UiPath CEO discloses 90,000-share insider sale under 10b5-1 plan

UiPath, Inc. CEO and Chairman, who is also a director and 10% owner, reported planned sales of Class A Common Stock under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

UiPath, Inc. CEO and Chairman, who is also a director and 10% owner, reported planned sales of Class A Common Stock under a Rule 10b5-1 trading plan. On 12/30/2025 and 12/31/2025, the reporting person sold 45,000 shares on each day, totaling 90,000 shares, at weighted average prices of $16.8211 and $16.5473, respectively.

After these transactions, the reporting person beneficially owned 28,478,585 Class A shares directly and 9,615,297 shares indirectly. The indirect holdings are through Ice Vulcan Holding Limited, which is ultimately controlled by Mr. Dines, who retains sole voting and investment power over those shares. The filing notes that the sales were executed pursuant to a qualified Rule 10b5-1 selling plan, with detailed price breakdowns available upon request.

Insider Trade Summary

Net Seller: 90,000 shares

Net Sell 3 txns

Insider Dines Daniel

Role CEO and Chairman

Sold 90,000 shs ($1.50M)

Type	Security	Shares	Price	Value
Sale	Class A Commmon Stock	45,000	$16.5473	$745K
Sale	Class A Commmon Stock	45,000	$16.8211	$757K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Commmon Stock — 28,478,585 shares (Direct); Class A Common Stock — 9,615,297 shares (Indirect, See Footnote)

Footnotes (4)

1. F1. 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. F2. The range of prices for the transactions reported was from $16.6400 to $17.1000. 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. F3. The range of prices for the transactions reported was from $16.4500 to $16.7100. 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.
4. F4. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did UiPath (PATH) report in this filing?

The filing reports that the CEO, who is also Chairman, director and a 10% owner of UiPath, Inc., sold a total of 90,000 shares of Class A Common Stock in two transactions on 12/30/2025 and 12/31/2025.

At what prices did the UiPath (PATH) CEO sell shares?

The 45,000 shares sold on 12/30/2025 had a weighted average price of $16.8211, within a range of $16.6400 to $17.1000. The 45,000 shares sold on 12/31/2025 had a weighted average price of $16.5473, within a range of $16.4500 to $16.7100.

How many UiPath (PATH) shares does the reporting person own after these sales?

Following the reported transactions, the reporting person beneficially owns 28,478,585 shares of UiPath Class A Common Stock directly and 9,615,297 shares indirectly.

Were these UiPath (PATH) insider sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that the 45,000-share sales on each of 12/30/2025 and 12/31/2025 were made in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.

What is the nature of the indirect holdings reported for UiPath (PATH)?

The 9,615,297 indirectly held shares are owned 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., retaining sole voting and investment power over these shares.

Can investors obtain detailed price breakdowns for the UiPath (PATH) insider trades?

Yes. The filing notes that the reporting person will provide, upon request by Commission staff, the issuer or a security holder, full information regarding the number of shares bought or sold at each separate price within the reported price ranges.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 12/31/2025 - 04:17 PM Learn about SEC filing dates

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).

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)
12/30/2025

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 Commmon Stock	12/30/2025		S		45,000(1)	D	$16.8211(2)	28,523,585	D
Class A Commmon Stock	12/31/2025		S		45,000(1)	D	$16.5473(3)	28,478,585	D
Class A Common Stock								9,615,297	I	See Footnote(4)

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 $16.6400 to $17.1000. 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 range of prices for the transactions reported was from $16.4500 to $16.7100. 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.

4. 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	12/31/2025
	** 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.