Form 4: UiPath CEO Daniel Dines Sells 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 17, 2025, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Daniel Dines, the CEO and Chairman of UiPath, Inc., reported the sale of 45,000 shares of the company's Class A Common Stock.
• The transaction took place on June 17, 2025, at an average price of $12.413 per share, with the price range for the sales being from $12.3400 to $12.5000.
• The 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 31,071,961 shares of Class A Common Stock, which includes 5,913,376 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 transaction is a pre-planned sale under a Rule 10b5-1 plan, which typically mitigates negative sentiment associated with insider selling as it suggests the sale was not based on new, non-public information. It is a routine disclosure of a scheduled event.

Positives

• The sale was executed pursuant to a Rule 10b5-1 trading plan, indicating the transaction was pre-scheduled and not based on immediate, non-public information, which is a positive for corporate governance and transparency.

Negatives

• The sale by a key insider, the CEO and Chairman, reduces his direct and indirect beneficial ownership in the company, which can sometimes be perceived negatively by investors.

Future Outlook

This document, an SEC Form 4, reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Mr. Dines' indirect beneficial ownership includes shares held by Ice Vulcan Holding Limited, where IceVulcan Investments Ltd. is the sole shareholder, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. He retains sole voting and investment power over these shares.

Stakeholder Impact

• Shareholders may note the reduction in the CEO's direct and indirect holdings, though the 10b5-1 plan mitigates concerns about the timing of the sale.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Recommendation

Keywords

UiPath, PATH, Daniel Dines, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Beneficial Ownership, CEO, Chairman