Form 4: UiPath COO & CFO Ashim Gupta Reports Stock Transactions

Ashim Gupta, COO & CFO of UiPath, reports the disposition and acquisition of Class A Common Stock on January 2nd and 3rd, 2025.

Summary

• Ashim Gupta, the COO & CFO of UiPath, reported transactions involving Class A Common Stock.
• On January 2, 2025, 95,165 shares were disposed of to cover tax obligations at a price of $12.71 per share.
• On January 3, 2025, 47,227 shares were sold at an average price of $13.0622, with prices ranging from $12.7900 to $13.2650.
• Following these transactions, Gupta directly owns 856,538 shares of Class A Common Stock and indirectly owns 505 shares through a trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive. The sales appear to be for tax obligations and part of a pre-arranged selling plan.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for executives to sell shares to cover tax obligations related to vesting equity.

Stakeholder Impact

• The stock sales by a key executive could have a minor negative impact on shareholder sentiment, but the impact is likely to be minimal given the stated reasons for the transactions.

Key Dates