Form 4: UiPath CEO Daniel Dines Reports Sale of 45,000 Shares Under Pre-Arranged 10b5-1 Plan

UiPath, Inc. CEO and Chairman Daniel Dines reported the sale of 45,000 shares of Class A Common Stock on June 20, 2025, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Daniel Dines, CEO, Chairman, Director, and 10% Owner of UiPath, Inc. (PATH), reported a transaction involving the company's Class A Common Stock.
• On June 20, 2025, Mr. Dines disposed of 45,000 shares of Class A Common Stock.
• The shares were sold at an average price of $12.3517 per share, with the transaction price range from $12.2500 to $12.4800.
• This sale was conducted in compliance with a qualified selling plan adopted by Mr. Dines pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934.
• Following this transaction, Mr. Dines beneficially owns a total of 30,981,961 shares of Class A Common Stock, comprising 5,823,376 shares held indirectly by Ice Vulcan Holding Limited, 24,918,585 shares held directly, and 240,000 shares held indirectly by his spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral to slightly negative. While the sale by a CEO reduces insider ownership, the execution under a pre-arranged Rule 10b5-1 plan mitigates concerns about opportunistic trading, making the impact less negative than an unscheduled sale.

Positives

• The sale was executed under a Rule 10b5-1 trading plan, which indicates a pre-arranged, scheduled transaction designed to avoid concerns about insider trading based on material non-public information.

Negatives

• The transaction represents a reduction in the direct and indirect beneficial ownership of Class A Common Stock by a key insider (CEO and Chairman), which some investors may view as a negative signal.

Risks

• No specific risks are detailed in this Form 4 filing beyond the inherent market perception associated with insider share sales.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is specific to an individual insider's transaction and does not provide broader industry context or trends.

Corporate Governance

Related Party Transactions

• The document clarifies the indirect beneficial ownership structure, noting that 5,823,376 shares are held by Ice Vulcan Holding Limited, whose sole shareholder is IceVulcan Investments Ltd., and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power over these shares.

Stakeholder Impact

• Shareholders may interpret the sale by the CEO as a signal regarding the company's future prospects, potentially influencing investor sentiment and stock price.

Key Dates

Keywords

UiPath, PATH, Daniel Dines, SEC Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Beneficial Ownership, Corporate Governance