UiPath (PATH) COO & CFO granted 306,748 RSUs with tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UiPath, Inc. COO & CFO Ashim Gupta reported equity compensation and related tax withholding transactions in Class A Common Stock. He received a grant of 306,748 restricted stock units (RSUs), each representing one share upon settlement, and now directly holds 1,072,508 shares after the award.
To cover tax obligations from the vesting and settlement of previously granted performance stock units and RSUs, the issuer withheld 49,063 shares and 30,526 shares, both at a value of $11.10 per share. The newly reported 306,748 RSUs vest over three years, with 16 2/3% vesting after six months and the remainder in equal quarterly installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gupta Ashim
Role
COO & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 49,063 | $11.10 | $545K |
| Tax Withholding | Class A Common Stock | 30,526 | $11.10 | $339K |
| Grant/Award | Class A Common Stock | 306,748 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 796,286 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 306,748 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 such vesting dates.
Key Figures
RSU grant: 306,748 shares
Tax-withheld shares (PSU): 49,063 shares
Tax-withheld shares (RSU): 30,526 shares
+3 more
6 metrics
RSU grant
306,748 shares
New restricted stock unit award to COO & CFO
Tax-withheld shares (PSU)
49,063 shares
Withheld to satisfy tax on PSU vesting at $11.10/share
Tax-withheld shares (RSU)
30,526 shares
Withheld to satisfy tax on RSU vesting at $11.10/share
Total tax-withheld shares
79,589 shares
Total F-code dispositions for tax obligations
Reported share value
$11.10 per share
Value used for tax-withholding dispositions
Shares held after award
1,072,508 shares
Direct UiPath Class A holdings following transactions
Key Terms
performance stock units (PSU), restricted stock units (RSU), vest over three years, tax obligation, +1 more
5 terms
performance stock units (PSU) 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)."
restricted stock units (RSU) financial
"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)."
vest over three years financial
"The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter,"
tax obligation financial
"Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
FAQ
What insider transactions did PATH executive Ashim Gupta report?
Ashim Gupta reported equity compensation and tax-withholding transactions in UiPath Class A stock. He received 306,748 RSUs and had 79,589 shares withheld to satisfy tax obligations related to vesting of prior awards.
What is the vesting schedule for Ashim Gupta’s 306,748 UiPath RSUs?
The 306,748 RSUs awarded to Ashim Gupta vest over three years. 16 2/3% vests after six months, and the remaining units vest in equal 8 1/3% quarterly installments, conditioned on his continued service through each vesting date.