Ramani Hitesh 4

What Happened

• Ramani Hitesh, UiPath's Chief Accounting Officer, was reported to have acquired 31,021 shares via an award (Form 4 code A) on 2026-02-25. The filing lists the price as $0.00 (typical for restricted stock unit/PSU awards), so no cash purchase occurred.
• These shares represent performance-based restricted stock units (PSUs) that were earned under a March 14, 2025 grant; the PSUs will vest over three years, beginning with 33.33% vesting on April 1, 2026 and then 1/12 of the shares vesting quarterly through April 1, 2028, subject to continued service.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27.
• Transaction type/code: Award/Grant (A); reported price: $0.00; shares acquired: 31,021.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The reported shares are the PSUs earned from the March 14, 2025 grant; vesting schedule as noted above and contingent on continuous service.
• Filing timeliness: Filed on 2026-02-27 for a 2026-02-25 transaction; no late-filing flag shown in the information provided.

Context

• This was an earned equity award (performance RSUs), not an open-market buy or sale. Awards like this reflect compensation or incentive realization rather than a direct market sentiment signal from an insider’s purchase or sale.
• Vesting is time- and service-contingent; shares will become actual vested shares on the stated vesting dates (and may be subject to tax withholding at vesting per company policy).