Brubaker Brad 4

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.