre-arranged trades executed according to preset terms.

Following this transaction, Dines beneficially owns 28,163,585 Class A shares directly and 9,615,297 Class A shares indirectly through Ice Vulcan Holding Limited, an entity over which he retains sole voting and investment power. No derivative securities were reported in this filing.

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)
01/12/2026

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	01/12/2026		S		45,000(1)	D	$16.6096(2)	28,163,585	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 $16.3400 to $16.8400. 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	01/12/2026
	** 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).
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FAQ

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

UiPath reported that CEO and Chairman Daniel Dines sold 45,000 shares of Class A Common Stock on 01/12/2026 in an open-market transaction.

At what price did Daniel Dines sell UiPath (PATH) shares?

The 45,000 UiPath Class A shares were sold at an average price of $16.6096 per share, within a reported price range of $16.3400 to $16.8400.

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

After the sale, Daniel Dines beneficially owns 28,163,585 Class A shares directly and 9,615,297 Class A shares indirectly through Ice Vulcan Holding Limited.

Was the UiPath (PATH) insider sale part of a Rule 10b5-1 trading plan?

Yes. The filing states the 45,000-share sale was made under a qualified selling plan adopted pursuant to Rule 10b5-1 under the Exchange Act.

How are the indirectly held UiPath (PATH) shares structured for Daniel Dines?

The indirectly held shares are owned by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. owns Ice Vulcan, and Daniel Dines is the sole shareholder of IceVulcan, retaining sole voting and investment power over those shares.

Does this UiPath (PATH) Form 4 report any derivative securities?

No. The Form 4 only reports transactions and holdings in non-derivative Class A Common Stock, with no derivative securities listed in Table II.