BlackRock holds 8.6% stake in UiPath stock
BlackRock, Inc. has filed an amended Schedule 13G reporting a significant passive ownership stake in UiPath, Inc. Class A stock.
Rhea-AI Filing Summary
BlackRock, Inc. has filed an amended Schedule 13G reporting a significant passive ownership stake in UiPath, Inc. Class A stock. BlackRock reports beneficial ownership of 39,425,698 shares, representing 8.6% of the outstanding Class A shares. It has sole power to vote 38,245,252 shares and sole power to dispose of 39,425,698 shares, with no shared voting or dispositive power.
The filing states that various underlying clients and investors have the right to receive dividends or sale proceeds from these shares, but no single client holds more than five percent of UiPath’s outstanding common shares. BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of UiPath.
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FAQ
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How much of UiPath, Inc. (PATH) stock does BlackRock, Inc. beneficially own?
What dispositive power does BlackRock, Inc. have over its UiPath (PATH) holdings?
Is BlackRock, Inc.’s UiPath (PATH) stake a passive investment?
What type of reporting person is BlackRock, Inc. in this UiPath (PATH) Schedule 13G/A?
Who signed the UiPath (PATH) Schedule 13G/A on behalf of BlackRock, Inc.?
AI-generated analysis. How Rhea-AI works. Not financial advice.