UiPath CEO logs exempt 9,615,297-share transfer
UiPath, Inc. CEO and Chairman Daniel Dines reported a restructuring of his Class A Common Stock holdings tied to a divorce settlement.
Rhea-AI Filing Summary
UiPath, Inc. CEO and Chairman Daniel Dines reported a restructuring of his Class A Common Stock holdings tied to a divorce settlement. On March 16, 2026, 9,615,297 shares were transferred in an exempt transaction, and he no longer has pecuniary interest in those shares for Section 16 purposes, despite retaining voting rights. After related internal transfers among Ice Vulcan Holding Limited, IceVulcan Investments Ltd. and the reporting person, his direct holdings total 27,893,585 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | $0.00 |
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | $0.00 |
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | $0.00 |
Footnotes (2)
- F1. On March 16, 2026, Ice Vulcan Holding Limited transferred 9,615,297 shares of Class A Common Stock to IceVulcan Investments Ltd., which then transferred such shares to the Reporting Person, in connection with the exempt transfer discussed below in Footnote 2. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and the Reporting Person is the sole shareholder of IceVulcan Investments Ltd. The Reporting Person 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.
- F2. This Form 4 is filed voluntarily to reflect the exempt transfer of 9,615,297 shares of Class A Common Stock pursuant to a divorce settlement. Although the Reporting Person retains voting rights over the transferred shares, the securities are no longer beneficially owned by the Reporting Person for purposes of Section 16, as the Reporting Person no longer has pecuniary interest in such shares.
FAQ
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What insider transaction did UiPath (PATH) CEO Daniel Dines report?
How did the UiPath (PATH) insider restructuring involve Ice Vulcan entities?
Why is the UiPath (PATH) Form 4 described as a voluntary filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.