Brubaker Brad 4
4 · UiPath, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
UiPath (PATH) GC Brad Brubaker Receives RSUs; Shares Withheld
What Happened
- Brad Brubaker, UiPath’s General Counsel & Chief Legal Officer, was granted 157,208 restricted stock units (RSUs) on April 1, 2026 (award, code A). The RSUs were granted at $0 purchase price and will settle into shares upon vesting.
- On the same date the issuer withheld 24,842 shares and 30,442 shares (codes F) to satisfy tax obligations associated with the settlement/vesting of performance stock units (PSUs) and restricted stock units (RSUs), respectively. The withheld shares correspond to cash value of $275,746 and $337,906 (both at $11.10 per share), totaling $613,652.
Key Details
- Transaction date: 2026-04-01. Prices for withheld shares: $11.10 per share.
- Withheld shares: 24,842 (F1) and 30,442 (F2) — total 55,284 shares withheld to cover taxes.
- Award received: 157,208 RSUs (F3). Each RSU converts to one share upon settlement.
- Vesting schedule (per footnote F3): 16 2/3% vests after 6 months, then 8 1/3% in equal quarterly installments thereafter, subject to continued service.
- Shares owned after the transaction: not disclosed in this filing.
- Filing: report dated and filed for period 2026-04-01 (no late-filing indication in this record).
Context
- These transactions are award issuance and issuer tax withholding (code F), not open-market sales. Withholding to cover taxes is a routine administrative action and does not necessarily indicate a change in the insider’s market view.
- RSUs are contingent awards that convert to shares on vesting; the withholding here is effectively a cashless settlement mechanism to satisfy tax obligations.
Insider Transaction Report
Form 4
UiPath, Inc.PATH
Brubaker Brad
GC & Chief Legal Officer
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-04-01$11.10/sh−24,842$275,746→ 722,792 total - Tax Payment
Class A Common Stock
[F2]2026-04-01$11.10/sh−30,442$337,906→ 692,350 total - Award
Class A Common Stock
[F3]2026-04-01+157,208→ 849,558 total
Footnotes (3)
- [F1]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).
- [F2]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).
- [F3]Includes 157,208 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.
Signature
/s/ Brad Brubaker|2026-04-01