Form 4: UiPath CFO Ashim Gupta Reports Stock Transactions
SEC Form 4 Filing
UiPath's Chief Financial Officer, Ashim Gupta, reports the disposal of shares to cover tax obligations and discloses beneficial ownership.
Summary
- On April 1, 2024, Ashim Gupta, the CFO of UiPath, Inc., disposed of 87,386 shares of Class A Common Stock to satisfy a tax obligation.
- The shares were disposed of at a price of $22.67 per share.
- Following the transaction, Gupta directly owns 700,762 shares of Class A Common Stock and indirectly owns 87,505 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock transactions and is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock transaction (disposal of shares to cover tax obligation). |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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