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

UiPath CEO and Chairman Daniel Dines sold 45,000 shares of Class A Common Stock for an average price of $13.1137 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Daniel Dines, the CEO and Chairman of UiPath, Inc., disposed of 45,000 shares of Class A Common Stock.
• The transaction occurred on July 7, 2025.
• The shares were sold at an average price of $13.1137, with the transaction prices ranging from $13.0000 to $13.2300.
• This sale was conducted in compliance with a qualified selling plan adopted by Mr. Dines pursuant to Rule 10b5-1.
• Following this transaction, Daniel Dines beneficially owns a total of 30,531,961 shares of Class A Common Stock, comprising 5,373,376 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: 4

Explanation: The sale of shares by a key executive, even under a pre-arranged plan, can be perceived as a neutral to slightly negative signal by the market, as it reduces insider ownership. The 10b5-1 plan mitigates concerns about opportunistic selling.

Positives

• The sale was executed under a Rule 10b5-1 trading plan, which indicates the transaction was pre-scheduled and not based on new material non-public information.

Negatives

• CEO and Chairman Daniel Dines sold 45,000 shares of Class A Common Stock.

Risks

• Insider selling, even when conducted under a Rule 10b5-1 plan, can sometimes be perceived negatively by the market, potentially signaling a lack of confidence or a desire for diversification by key executives.

Future Outlook

NA

Industry Context

Insider transactions, such as this sale by a key executive, are common occurrences in publicly traded companies and are closely watched by investors for signals regarding management's view of the company's valuation or future prospects.

Related Party Transactions

• Shares are held indirectly through Ice Vulcan Holding Limited, where IceVulcan Investments Ltd. is the sole shareholder, and Daniel Dines is the sole shareholder of IceVulcan Investments Ltd., retaining sole voting and investment power with respect to these shares.

Stakeholder Impact

• Shareholders may interpret the insider sale as a signal regarding management's perspective on the company's valuation, though the Rule 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Keywords

UiPath, PATH, Daniel Dines, Insider Sale, Form 4, 10b5-1 Plan, CEO, Chairman, Stock Transaction, Class A Common Stock