UiPath grants CLO 300,000 performance stock units

UiPath granted its Chief Legal & Admin Officer 300,000 performance-based PSUs with multi-year price and service-based vesting conditions.

Rhea-AI Filing Summary

UiPath, Inc. (symbol: PATH) is the issuer of record for a Form 4 filing submitted to the SEC. Brubaker Brad reported acquisition or exercise transactions in this Form 4 filing.

UiPath, Inc. (PATH) reported that Chief Legal & Admin Officer Brad Brubaker received an equity award of 300,000 performance-based restricted stock units (PSUs) of Class A Common Stock on September 3, 2026. Each PSU represents a contingent right to one share, subject to stock price hurdles and continuous service-based vesting over multiple years.

Following this grant, Brubaker holds 1,128,906 Class A Common Stock shares or rights directly. The PSUs vest based on two stock price hurdles measured over 90-day trailing average prices, with 33% tied to a hurdle measurable through July 31, 2029 and 67% to a higher hurdle measurable through July 31, 2031, and a service-based schedule that vests 1/12 of each tranche quarterly over three years.

Insider Trade Summary

Grant/Award: 300,000 shares

Grant/Award 1 txn

Insider Brubaker Brad

Role Chief Legal & Admin Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1, F2	300,000	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 1,128,906 shares (Direct)

Footnotes (2)

1. F1. Includes 300,000 performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock") upon settlement.
2. F2. The PSUs are subject to the achievement of two stock price hurdles, measured based on the trailing average of the closing price per share of the Common Stock, as reported on the New York Stock Exchange, over a period of 90 consecutive trading days. 33% of the PSUs are subject to one stock price hurdle, which may be achieved during the three-year measurement period ending July 31, 2029. 67% of the PSUs are subject to a higher stock price hurdle, which may be achieved during the five-year measurement period ending July 31, 2031, in each case subject to continuous service through the applicable achievement date. The service-based vesting requirement is satisfied as to 1/12th of each tranche on the first day of each calendar quarter over the three-year period following the grant date, subject to continuous service through each vesting date.

Key Figures

Performance-based PSUs granted: 300,000 PSUs Shares/rights held after transaction: 1,128,906 shares or rights First PSU stock price hurdle period: 3 years, ending July 31, 2029 +3 more

6 metrics

Performance-based PSUs granted 300,000 PSUs Grant to Chief Legal & Admin Officer on September 3, 2026

Shares/rights held after transaction 1,128,906 shares or rights Direct Class A Common Stock position following the PSU grant

First PSU stock price hurdle period 3 years, ending July 31, 2029 Applies to 33% of PSUs

Second PSU stock price hurdle period 5 years, ending July 31, 2031 Applies to 67% of PSUs

Service-based vesting duration 3 years 1/12 of each PSU tranche vests quarterly over three years

Vesting frequency Quarterly (1st day of each calendar quarter) Applies to 1/12 of each PSU tranche, subject to continuous service

Key Terms

performance-based restricted stock units, stock price hurdles, trailing average, measurement period, +1 more

5 terms

performance-based restricted stock units financial

"Includes 300,000 performance-based restricted stock units (PSUs)."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

stock price hurdles financial

"The PSUs are subject to the achievement of two stock price hurdles,"

"Stock price hurdles" are specific price levels that investors watch closely because reaching them can signal a potential change in the stock's future. Think of them like checkpoints in a video game; once the stock hits these levels, it might trigger new buying or selling activity, affecting whether the price goes up or down.

trailing average financial

"measured based on the trailing average of the closing price per share"

measurement period financial

"which may be achieved during the three-year measurement period ending July 31, 2029."

continuous service financial

"in each case subject to continuous service through the applicable achievement date."

FAQ

What equity award did UiPath (PATH) grant to Brad Brubaker?

UiPath granted Brad Brubaker 300,000 performance-based restricted stock units (PSUs) of Class A Common Stock. Each PSU represents a contingent right to receive one share upon settlement, subject to stock price hurdles and service-based vesting conditions.

How many UiPath (PATH) shares or rights does Brad Brubaker hold after this Form 4 transaction?

After the reported grant, Brad Brubaker holds 1,128,906 Class A Common Stock shares or rights directly. This total includes the 300,000 performance-based PSUs reported in the filing.

What are the performance conditions for Brad Brubaker’s 300,000 UiPath (PATH) PSUs?

The 300,000 PSUs are subject to two stock price hurdles based on the 90-day trailing average closing price of UiPath’s Class A stock. 33% relate to a lower hurdle and 67% to a higher hurdle, each requiring achievement within specified multi-year measurement periods.

Over what periods can the UiPath (PATH) PSU stock price hurdles be achieved?

For the PSUs, 33% are tied to a stock price hurdle that may be achieved during a three-year measurement period ending July 31, 2029, and 67% are tied to a higher hurdle that may be achieved during a five-year measurement period ending July 31, 2031.

How do the service-based vesting terms work for the UiPath (PATH) PSUs granted to Brad Brubaker?

The service-based requirement is met as 1/12 of each PSU tranche vests on the first day of each calendar quarter over the three-year period following the grant date, subject to continuous service through each vesting date.

Are Brad Brubaker’s UiPath (PATH) PSUs tied to New York Stock Exchange trading prices?

Yes. The PSU stock price hurdles use the trailing average of the closing price per share of UiPath’s Class A Common Stock as reported on the New York Stock Exchange over a period of 90 consecutive trading days.

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Available on EDGAR 09/03/2026 - 07:32 PM Accepted by SEC EDGAR 09/03/2026 - 07:31 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).

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^*

Brubaker Brad

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Admin Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

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 Common Stock	09/03/2026		A		300,000(1)(2)	A	$0.00	1,128,906	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. Includes 300,000 performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock") upon settlement.

2. The PSUs are subject to the achievement of two stock price hurdles, measured based on the trailing average of the closing price per share of the Common Stock, as reported on the New York Stock Exchange, over a period of 90 consecutive trading days. 33% of the PSUs are subject to one stock price hurdle, which may be achieved during the three-year measurement period ending July 31, 2029. 67% of the PSUs are subject to a higher stock price hurdle, which may be achieved during the five-year measurement period ending July 31, 2031, in each case subject to continuous service through the applicable achievement date. The service-based vesting requirement is satisfied as to 1/12th of each tranche on the first day of each calendar quarter over the three-year period following the grant date, subject to continuous service through each vesting date.

Remarks:

	/s/ Brad Brubaker	09/03/2026
	** 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)