STOCK TITAN

[Form 4] UiPath, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

UiPath insider sale and holdings update. The Form 4 filed for UiPath, Inc. (PATH) shows reporting person Daniel Dines, identified as CEO and Chairman and a 10% owner, reported transactions dated 09/26/2025. The filing discloses a sale of 122,733 shares of Class A common stock at prices ranging from $11.96 to $12.17, with a reported weighted price of $12.0815. After the reported transactions, the amount of securities beneficially owned is reported as 1,718,269 shares indirectly.

The filing also lists a disposition line for 29,918,585 shares of Class A common stock and notes an indirect holding of 240,000 shares by spouse. Footnotes state the sold shares were sold under a Rule 10b5-1 selling plan and that the shares are held through Ice Vulcan entities, with Mr. Dines retaining sole voting and investment power over those holdings.

Vendita da insider di UiPath e aggiornamento sulle partecipazioni. Il modulo 4 depositato per UiPath, Inc. (PATH) mostra la persona di segnalazione Daniel Dines, identificato come Amministratore Delegato e Presidente e possessore del 10%, con transazioni riportate redatte al 26/09/2025. La dichiarazione indica una vendita di 122.733 azioni ordinarie di Classe A a prezzi che variano da $11,96 a $12,17, con un prezzo medio riportato di $12,0815. Dopo le transazioni riportate, l'ammontare di titoli di proprietà indiretta è riportato come 1.718.269 azioni.

La dichiarazione elenca anche una linea di disposizione per 29.918.585 azioni di Classe A ordinarie e annota una partecipazione indiretta di 240.000 azioni da parte del coniuge. Le note a piè di pagina affermano che le azioni vendute sono state vendute nell'ambito di un piano di vendita Rule 10b5-1 e che le azioni sono detenute tramite entità Ice Vulcan, con il signor Dines che mantiene il potere di voto e di investimento esclusivo su tali partecipazioni.

Actualización de venta interna de UiPath y participaciones. El Formulario 4 presentado para UiPath, Inc. (PATH) muestra a la persona informante Daniel Dines, identificado como CEO y Presidente y titular del 10%, con transacciones reportadas con fecha 26/09/2025. El informe divulga una venta de 122,733 acciones de clase A a precios que oscilan entre $11.96 a $12.17, con un precio ponderado reportado de $12.0815. Después de las transacciones reportadas, el número de valores de propiedad beneficiosa es reportado como 1,718,269 acciones de manera indirecta.

El informe también enumera una línea de disposición por 29,918,585 acciones de Clase A y señala una participación indirecta de 240,000 acciones por parte del cónyuge. Las notas al pie indican que las acciones vendidas se vendieron bajo un plan de venta Rule 10b5-1 y que las acciones se mantienen a través de entidades Ice Vulcan, con el señor Dines conservando el poder de voto y de inversión exclusivo sobre esas participaciones.

UiPath 내부자 매도 및 보유 업데이트. UiPath, Inc. (PATH) 를 위한 Form 4 양식에는 보고자 Daniel Dines가 CEO 겸 회장 및 10% 소유자로 확인되었으며, 2025-09-26의 거래가 보고되어 있습니다. 해당 서류는 클래스 A 보통주 122,733주를 $11.96에서 $12.17 사이의 가격으로 매도했으며, 보고된 가중평균가격은 $12.0815 입니다. 보고된 거래 후, 실질적으로 보유한 증권 수는 1,718,269주로 간접 보유로 보고됩니다.

또한 파일에는 29,918,585 주의 클래스 A 보통주 처분행이 목록으로 나와 있으며, 배우자에 의한 간접 보유가 240,000 주로 기록되어 있습니다. 각주에는 매도 주식이 Rule 10b5-1 매매 계획에 따라 매도되었으며, 해당 주식은 Ice Vulcan 법인을 통해 보유되고 있으며, Dines 씨가 해당 보유에 대한 단독 의결권 및 투자 결정권을 보유하고 있다고 명시되어 있습니다.

