UiPath (NYSE: PATH) legal chief reports 22,019 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UiPath, Inc. GC & Chief Legal Officer Brad Brubaker reported routine share dispositions to cover taxes on equity awards. On July 1, 2026, a total of 22,019 shares of Class A Common Stock were withheld at $10.87 per share to satisfy tax obligations upon vesting and settlement of performance stock units and restricted stock units.
These tax-withholding dispositions are not open-market sales and reflect automatic share reductions tied to equity compensation. A footnote also notes a separate June 10, 2026 purchase of 1,367 shares through the UiPath Employee Stock Purchase Plan at $9.14 per share. Following the reported transactions, Brubaker directly holds 843,347 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brubaker Brad
Role
GC & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,211 | $10.87 | $68K |
| Tax Withholding | Class A Common Stock | 15,808 | $10.87 | $172K |
Holdings After Transaction:
Class A Common Stock — 843,347 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). Reflects the June 10, 2026 purchase of 1,367 shares through the UiPath Employee Stock Purchase Plan at a price of $9.14 (reflecting the plan discount).
Key Figures
Tax-withheld shares: 22,019 shares
Withholding share value: $10.87 per share
Direct holdings after transactions: 843,347 shares
+2 more
5 metrics
Tax-withheld shares
22,019 shares
Shares withheld for PSU and RSU tax obligations on July 1, 2026
Withholding share value
$10.87 per share
Value used for July 1, 2026 tax-withholding dispositions
Direct holdings after transactions
843,347 shares
Class A Common Stock held directly after reported Form 4 entries
ESPP purchase shares
1,367 shares
Purchased through UiPath Employee Stock Purchase Plan on June 10, 2026
ESPP purchase price
$9.14 per share
Price reflecting Employee Stock Purchase Plan discount on June 10, 2026
Key Terms
performance stock units (PSU), restricted stock units (RSU), UiPath Employee Stock Purchase Plan, tax-withholding disposition
4 terms
performance stock units (PSU) financial
"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)."
restricted stock units (RSU) financial
"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)."
UiPath Employee Stock Purchase Plan financial
"Reflects the June 10, 2026 purchase of 1,367 shares through the UiPath Employee Stock Purchase Plan at a price of $9.14 (reflecting the plan discount)."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for Form 4 code F entries."
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.
FAQ
What insider transactions did UiPath (PATH) report for Brad Brubaker?
UiPath reported that Brad Brubaker had 22,019 shares withheld to cover tax obligations on vested PSUs and RSUs. These are Form 4 code F tax-withholding dispositions, not open-market share sales, and result from equity compensation vesting mechanics.
What do the PSUs and RSUs mentioned in the UiPath (PATH) Form 4 represent?
The Form 4 explains that the withheld shares related to the vesting and settlement of performance stock units and restricted stock units. When these awards vest, some shares are automatically retained by the issuer to cover the holder’s income tax obligations.