[Form 4] UiPath, Inc. Insider Trading Activity

Rhea-AI Filing Summary

UiPath (NYSE:PATH) CEO, Chairman and 10% owner Daniel Dines filed a routine Form 4 reporting the sale of 45,000 Class A shares on 06/27/2025 at an average price of $12.78 under a Rule 10b5-1 trading plan, for proceeds of roughly $0.58 million.

Dines still beneficially owns about 30.8 million shares: 24.9 million directly, 5.6 million through Ice Vulcan Holding Ltd., and 240,000 held by his spouse. The sale represents less than 0.2% of his holdings and does not affect his control position. No derivative securities were involved, and no other material changes were disclosed.

Insights

Securities Transaction Analyst

CEO Daniel Dines sold 45,000 shares via a pre-planned 10b5-1 trading plan while retaining substantial ownership position.

This Form 4 filing discloses that Daniel Dines, UiPath's CEO, Chairman, and 10% owner, sold 45,000 shares of Class A Common Stock at an average price of approximately $12.78 per share on June 27, 2025. The transaction was executed under a pre-established Rule 10b5-1 trading plan, which allows insiders to sell shares according to predetermined schedules without raising concerns about trading on material non-public information.

Despite this sale, Dines maintains significant ownership in UiPath with 24,918,585 shares held directly, 240,000 shares held by his spouse, and 5,598,376 shares held indirectly through Ice Vulcan Holding Limited, over which he retains sole voting and investment power. The filing indicates this is a routine, planned sale rather than a reactive one, as evidenced by the 10b5-1 plan compliance.

The sale represents less than 0.15% of Dines' total beneficial ownership, suggesting this is likely a minor portfolio rebalancing or liquidity event rather than a signal of diminished confidence in the company. The substantial remaining position demonstrates Dines' continued significant alignment with shareholder interests, which is particularly noteworthy for a CEO and Chairman who is also a 10% owner of the company.

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)
06/27/2025

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	06/27/2025		S		45,000(1)	D	$12.7781(2)	5,598,376	I	See Footnote(3)
Class A Common Stock								24,918,585	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 $12.7000 to $12.8600. 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	06/27/2025
	** 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).
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FAQ

How many UiPath (PATH) shares did CEO Daniel Dines sell on June 27, 2025?

He sold 45,000 Class A shares at an average price of $12.78, totaling about $0.58 million.

What is Daniel Dines' total UiPath share ownership after the June 27, 2025 sale?

Following the transaction he beneficially owns approximately 30.8 million shares.

Was the June 27, 2025 UiPath insider sale executed under a 10b5-1 plan?

Yes. The Form 4 states the sale occurred pursuant to a qualified Rule 10b5-1 trading plan.

Does the filing signal any change in Daniel Dines' control over UiPath (PATH)?

No. The sale was below 1% of his stake and he remains a 10% owner with significant voting power.