Daniel Dines - 15 Dec 2025 Form 4 Insider Report for UiPath, Inc. (PATH)

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol
PATH
Transactions as of
15 Dec 2025
Transactions value $
-$725,081
Form type
4
Filing time
17 Dec 2025, 17:03:40 UTC
Previous filing
15 Dec 2025
Next filing
16 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dines Daniel CEO and Chairman, Director, 10%+ Owner C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK /s/ Brad Brubaker, Attorney-in-Fact 17 Dec 2025 0001855767

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Commmon Stock Conversion of derivative security $0 +9.62M $0.00 9.62M 15 Dec 2025 See Footnote F1, F2, F3
transaction PATH Class A Commmon Stock Sale -$725K -45K -0.16% $16.11 28.9M 17 Dec 2025 Direct F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PATH Class B Common Stock Conversion of derivative security $0 -9.62M -12.94% $0.00 64.7M 15 Dec 2025 Class A Common Stock 9.62M $0.00 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 On December 15, 2025, 9,615,297 shares of Class B Common Stock held by Ice Vulcan Holding Limited, an entity controlled by Daniel Dines, CEO, Founder, and Chairman of the Issuer, were converted to 9,615,297 shares of Class A Common Stock.
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock of the Issuer and has no expiration date.
F3 The shares are held by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to the shares of Class A Common Stock and Class B Common Stock held by Ice Vulcan Holding Limited.
F4 These shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
F5 The range of prices for the transactions reported was from $16.0400 to $16.2500. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.