Form 4: UiPath CFO Ashim Gupta Reports Stock Transactions
SEC Form 4 Filing
UiPath's Chief Financial Officer, Ashim Gupta, reported the disposal of shares to cover tax obligations and also reports shares held by trust.
Summary
- On July 1, 2024, Ashim Gupta, the Chief Financial Officer of UiPath, Inc., reported a transaction involving Class A Common Stock.
- 49,260 shares were disposed of to satisfy a tax obligation at a price of $12.68 per share.
- Following the transaction, Gupta directly owns 897,588 shares of Class A Common Stock.
- Gupta also indirectly owns 55,505 shares of Class A Common Stock through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This is a routine disclosure related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock transaction (disposal of shares for tax obligation). |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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