SEC Form 4 · accession 0001855767-26-000018
UiPath, Inc. · PATH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Dines
Officer — CEO and Chairman · Director · 10% Owner
Period of report
Sep 8, 2026
Accepted (ET)
Sep 9, 2026 · 7:11 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001734722
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Commmon StockF2,F3 | Sep 8, 2026 | C | 5,000,000 | $0.00 | A | 5,000,000 | I | See Footnote |
| Class A Commmon StockF3 | Sep 8, 2026 | J | 5,000,000 | $0.00 | D | 0 | I | See Footnote |
| Class A Commmon Stock | Sep 8, 2026 | J | 5,000,000 | $0.00 | A | 31,491,238 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F2 | $0.00 | Sep 8, 2026 | C | 5,000,000 | D | — | — | Class A Common Stock | 5,000,000 | 59,690,706 | I |
Explanation of responses
- F1On September 8, 2026, 5,000,000 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 5,000,000 shares of Class A Common Stock.
- F2Each 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.
- F3The 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.
- F4On September 8, 2026, 5,000,000 shares of Class A Common Stock held by Ice Vulcan Holding Limited were transferred to IceVulcan Investments Ltd. in connection with IceVulcan Investments Ltd.'s adoption, on July 15, 2026, of a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.