Brubaker Brad 4
4 · UiPath, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
UiPath (PATH) GC Brad Brubaker Sells 22,019 Shares (Tax Withholding)
What Happened
Brad Brubaker, UiPath’s General Counsel & Chief Legal Officer, had a total of 22,019 shares withheld by the company on July 1, 2026 to satisfy tax obligations arising from the vesting/settlement of equity awards. The shares were withheld at $10.87 per share (6,211 shares = $67,514; 15,808 shares = $171,833), totaling $239,347. The filing also notes a purchase on June 10, 2026 of 1,367 shares through UiPath’s Employee Stock Purchase Plan at $9.14 per share (plan-discount price).
Key Details
- Transaction dates/prices: 2026-07-01 withholding at $10.87; 2026-06-10 ESPP purchase at $9.14.
- Shares withheld: 6,211 (PSU withholding) and 15,808 (RSU withholding); combined 22,019 shares.
- Dollar value of withheld shares: $239,347.
- ESPP purchase: 1,367 shares at $9.14 (footnote F3).
- Footnotes: F1 = PSU tax withholding; F2 = RSU tax withholding; F3 = ESPP purchase.
- Shares owned after transaction: not stated in the provided filing.
- Filing: Form 4 filed with the SEC on July 2, 2026 for the July 1 transactions (timely).
Context
These transactions are tax-withholding dispositions (transaction code F), meaning UiPath withheld shares to cover taxes when awards vested — effectively a cashless settlement of a portion of vested equity, not an open-market sale. Such withholdings are routine and do not necessarily indicate the insider is reducing their core position. The June ESPP purchase was a direct employee purchase at a discounted price, a small buy relative to the withholding amount.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-07-01$10.87/sh−6,211$67,514→ 843,347 total - Tax Payment
Class A Common Stock
[F2][F3]2026-07-01$10.87/sh−15,808$171,833→ 828,906 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]Reflects the June 10, 2026 purchase of 1,367 shares through the UiPath Employee Stock Purchase Plan at a price of $9.14 (reflecting the plan discount).