STOCK TITAN

UiPath (NYSE: PATH) CPO & CTO granted 159,125 RSUs as 34,214 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UiPath, Inc. CPO & CTO Raghavendra Malpani reported equity compensation-related transactions in Class A Common Stock. On April 1, 2026, he received 159,125 restricted stock units (RSUs) that vest over three years, starting with 16 2/3% after six months, then in equal quarterly installments.

On the same date, the company withheld 25,836 shares tied to performance stock units and 8,378 shares tied to RSUs at $11.10 per share to cover tax obligations. These are tax-withholding dispositions, not open‑market sales. After these transactions, he directly holds 490,749 Class A shares, including the new RSUs.

Positive

  • None.

Negative

  • None.
Insider Malpani Raghavendra
Role CPO & CTO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 8,378 $11.10 $93K
Tax Withholding Class A Common Stock 25,836 $11.10 $287K
Grant/Award Class A Common Stock 159,125 $0.00 --
Holdings After Transaction: Class A Common Stock — 490,749 shares (Direct)
Footnotes (1)
  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). Includes 159,125 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service through each vesting date.
RSU grant 159,125 RSUs Award of Class A Common Stock RSUs on April 1, 2026
Tax withholding from PSUs 25,836 shares at $11.10 Shares withheld to satisfy tax on PSU vesting
Tax withholding from RSUs 8,378 shares at $11.10 Shares withheld to satisfy tax on RSU vesting
Total tax-withheld shares 34,214 shares Combined F-code tax-withholding dispositions reported
Post-transaction holdings 490,749 shares Direct Class A Common Stock holdings after transactions
performance stock units (PSU) financial
"Represents shares withheld by the Issuer to satisfy a tax obligation ... 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 ... upon the vesting and settlement of restricted stock units (RSU)."
RSUs financial
"Includes 159,125 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED 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).
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*
Malpani Raghavendra

(Last)(First)(Middle)
C/O UIPATH, INC., ONE VANDERBILT AVENUE
60TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UiPath, Inc. [ PATH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CPO & CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F8,378(1)D$11.1490,749D
Class A Common Stock04/01/2026F25,836(2)D$11.1464,913D
Class A Common Stock04/01/2026A159,125(3)A$0.00624,038D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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).
2. 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).
3. Includes 159,125 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service through each vesting date.
Remarks:
/s/ Brad Brubaker, Attorney-in-Fact04/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did UiPath (PATH) executive Raghavendra Malpani report?

He reported equity compensation activity, including a grant of 159,125 RSUs and share withholdings for taxes. The company withheld 34,214 shares in total to satisfy tax obligations linked to vesting PSUs and RSUs.

Did UiPath (PATH) CPO & CTO sell shares in the open market?

The filing shows tax-withholding dispositions, not open-market sales. UiPath withheld 25,836 and 8,378 shares at $11.10 per share to cover tax obligations when performance and restricted stock units vested.

How many UiPath (PATH) shares does Raghavendra Malpani hold after these transactions?

After the reported activity, he directly holds 490,749 shares of Class A Common Stock. This figure includes 159,125 RSUs, which represent contingent rights to receive shares as they vest over a three-year schedule.

What are the terms of the 159,125 RSUs granted to UiPath (PATH) executive Raghavendra Malpani?

He received 159,125 RSUs, each representing a right to one Class A share upon settlement. The RSUs vest over three years: 16 2/3% after six months, then 8 1/3% in equal quarterly installments, subject to continuous service.

Why did UiPath (PATH) withhold 34,214 shares from Raghavendra Malpani?

UiPath withheld 34,214 shares to satisfy tax obligations triggered by vesting awards. Specifically, 25,836 shares related to performance stock units and 8,378 shares related to RSU vesting, as described in the filing footnotes.