UiPath (PATH) CEO and 10% owner Daniel Dines reports Rule 10b5-1 sale

Rhea-AI Filing Summary

UiPath, Inc. insider Daniel Dines, who serves as CEO, Chairman, director and a 10% owner, reported a sale of Class A Common Stock. On 01/05/2026, he sold 45,000 shares of Class A Common Stock at an average price of $15.7318 per share, coded as a sale transaction. The filing states that these shares were sold in compliance with a qualified selling plan adopted under Rule 10b5-1 of the Securities Exchange Act of 1934.

Following this transaction, Mr. Dines beneficially owned 28,388,585 shares of Class A Common Stock directly. In addition, 9,615,297 shares were held indirectly through Ice Vulcan Holding Limited, which is ultimately controlled by Mr. Dines, who retains sole voting and investment power over those 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

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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)
01/05/2026

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 Commmon Stock	01/05/2026		S		45,000(1)	D	$15.7318(2)	28,388,585	D
Class A Common Stock								9,615,297	I	See Footnote(3)

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 $15.6200 to $15.8500. 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	01/05/2026
	** 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.

FAQ

What insider transaction did UiPath (PATH) report in this Form 4?

The filing reports that Daniel Dines sold 45,000 shares of UiPath Class A Common Stock on 01/05/2026 as a coded sale transaction.

At what price were the UiPath (PATH) shares sold by Daniel Dines?

The 45,000 Class A Common Stock shares were sold at an average price of $15.7318 per share, within a range from $15.6200 to $15.8500.

Was the UiPath (PATH) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the shares were sold in compliance with a qualified selling plan adopted by Daniel Dines under Rule 10b5-1 of the Securities Exchange Act of 1934.

How many UiPath (PATH) shares does Daniel Dines own directly after the reported sale?

After the transaction, Daniel Dines beneficially owned 28,388,585 shares of UiPath Class A Common Stock directly.

What indirect ownership in UiPath (PATH) does Daniel Dines report?

Daniel Dines reports indirect beneficial ownership of 9,615,297 shares of Class A Common Stock held by Ice Vulcan Holding Limited, an entity ultimately controlled by him.

What is Daniel Dines’ role and relationship to UiPath (PATH)?

Daniel Dines is reported as a Director, CEO and Chairman, and a 10% Owner of UiPath, Inc.