UiPath legal chief awarded 145,985 PATH shares
UiPath, Inc. reported that its GC & Chief Legal Officer, Brad Brubaker, acquired 145,985 shares of Class A common stock through a stock award.
Rhea-AI Filing Summary
UiPath, Inc. reported that its GC & Chief Legal Officer, Brad Brubaker, acquired 145,985 shares of Class A common stock through a stock award. These shares relate to performance-based restricted stock units granted on March 14, 2025, which were earned after performance criteria were met.
According to the award terms, the earned units will vest over three years, with 33.33% vesting on April 1, 2026 and the remainder vesting in quarterly installments through April 1, 2028, as long as he remains in continuous service. After this award, he holds 747,634 shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 145,985 | $0.00 | $0.00 |
Footnotes (1)
- F1. On March 14, 2025, the Reporting Person was granted restricted stock units, the vesting of which was subject to both performance-based and service-based criteria ("PSUs"). The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria. The earned PSUs will vest over 3 years with 33.33% of the shares vesting on April 1, 2026, and 1/12 of the shares vesting quarterly thereafter through April 1, 2028, in each case subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) as of each applicable vesting date.
FAQ
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What did UiPath (PATH) report in Brad Brubaker’s latest Form 4?
What type of equity award did UiPath (PATH) grant to Brad Brubaker?
What is the vesting schedule for Brad Brubaker’s UiPath (PATH) PSUs?
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