UiPath (NYSE: PATH) CAO gets 123,466 RSUs; shares withheld for tax

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

UiPath, Inc. Chief Accounting Officer Hitesh Ramani reported equity compensation and related tax-withholding transactions in Class A common stock. He received a grant of 123,466 restricted stock units (RSUs), each representing a right to one share at settlement.

The RSUs vest over three years, with 16 2/3% vesting after six months and 8 1/3% vesting in equal quarterly installments thereafter, subject to continued service. To cover tax obligations from vesting performance stock units and RSUs, the issuer withheld 5,289 and 17,974 shares, respectively, at a price of $11.10 per share. After these transactions, Ramani directly owns 170,566 shares, including the unvested RSUs.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Ramani Hitesh

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	5,289	$11.10	$59K
Tax Withholding	Class A Common Stock	17,974	$11.10	$200K
Grant/Award	Class A Common Stock	123,466	$0.00	--

Holdings After Transaction: Class A Common Stock — 188,540 shares (Direct)

Footnotes (1)

Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of performance stock units (PSU). Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSU). Includes 123,466 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service through each vesting date.

Key Figures

RSU grant: 123,466 RSUs Tax-withheld shares (PSUs): 5,289 shares Tax-withheld shares (RSUs): 17,974 shares +5 more

8 metrics

RSU grant 123,466 RSUs Equity award to Chief Accounting Officer

Tax-withheld shares (PSUs) 5,289 shares Withheld to satisfy tax on PSU vesting

Tax-withheld shares (RSUs) 17,974 shares Withheld to satisfy tax on RSU vesting

Withholding price $11.10 per share Value used for tax-withholding transactions

Shares held after transactions 170,566 shares Direct Class A holdings including 123,466 RSUs

Initial vesting tranche 16 2/3% Vests after six months from grant date

Ongoing vesting rate 8 1/3% quarterly Equal quarterly installments after initial vesting

Total tax-withheld shares 23,263 shares Combined PSU and RSU tax-withholding dispositions

Key Terms

performance stock units (PSU), restricted stock units (RSU), RSUs, vesting and settlement, +1 more

5 terms

performance stock units (PSU) financial

"Represents shares withheld by the Issuer to satisfy a tax obligation realized ... upon the vesting and settlement of performance stock units (PSU)."

restricted stock units (RSU) financial

"Represents shares withheld by the Issuer to satisfy a tax obligation ... upon the vesting and settlement of restricted stock units (RSU)."

RSUs financial

"Includes 123,466 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vesting and settlement financial

"Represents shares withheld by the Issuer to satisfy a tax obligation realized ... upon the vesting and settlement of performance stock units (PSU)."

tax obligation financial

"Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of performance stock units (PSU)."

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 08:13 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Ramani Hitesh

(Last)

(First)

(Middle)

C/O UIPATH, INC., ONE VANDERBILT AVENUE

60TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UiPath, Inc. [ PATH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/01/2026		F		5,289⁽¹⁾	D	$11.1	188,540	D
Class A Common Stock	04/01/2026		F		17,974⁽²⁾	D	$11.1	170,566	D
Class A Common Stock	04/01/2026		A		123,466⁽³⁾	A	$0.00	294,032	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of performance stock units (PSU).

2. Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSU).

3. Includes 123,466 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service through each vesting date.

Remarks:

	/s/ Brad Brubaker, Attorney-in-Fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did UiPath (PATH) disclose for CAO Hitesh Ramani?

UiPath disclosed that Chief Accounting Officer Hitesh Ramani received a grant of 123,466 RSUs and had shares withheld to cover taxes on vesting awards. These are compensation and tax-withholding events, not open-market purchases or sales.

How many RSUs did UiPath (PATH) grant to its Chief Accounting Officer?

UiPath granted Chief Accounting Officer Hitesh Ramani 123,466 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Class A share upon settlement, subject to the vesting schedule and his continued service with the company.

How do the newly granted UiPath (PATH) RSUs vest for Hitesh Ramani?

The 123,466 UiPath RSUs vest over three years, with 16 2/3% vesting after six months, then 8 1/3% vesting in equal quarterly installments. Vesting depends on Ramani’s continuous service through each vesting date, so the award delivers value gradually over time.

Why were UiPath (PATH) shares withheld from Hitesh Ramani’s awards?

UiPath withheld 5,289 and 17,974 shares from Hitesh Ramani to satisfy tax obligations triggered by vesting performance stock units and RSUs. This is a standard mechanism where the issuer withholds shares instead of the insider paying cash taxes directly.

At what price were the UiPath (PATH) shares withheld for Hitesh Ramani’s taxes valued?

The withheld UiPath shares were valued at $11.10 per share for tax purposes. This valuation applied to both the 5,289 shares related to performance stock units and the 17,974 shares tied to restricted stock units used to cover Ramani’s tax liabilities.

How many UiPath (PATH) shares does Hitesh Ramani hold after these transactions?

After these transactions, Hitesh Ramani directly owns 170,566 shares of UiPath Class A common stock. This figure includes 123,466 unvested RSUs, which will convert into shares only as they vest under the disclosed three-year vesting schedule.