Form 4: UiPath CEO Daniel Dines Sells 45,000 Shares Under 10b5-1 Plan

UiPath CEO Daniel Dines sold 45,000 shares of Class A Common Stock at an average price of $12.0152, according to a Form 4 filing with the SEC.

Summary

• On May 2, 2025, Daniel Dines, CEO and Chairman of UiPath, sold 45,000 shares of Class A Common Stock.
• The sale was executed at a price of $12.0152 per share.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Dines directly owns 24,918,585 shares of Class A Common Stock.
• Dines also indirectly owns 240,000 shares through his spouse and 6,763,255 shares through Ice Vulcan Holding Limited.
• 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.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale of shares by the CEO is neutral in sentiment as it was conducted under a pre-arranged plan.

Industry Context

Sales by company executives are a normal part of corporate governance. It is important to note that the sale was executed under a pre-arranged Rule 10b5-1 trading plan, which allows corporate insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by a key executive could potentially create uncertainty among shareholders, although the pre-arranged nature of the sale mitigates this concern.

Key Dates

Keywords

UiPath, Daniel Dines, Form 4, SEC, Class A Common Stock, Rule 10b5-1, Insider Trading, PATH