Brubaker Brad 4

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.