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

UiPath CEO Daniel Dines sold 45,000 shares of Class A Common Stock on January 8, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Daniel Dines, the CEO and Chairman of UiPath, Inc., reported the sale of 45,000 shares of Class A Common Stock.
• The transaction took place on January 8, 2026.
• The shares were sold at an average price of $17.4931 per share, with the price ranging from $17.3200 to $17.6600.
• This sale was executed in compliance with a qualified selling plan adopted by Mr. Dines pursuant to Rule 10b5-1.
• Following this transaction, Mr. Dines directly holds 28,253,585 shares and indirectly holds 9,615,297 shares through Ice Vulcan Holding Limited.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly negative. While the sale is a planned transaction under a 10b5-1 plan, which reduces the negative implications, any insider selling can still be viewed with some caution by the market.

Positives

• The sale was conducted under a Rule 10b5-1 plan, which indicates a pre-scheduled and transparent transaction designed to mitigate concerns about trading on material non-public information.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived by the market as a signal, potentially leading to short-term negative sentiment.

Risks

• Market perception of insider selling could lead to short-term negative pressure on UiPath's stock price.

Future Outlook

NA

Management Comments

• "These 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 is a routine insider transaction filing and does not directly relate to broader industry trends or competitors, beyond the general market's interpretation of insider activity.

Corporate Governance

Related Party Transactions

• Daniel Dines indirectly beneficially owns 9,615,297 shares through Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to these shares.

Stakeholder Impact

• Shareholders: May observe the transaction as a signal from management, potentially influencing short-term trading decisions. The 10b5-1 plan provides transparency regarding the planned nature of the sale.

Key Dates

Keywords

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