Vente interne UiPath et mise à jour des participations. Le Formulaire 4 déposé pour UiPath, Inc. (PATH) montre la personne déclarante Daniel Dines, identifié comme PDG et Président et propriétaire de 10%, avec des transactions déclarées datées du 26/09/2025. Le dépôt divulgue une vente de 122 733 actions ordinaires de classe A à des prix allant de $11,96 à $12,17, avec un prix moyen pondéré rapporté de $12,0815. Après les transactions rapportées, le nombre de titres détenus de manière bénéficiaire est indiqué comme 1 718 269 actions indirectement.

Le dépôt répertorie également une ligne de disposition pour 29 918 585 actions de classe A et note une participation indirecte de 240 000 actions par le conjoint. Les notes de bas de page indiquent que les actions vendues ont été vendues dans le cadre d’un plan de vente Rule 10b5-1 et que les actions sont détenues par le biais d’entités Ice Vulcan, avec M. Dines conservant le pouvoir de vote et le pouvoir d’investissement exclusifs sur ces participations.

UiPath Insider-Verkauf und Halteaktualisierung. Das für UiPath, Inc. (PATH) eingereichte Formular 4 zeigt die berichtende Person Daniel Dines, identifiziert als CEO und Vorsitzender sowie als 10%-Eigentümer, mit Transaktionen am 26.09.2025. Die Einreichung offenbart den Verkauf von 122.733 Aktien der Klasse A zu Preisen zwischen $11,96 und $12,17, mit einem berichteten gewogenen Preis von $12,0815. Nach den berichteten Transaktionen wird der Betrag der wirtschaftlich berechtigten Wertpapiere indirekt als 1,718,269 Aktien angegeben.

Die Einreichung listet außerdem eine Dispositionszeile für 29,918,585 Aktien der Klasse A und vermerkt eine indirekte Beteiligung von 240,000 Aktien durch den Ehepartner. Fußnoten geben an, dass die verkauften Aktien im Rahmen eines Rule 10b5-1-Verkaufsplans verkauft wurden und dass die Aktien über Ice Vulcan-Gesellschaften gehalten werden, wobei Herr Dines die alleinige Stimm- und Investitionsmacht über diese Beteiligungen behält.

بيع داخلي UiPath وتحديث الحيازات. يُظهر النموذج 4 المقدم لشركة UiPath, Inc. (PATH) الشخص المبلغ Daniel Dines، المشار إليه كمدير تنفيذي ورئيس ومُلاك بنسبة 10%، معاملات مُبلغ عنها بتاريخ 2025/09/26. تُفصح الوثيقة عن بيع 122,733 سهماً من فئة A العادية بأسعار تتراوح من $11.96 إلى $12.17، مع سعر متوسط مُبلغ عنه قدره $12.0815. بعد المعاملات المبلغ عنها، يُبلغ عن عدد الأوراق المالية المملوكة بشكل مفيد بشكل غير مباشر وهو 1,718,269 سهماً.

كما تسرد الوثيقة سطر تسييل لــ 29,918,585 سهماً من فئة A العادية وتذكر حيازة غير مباشرة لـ 240,000 سهماً من قبل الزوج. تشير الحواشي إلى أن الأسهم التي بيعَت تم بيعها بموجب خطة بيع Rule 10b5-1 وأن الأسهم مملوكة من خلال كيانات Ice Vulcan، مع احتفاظ السيد Dines بالسلطة الحصرية للتصويت والاستثمار على تلك الحيازات.

UiPath 内幕交易与持股更新。 针对 UiPath, Inc. (PATH) 提交的 Form 4 显示报告人 Daniel Dines,被识别为 CEO 和董事长且持有 10%,交易日期为 2025-09-26。此申报披露以 $11.96 至 $12.17 的价格区间出售了 122,733 股 A 类普通股,报告的加权价为 $12.0815。在上述交易之后,间接持有的有益证券数量被报告为 1,718,269 股

申报中还列出了一条处置行,涉及 29,918,585 股 A 类普通股,并指出配偶间接持有 240,000 股。脚注指出出售的股票是在 Rule 10b5-1 销售计划下出售的,股票通过 Ice Vulcan 实体持有,Dines 先生对这些持股保留单独的投票权和投资权。

Positive
  • Sale executed under a Rule 10b5-1 plan, which indicates pre-established trading and reduces concerns about opportunistic timing
  • Reporting person retains sole voting and investment power over shares held by Ice Vulcan entities, preserving control
Negative
  • Reported disposition of 29,918,585 Class A shares is listed on the form without explanatory detail in the main table
  • Sale of 122,733 shares by the CEO and Chairman represents a material insider sale disclosed to the market

Insights

TL;DR: CEO sold shares under a 10b5-1 plan but retains indirect control through Ice Vulcan entities.

