Form 4: UiPath Director Receives Restricted Stock Units
Statement of Changes in Beneficial Ownership
UiPath, Inc. director Michael Lawrence Gordon was granted 19,175 Restricted Stock Units (RSUs) on June 25, 2026, as part of the company's non-employee director compensation policy.
Summary
- Michael Lawrence Gordon, a director at UiPath, Inc., received a grant of 19,175 Restricted Stock Units (RSUs) on June 25, 2026.
- These RSUs are part of the company's compensation policy for non-employee directors.
- Each RSU represents a contingent right to receive one share of UiPath's Class A Common Stock upon settlement.
- The RSUs vest on the earlier of the date of the following year's annual meeting or the first anniversary of the grant date, provided the director continues to serve.
- Following this transaction, Gordon beneficially owns 194,639 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity grant to a director as part of established compensation policy, with no immediate financial impact or significant strategic shift indicated.
Positives
- Director compensation aligns with company policy.
- Grant of RSUs indicates continued commitment and incentive for director.
- Director's beneficial ownership remains substantial at 194,639 shares.
Risks
- Vesting of RSUs is contingent on continued service, implying a risk of forfeiture if service ends prematurely.
- The value of the RSUs is subject to the future market price of UiPath's Class A Common Stock.
Future Outlook
The RSUs vest based on continued service, with settlement occurring upon vesting, subject to the director's continued service through the vesting date.
Industry Context
StockSavvy.ai notes that equity grants, such as Restricted Stock Units (RSUs), are a common form of compensation for non-employee directors in the technology sector, aligning their interests with shareholders and incentivizing long-term performance.
Stakeholder Impact
- Shareholders: The grant of RSUs to directors is a standard practice that aligns director interests with shareholder value creation. The continued ownership by directors reinforces confidence.
- Employees: This filing does not directly impact employees, but it is part of the overall compensation structure for key personnel.
- Management: The grant is part of the established compensation framework for directors.
Next Steps
- Vesting of RSUs on the earlier of the next annual meeting or the first anniversary of the grant date, subject to continued service.
- Settlement of RSUs upon vesting.
Key Dates
| Date | Description |
|---|---|
| 06/25/2026 | Transaction Date (Grant of RSUs) |
| 06/29/2026 | Date of Report Signature |
Keywords
UiPath, PATH, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, RSUs, Equity Grant, Beneficial Ownership
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