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

UiPath CEO Daniel Dines sold 14,900 shares of Class A Common Stock at an average price of $12.0077 per share on May 6, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 6, 2025, Daniel Dines, CEO and Chairman of UiPath, sold 14,900 shares of Class A Common Stock.
• The sale was executed at a price of $12.0077 per share.
• The transaction was conducted under a qualified selling plan pursuant to Rule 10b5-1.
• Following the transaction, Dines directly owns 24,918,585 shares of Class A Common Stock.
• Dines also indirectly owns 6,723,376 shares through Ice Vulcan Holding Limited and 240,000 shares by spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-existing trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by insiders are a common occurrence, and the use of 10b5-1 plans allows insiders to sell shares without being accused of acting on non-public information. The market will often look at the size and frequency of insider sales to gauge sentiment.

Key Dates

Keywords

UiPath, Daniel Dines, Class A Common Stock, SEC Form 4, 10b5-1 plan, Share Sale, Insider Trading