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

UiPath, Inc. CEO and Chairman Daniel Dines sold 45,000 shares of Class A Common Stock for approximately $575,000 through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Daniel Dines, CEO and Chairman of UiPath, Inc. (PATH), reported the sale of 45,000 shares of Class A Common Stock.
• The transaction occurred on June 27, 2025.
• The shares were sold at an average price of $12.7781 per share, with prices ranging from $12.7000 to $12.8600.
• The total value of the shares sold was approximately $575,014.50.
• The sale was executed in compliance with a Rule 10b5-1 trading plan, which is a pre-arranged plan designed to avoid accusations of insider trading.
• Following the transaction, Mr. Dines beneficially owns a total of 30,756,961 shares of Class A Common Stock.
• This total includes 5,598,376 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. While an insider sale can sometimes be viewed negatively, the fact that it was conducted under a Rule 10b5-1 plan suggests a pre-planned liquidity event rather than a signal of management's immediate outlook on the company's performance, thus mitigating negative sentiment.

Negatives

• An insider sale, even under a 10b5-1 plan, can sometimes be perceived negatively by investors, potentially signaling a lack of confidence, although this is mitigated by the pre-planned nature.

Risks

• The sale of shares by a key executive, even if pre-planned, could lead to negative market sentiment if not properly understood by investors.

Future Outlook

The document, a Form 4, does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends.

Related Party Transactions

• The document clarifies that 5,598,376 shares are held indirectly by Ice Vulcan Holding Limited, which is solely owned by IceVulcan Investments Ltd., which in turn is solely owned by Mr. Dines. This details the indirect ownership structure through entities controlled by the reporting person.

Stakeholder Impact

• Shareholders: May interpret the insider sale, even if pre-planned, with varying degrees of concern or neutrality depending on their understanding of 10b5-1 plans.

Key Dates

Keywords

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