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

UiPath CEO Daniel Dines sold 122,733 shares of Class A Common Stock for approximately $1.84 million under a pre-arranged 10b5-1 trading plan.

Summary

• Daniel Dines, CEO and Chairman of UiPath, Inc. and a 10% owner, reported a sale of Class A Common Stock.
• A total of 122,733 shares of Class A Common Stock were sold on October 7, 2025.
• The shares were sold at an average price of $14.9899 per share, with prices ranging from $14.7000 to $15.1400.
• The total value of the shares sold amounts to approximately $1,839,799.77.
• The transaction was executed in compliance with a qualified selling plan adopted by Mr. Dines pursuant to Rule 10b5-1.
• Following the transaction, Mr. Dines directly owns 29,918,585 shares of Class A Common Stock.
• Indirect beneficial ownership includes 859,138 shares held by Ice Vulcan Holding Limited, where Mr. Dines retains sole voting and investment power, and 240,000 shares held indirectly by his spouse.

Sentiment

Score: 5

Explanation: The filing reports a pre-planned insider stock sale under a Rule 10b5-1 plan, which is generally considered a neutral event as it is not indicative of a discretionary decision based on new information.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a discretionary decision based on recent material non-public information, which can mitigate negative investor perception of insider sales.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived negatively by investors as it reduces the insider's direct equity stake in the company.

Industry Context

This filing is a standard insider transaction report and does not provide specific details on broader industry trends or competitive landscape. It reflects an individual executive's pre-planned stock sale.

Stakeholder Impact

• Shareholders: May observe a reduction in the CEO's direct equity stake, though mitigated by the 10b5-1 plan, which suggests the sale is not based on new negative information.

Key Dates

Recommendation

The sale of shares by CEO Daniel Dines was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a discretionary decision based on recent material non-public information. While insider sales can sometimes be perceived negatively, the existence of a 10b5-1 plan mitigates this concern, suggesting a 'hold' recommendation as this transaction alone does not provide new fundamental insights into the company's future performance.

Keywords

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