Form 4: UiPath Executive Brad Brubaker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Brad Brubaker, GC & Chief Legal Officer of UiPath, reports disposing of shares to cover tax obligations arising from vested restricted stock units.
Summary
- On April 1, 2025, Brad Brubaker, the GC & Chief Legal Officer of UiPath, disposed of 28,018 shares of Class A Common Stock to satisfy a tax obligation.
- The shares were disposed of at a price of $10.3.
- Following the transaction, Brubaker beneficially owns 841,723 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.
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 practice of executives selling shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: disposal of shares. |
| 04/03/2025 | Date of signature. |
Keywords
Form 4, UiPath, Brad Brubaker, Stock Disposal, Tax Obligations, Class A Common Stock, Restricted Stock Units, PATH
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