The filing documents a Rule 10b5-1 compliant sale of 122,733 Class A shares at prices between $11.96 and $12.17. The disclosure that substantial shares are held through Ice Vulcan Holding Limited and that Mr. Dines retains sole voting and investment power is material for governance and control analysis because it confirms continued centralized voting authority despite the sales. The listed disposition of 29,918,585 shares on the form should be evaluated in context with the footnotes and underlying ownership structure; the report is factual but terse on whether that line reflects a separate sale, reclassification, or reporting aggregation.

TL;DR: Insider sale executed via 10b5-1; remaining indirect ownership and voting control disclosed.

The sale of 122,733 shares at roughly $12.08 reduces directly reported holdings, while the filing continues to show significant indirect ownership totaling 1,718,269 shares and references to much larger positions held through affiliated entities. For investors, the key facts are the transaction size, the execution under a pre-established trading plan, and the disclosure that Mr. Dines retains sole voting and investment power over shares held by Ice Vulcan entities. The filing lacks granular breakdown by price for each tranche, though the filer offers to provide that detail to the Commission staff upon request.

Vendita da insider di UiPath e aggiornamento sulle partecipazioni. Il modulo 4 depositato per UiPath, Inc. (PATH) mostra la persona di segnalazione Daniel Dines, identificato come Amministratore Delegato e Presidente e possessore del 10%, con transazioni riportate redatte al 26/09/2025. La dichiarazione indica una vendita di 122.733 azioni ordinarie di Classe A a prezzi che variano da $11,96 a $12,17, con un prezzo medio riportato di $12,0815. Dopo le transazioni riportate, l'ammontare di titoli di proprietà indiretta è riportato come 1.718.269 azioni.

La dichiarazione elenca anche una linea di disposizione per 29.918.585 azioni di Classe A ordinarie e annota una partecipazione indiretta di 240.000 azioni da parte del coniuge. Le note a piè di pagina affermano che le azioni vendute sono state vendute nell'ambito di un piano di vendita Rule 10b5-1 e che le azioni sono detenute tramite entità Ice Vulcan, con il signor Dines che mantiene il potere di voto e di investimento esclusivo su tali partecipazioni.

Actualización de venta interna de UiPath y participaciones. El Formulario 4 presentado para UiPath, Inc. (PATH) muestra a la persona informante Daniel Dines, identificado como CEO y Presidente y titular del 10%, con transacciones reportadas con fecha 26/09/2025. El informe divulga una venta de 122,733 acciones de clase A a precios que oscilan entre $11.96 a $12.17, con un precio ponderado reportado de $12.0815. Después de las transacciones reportadas, el número de valores de propiedad beneficiosa es reportado como 1,718,269 acciones de manera indirecta.

El informe también enumera una línea de disposición por 29,918,585 acciones de Clase A y señala una participación indirecta de 240,000 acciones por parte del cónyuge. Las notas al pie indican que las acciones vendidas se vendieron bajo un plan de venta Rule 10b5-1 y que las acciones se mantienen a través de entidades Ice Vulcan, con el señor Dines conservando el poder de voto y de inversión exclusivo sobre esas participaciones.

UiPath 내부자 매도 및 보유 업데이트. UiPath, Inc. (PATH) 를 위한 Form 4 양식에는 보고자 Daniel Dines가 CEO 겸 회장 및 10% 소유자로 확인되었으며, 2025-09-26의 거래가 보고되어 있습니다. 해당 서류는 클래스 A 보통주 122,733주를 $11.96에서 $12.17 사이의 가격으로 매도했으며, 보고된 가중평균가격은 $12.0815 입니다. 보고된 거래 후, 실질적으로 보유한 증권 수는 1,718,269주로 간접 보유로 보고됩니다.

