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

UiPath CEO Daniel Dines sold 45,000 shares of Class A Common Stock for an average price of $15.9937 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Daniel Dines, CEO and Chairman of UiPath, Inc., reported a sale of Class A Common Stock.
• The transaction involved the disposition of 45,000 shares.
• The shares were sold on January 6, 2026, at an average price of $15.9937 per share.
• The price range for the transactions was between $15.9200 and $16.1600.
• The sale was conducted in compliance with a qualified selling plan adopted by Mr. Dines pursuant to Rule 10b5-1.
• Following the transaction, Mr. Dines directly beneficially owns 28,343,585 shares of Class A Common Stock.
• Additionally, Mr. Dines indirectly beneficially owns 9,615,297 shares through Ice Vulcan Holding Limited, where he retains sole voting and investment power.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled insider stock sale under a 10b5-1 plan, which is generally considered a neutral event as it is not typically indicative of management's immediate outlook on the company's performance.

Industry Context

This Form 4 filing reports a routine insider transaction under a pre-arranged 10b5-1 trading plan, which is a common practice for executives to diversify their holdings and manage liquidity without concerns of trading on material non-public information. It does not provide broader industry context or competitive insights.

Related Party Transactions

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

Stakeholder Impact

• Shareholders: The sale represents a routine diversification or liquidity event for a key executive, conducted under a pre-arranged plan, and is unlikely to have a significant direct impact on other shareholders beyond the reported transaction.

Key Dates

Keywords

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