Dines Daniel 4
4 · UiPath, Inc. · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
UiPath (PATH) 10% Owner Dines Daniel Sells 135,000 Shares
What Happened
Dines Daniel, a 10% owner of UiPath (PATH), sold a total of 135,000 shares in three open-market transactions between Jan 22 and Jan 26, 2026. The sales were 45,000 shares on Jan 22 at $15.02 ($676,044), 45,000 shares on Jan 23 at $15.23 ($685,562), and 45,000 shares on Jan 26 at $15.01 ($675,621), for aggregate proceeds of approximately $2,037,227. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and prices:
- 2026-01-22: 45,000 shares sold @ $15.02 = $676,044
- 2026-01-23: 45,000 shares sold @ $15.23 = $685,562
- 2026-01-26: 45,000 shares sold @ $15.01 = $675,621
- Total shares sold: 135,000; total proceeds ≈ $2.04M.
- Ownership/after-sale holdings: the filing identifies Mr. Dines as a 10% owner and states the shares are held by Ice Vulcan Holding Limited (see footnote); the filing excerpt provided does not specify his post-transaction share count.
- Notable footnotes:
- Sales were made in compliance with a Rule 10b5-1 qualified selling plan (F1).
- Report includes price ranges for the trades and offers to provide per-price breakdowns to regulators (F2–F4).
- Ownership structure: shares held by Ice Vulcan Holding Limited; IceVulcan Investments Ltd. is the sole shareholder of that entity and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd., retaining sole voting and investment power (F5).
- Filing date: Form 4 filed Jan 26, 2026; transactions occurred Jan 22–26, 2026.
Context
As a 10% owner, these transactions reflect insider selling by a principal shareholder rather than routine employee/exec trading; sales done under a 10b5-1 plan are often pre-arranged and do not necessarily signal a change in view on the company. This summary is factual and does not speculate on motives.
Insider Transaction Report
- Sale
Class A Commmon Stock
[F1][F2]2026-01-22$15.02/sh−45,000$676,044→ 27,983,585 total - Sale
Class A Commmon Stock
[F1][F3]2026-01-23$15.23/sh−45,000$685,562→ 27,938,585 total - Sale
Class A Commmon Stock
[F1][F4]2026-01-26$15.01/sh−45,000$675,621→ 27,893,585 total
- 9,615,297(indirect: See Footnote)
Class A Common Stock
[F5]
Footnotes (5)
- [F1]These shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
- [F2]The range of prices for the transactions reported was from $15.0000 to $15.0600. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F3]The range of prices for the transactions reported was from $15.1400 to $15.3700. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F4]The range of prices for the transactions reported was from $15.0000 to $15.0600. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F5]The shares are held by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to the shares of Class A Common Stock and Class B Common Stock held by Ice Vulcan Holding Limited.