또한 파일에는 29,918,585 주의 클래스 A 보통주 처분행이 목록으로 나와 있으며, 배우자에 의한 간접 보유가 240,000 주로 기록되어 있습니다. 각주에는 매도 주식이 Rule 10b5-1 매매 계획에 따라 매도되었으며, 해당 주식은 Ice Vulcan 법인을 통해 보유되고 있으며, Dines 씨가 해당 보유에 대한 단독 의결권 및 투자 결정권을 보유하고 있다고 명시되어 있습니다.

Vente interne UiPath et mise à jour des participations. Le Formulaire 4 déposé pour UiPath, Inc. (PATH) montre la personne déclarante Daniel Dines, identifié comme PDG et Président et propriétaire de 10%, avec des transactions déclarées datées du 26/09/2025. Le dépôt divulgue une vente de 122 733 actions ordinaires de classe A à des prix allant de $11,96 à $12,17, avec un prix moyen pondéré rapporté de $12,0815. Après les transactions rapportées, le nombre de titres détenus de manière bénéficiaire est indiqué comme 1 718 269 actions indirectement.

Le dépôt répertorie également une ligne de disposition pour 29 918 585 actions de classe A et note une participation indirecte de 240 000 actions par le conjoint. Les notes de bas de page indiquent que les actions vendues ont été vendues dans le cadre d’un plan de vente Rule 10b5-1 et que les actions sont détenues par le biais d’entités Ice Vulcan, avec M. Dines conservant le pouvoir de vote et le pouvoir d’investissement exclusifs sur ces participations.

UiPath Insider-Verkauf und Halteaktualisierung. Das für UiPath, Inc. (PATH) eingereichte Formular 4 zeigt die berichtende Person Daniel Dines, identifiziert als CEO und Vorsitzender sowie als 10%-Eigentümer, mit Transaktionen am 26.09.2025. Die Einreichung offenbart den Verkauf von 122.733 Aktien der Klasse A zu Preisen zwischen $11,96 und $12,17, mit einem berichteten gewogenen Preis von $12,0815. Nach den berichteten Transaktionen wird der Betrag der wirtschaftlich berechtigten Wertpapiere indirekt als 1,718,269 Aktien angegeben.

Die Einreichung listet außerdem eine Dispositionszeile für 29,918,585 Aktien der Klasse A und vermerkt eine indirekte Beteiligung von 240,000 Aktien durch den Ehepartner. Fußnoten geben an, dass die verkauften Aktien im Rahmen eines Rule 10b5-1-Verkaufsplans verkauft wurden und dass die Aktien über Ice Vulcan-Gesellschaften gehalten werden, wobei Herr Dines die alleinige Stimm- und Investitionsmacht über diese Beteiligungen behält.

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)
09/26/2025
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 09/26/2025 S 122,733(1) D $12.0815(2) 1,718,269 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 $11.9600 to $12.1700. 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 09/26/2025
** 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

What did Daniel Dines report in the Form 4 for PATH?

The Form 4 reports that Daniel Dines sold 122,733 Class A shares on 09/26/2025 at prices ranging from $11.96 to $12.17, and reports beneficial ownership amounts including 1,718,269 shares held indirectly.

Were the sales by the PATH reporting person part of a prearranged plan?

Yes. The filing states the shares were sold in compliance with a qualified selling plan under Rule 10b5-1.

Does Daniel Dines retain control over the shares reported?

According to the footnotes, Mr. Dines retains sole voting and investment power with respect to shares held by Ice Vulcan Holding Limited.

What price range was reported for the PATH share transactions?

The reported price range for the transactions was $11.9600 to $12.1700, with a reported price of $12.0815 for the 122,733-share sale line.

What additional holdings are disclosed for the reporting person in the Form 4?

The form lists an indirect holding of 240,000 Class A shares by the reporting person’s spouse and references larger holdings through Ice Vulcan entities.
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