UiPath (PATH) CEO logs exempt 9,615,297-share divorce-related transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UiPath, Inc. CEO and Chairman Daniel Dines reported a restructuring of his Class A Common Stock holdings tied to a divorce settlement. On March 16, 2026, 9,615,297 shares were transferred in an exempt transaction, and he no longer has pecuniary interest in those shares for Section 16 purposes, despite retaining voting rights. After related internal transfers among Ice Vulcan Holding Limited, IceVulcan Investments Ltd. and the reporting person, his direct holdings total 27,893,585 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dines Daniel
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | -- |
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | -- |
| Other | Class A Commmon Stock | 9,615,297 | $0.00 | -- |
Holdings After Transaction:
Class A Commmon Stock — 0 shares (Indirect, See Footnote);
Class A Commmon Stock — 37,508,882 shares (Direct)
Footnotes (1)
- On March 16, 2026, Ice Vulcan Holding Limited transferred 9,615,297 shares of Class A Common Stock to IceVulcan Investments Ltd., which then transferred such shares to the Reporting Person, in connection with the exempt transfer discussed below in Footnote 2. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and the Reporting Person is the sole shareholder of IceVulcan Investments Ltd. The Reporting Person 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. This Form 4 is filed voluntarily to reflect the exempt transfer of 9,615,297 shares of Class A Common Stock pursuant to a divorce settlement. Although the Reporting Person retains voting rights over the transferred shares, the securities are no longer beneficially owned by the Reporting Person for purposes of Section 16, as the Reporting Person no longer has pecuniary interest in such shares.
FAQ
What insider transaction did UiPath (PATH) CEO Daniel Dines report?
Daniel Dines reported an exempt restructuring of Class A Common Stock holdings on March 16, 2026. A total of 9,615,297 shares were transferred in connection with a divorce settlement and related internal transfers among Ice Vulcan Holding Limited, IceVulcan Investments Ltd., and the reporting person.
How did the UiPath (PATH) insider restructuring involve Ice Vulcan entities?
Ice Vulcan Holding Limited first transferred 9,615,297 Class A shares to IceVulcan Investments Ltd., which then transferred them to Daniel Dines. These movements were part of the exempt divorce-related transfer, with IceVulcan Investments Ltd. being wholly owned by the reporting person.
Why is the UiPath (PATH) Form 4 described as a voluntary filing?
The Form 4 is described as voluntary because it reflects an exempt transfer of 9,615,297 Class A shares under a divorce settlement. Although not required for all exempt events, the reporting person chose to disclose the change in pecuniary interest and beneficial ownership status.