UiPath (PATH) CEO Daniel Dines offloads 135,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

UiPath, Inc. CEO and Chairman Daniel Dines reported pre-planned insider sales totaling 135,000 shares of Class A Common Stock under a Rule 10b5-1 trading plan. The sales were executed in three equal blocks of 45,000 shares on January 22, 23, and 26, 2026 at weighted average prices of $15.0232, $15.2347, and $15.0138 per share, respectively. After these transactions, Dines directly beneficially owned 27,893,585 Class A shares.

He also had indirect beneficial ownership of 9,615,297 Class A shares held by Ice Vulcan Holding Limited, an entity ultimately controlled by him, over which he retains sole voting and investment power. The filing notes that detailed trade-by-trade pricing within the stated ranges is available upon request.

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)
01/22/2026

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	01/22/2026		S		45,000(1)	D	$15.0232(2)	27,983,585	D
Class A Commmon Stock	01/23/2026		S		45,000(1)	D	$15.2347(3)	27,938,585	D
Class A Commmon Stock	01/26/2026		S		45,000(1)	D	$15.0138(4)	27,893,585	D
Class A Common Stock								9,615,297	I	See Footnote(5)

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 $15.0000 to $15.0600. 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 range of prices for the transactions reported was from $15.1400 to $15.3700. 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.

4. The range of prices for the transactions reported was from $15.0000 to $15.0600. 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.

5. 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	01/26/2026
	** 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).
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FAQ

What insider transaction did PATH CEO Daniel Dines report on this Form 4?

The filing reports that Daniel Dines, CEO, Chairman and 10% owner of UiPath, Inc. (PATH), sold a total of 135,000 shares of Class A Common Stock in three separate transactions.

On what dates and at what prices did Daniel Dines sell UiPath (PATH) shares?

Dines sold 45,000 shares on each of January 22, 23, and 26, 2026 at weighted average prices of $15.0232, $15.2347, and $15.0138 per share, respectively, within disclosed price ranges.

Was the UiPath (PATH) insider sale by Daniel Dines under a 10b5-1 trading plan?

Yes. A footnote states the shares were sold under a qualified selling plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.

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

After the reported sales, Dines directly beneficially owned 27,893,585 Class A shares and indirectly beneficially owned 9,615,297 Class A shares through Ice Vulcan Holding Limited.

What is Ice Vulcan Holding Limited’s role in Daniel Dines’ UiPath (PATH) ownership?

Ice Vulcan Holding Limited holds 9,615,297 Class A shares. It is owned by IceVulcan Investments Ltd., which is solely owned by Dines, and he retains sole voting and investment power over those shares.

Does the Form 4 provide detailed price breakdowns for each UiPath (PATH) trade?

The filing gives price ranges for each day’s trades and notes that Dines will provide full information on the number of shares sold at each separate price upon request by regulators, the issuer, or its security holders.