Form 4: UiPath COO & CFO Ashim Gupta Reports Tax-Related Stock Disposal
SEC Form 4
Ashim Gupta, COO & CFO of UiPath, reports the disposal of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On April 1, 2025, Ashim Gupta, the COO & CFO of UiPath, disposed of 58,742 shares of Class A Common Stock to satisfy a tax obligation.
- The shares were withheld by the issuer at a price of $10.3 per share.
- Following the transaction, Gupta directly owns 1,086,117 shares of Class A Common Stock and indirectly owns 505 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal, which is common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 04/03/2025 | Date of signature for the report. |
Keywords
Form 4, UiPath, Ashim Gupta, Stock Disposal, Tax Obligations, Class A Common Stock, COO, CFO, RSUs
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