UiPath (PATH) CEO logs exempt 9,615,297-share divorce-related transfer

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.

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).

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 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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Commmon Stock	03/16/2026		J(1)		9,615,297	D	$0.00	0.00	I	See Footnote(1)
Class A Commmon Stock	03/16/2026		J(1)		9,615,297	A	$0.00	37,508,882	D(1)
Class A Commmon Stock	03/16/2026		J(2)		9,615,297	D	$0.00	27,893,585	D

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. 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.

2. 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.

Remarks:

	/s/ Brad Brubaker, Attorney-in-Fact	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UiPath (PATH) CEO Daniel Dines report?

Daniel Dines reported an exempt restructuring of Class A Common Stock holdings on March 16, 2026. A total of 9,615,297 shares were transferred in connection with a divorce settlement and related internal transfers among Ice Vulcan Holding Limited, IceVulcan Investments Ltd., and the reporting person.

How many UiPath (PATH) shares were transferred in the divorce settlement?

The filing states that 9,615,297 shares of UiPath Class A Common Stock were transferred pursuant to a divorce settlement. This transfer is described as exempt, and it removes the reporting person’s pecuniary interest in those shares for Section 16 beneficial ownership calculations.

Does UiPath CEO Daniel Dines still have voting rights over the transferred shares?

Yes. The footnotes explain that Daniel Dines retains voting rights over the 9,615,297 transferred Class A shares. However, he no longer has pecuniary interest in those securities, meaning they are no longer considered beneficially owned by him under Section 16 rules.

How did the UiPath (PATH) insider restructuring involve Ice Vulcan entities?

Ice Vulcan Holding Limited first transferred 9,615,297 Class A shares to IceVulcan Investments Ltd., which then transferred them to Daniel Dines. These movements were part of the exempt divorce-related transfer, with IceVulcan Investments Ltd. being wholly owned by the reporting person.

How many UiPath (PATH) shares does Daniel Dines hold after these transactions?

After the reported March 16, 2026 transactions, one entry shows Daniel Dines with 27,893,585 shares of UiPath Class A Common Stock held directly. This figure reflects his remaining direct position following the exempt restructuring and divorce-related share transfer.

Why is the UiPath (PATH) Form 4 described as a voluntary filing?

The Form 4 is described as voluntary because it reflects an exempt transfer of 9,615,297 Class A shares under a divorce settlement. Although not required for all exempt events, the reporting person chose to disclose the change in pecuniary interest and beneficial ownership status.