UiPath (PATH) CAO receives 31,021 performance-based restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UiPath, Inc. reported that Chief Accounting Officer Hitesh Ramani acquired 31,021 shares of Class A Common Stock as a stock award at a price of $0.0000 per share. Following this grant, he directly holds 193,829 shares.
According to the footnote, these shares relate to performance-based restricted stock units granted on March 14, 2025. The number of units reflects the amount earned based on performance criteria and will vest over three years, with 33.33% vesting on April 1, 2026 and the remainder vesting quarterly through April 1, 2028, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ramani Hitesh
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 31,021 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 193,829 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did UiPath (PATH) report for Hitesh Ramani?
UiPath reported that Chief Accounting Officer Hitesh Ramani acquired 31,021 shares of Class A Common Stock as a stock award. The transaction was recorded at a price of $0.0000 per share and increased his directly held stake to 193,829 shares.
How do the UiPath (PATH) PSUs granted to Hitesh Ramani vest over time?
The earned PSUs will vest over three years. About 33.33% of the shares vest on April 1, 2026, with the remaining shares vesting in equal quarterly installments through April 1, 2028, contingent on Ramani remaining in continuous service with UiPath.
What performance conditions applied to the UiPath (PATH) PSUs for Hitesh Ramani?
The PSUs granted on March 14, 2025 were subject to both performance-based and service-based criteria. The 31,021 reported shares represent the portion earned after the company achieved specified performance goals, with continued service required for full vesting.
When were the UiPath (PATH) PSUs originally granted to Hitesh Ramani?
The performance-based restricted stock units were originally granted on March 14, 2025. The number of units reported in the Form 4 corresponds to those earned based on performance and scheduled to vest over three years, subject to his continued service.