PATHUiPath, Inc. · Insider ownership research

UiPath, Inc. insiders sold $69.0M in the past 12 months. How much of their stake is that?

Insiders sold $69.0M in the past 12 months.100% was sold under disclosed trading plans. The largest seller, Daniel Dines (CEO and Chairman, Director), sold $60.6M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026

$60.6M

largest seller, Daniel Dines, past 12 months

100%

of sales were under disclosed trading plans, past 12 months

5 of 13

officers and directors sold shares, past 12 months

Is this normal? More than usual: about 2.1x the 4-year average. 5 insiders sold; the average is 5 a year. Year by year

Latest filing: Filed Oct 5 for a sale on Oct 2. Ashim Gupta sold 66K shares ($870K) under a disclosed plan. Filing

SEC ownership filings: 91 filed in the 12 months to Oct 13, 2026; 441 on record since Apr 20, 2021 · See the evidence

What stands out

Selling picked up in the last 90 days: officers and directors sold 1.77M shares, against an average of 815K per 90 days earlier in the period. Most of it was Daniel Dines (1.40M shares in the last 90 days) and Ashim Gupta (183K shares in the last 90 days); 100% of these sales were under disclosed plans.Daniel Dines: largest recent sale, Aug 19, 2026 · Ashim Gupta: largest recent sale, Sep 11, 2026

A share of stake is shown for 0 of the 5 officers and directors who sold. 13 are left out

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Left out: Daniel Dines, Philippe Botteri, Rich Wong, Ashim Gupta, Brad Brubaker, Hitesh Ramani, Raghavendra Malpani, Michael Gordon, Daniel Springer, Karenann Terrell, Sivaramakichenane Somasegar, June Yang and Yazdi Bagli (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Daniel Dines

CEO and Chairman, Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$60.6MDisclosed plan

Ashim Gupta

COO

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$3.6MDisclosed plan

Raghavendra Malpani

CPO & CTO

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$1.9MDisclosed plan

Hitesh Ramani

Chief Financial Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$1.9MDisclosed plan

Brad Brubaker

Chief Legal & Admin Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$972KDisclosed plan

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

Oct 2, 2026Ashim Gupta sold 66K shares ($870K) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Ashim Gupta COO	66,052	$13.17	n/a	n/a	Oct 2, 2026	Oct 5, 2026

Oct 1, 20264 executives had 173K shares ($2.2M) withheld by the company for taxes (not a market sale).

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Ashim Gupta COO	68,891	$12.84	n/a	n/a	Oct 1, 2026	Oct 5, 2026
Raghavendra Malpani CPO & CTO	38,368	$12.84	n/a	n/a	Oct 1, 2026	Oct 5, 2026
Brad Brubaker Chief Legal & Admin Officer	35,395	$12.84	n/a	n/a	Oct 1, 2026	Oct 5, 2026
Hitesh Ramani Chief Financial Officer	30,620	$12.84	n/a	n/a	Oct 1, 2026	Oct 5, 2026

Sep 17, 2026Raghavendra Malpani sold 40K shares ($567K) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Raghavendra Malpani CPO & CTO	40,464	$14.00	n/a	n/a	Sep 17, 2026	Sep 21, 2026

Sep 16, 2026Raghavendra Malpani sold 98K shares ($1.4M) under a disclosed trading plan.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Raghavendra Malpani CPO & CTO	98,429	$13.81	n/a	n/a	Sep 16, 2026	Sep 17, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Outside holders, reported separately

Philippe Botteri and Rich Wong reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Common questions

Is the UiPath, Inc. CEO selling stock?

Yes. Daniel Dines sold 3.71M shares ($60.6M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are UiPath, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 100% of sales by value ran under 10b5-1 trading plans disclosed in the filings. A trading plan schedules sales in advance.

Are any UiPath, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Daniel Dines CEO and Chairman, Director	$60.6M 3.71M shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Ashim Gupta COO	$3.6M 251K shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Raghavendra Malpani CPO & CTO	$1.9M 139K shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Hitesh Ramani Chief Financial Officer	$1.9M 115K shares	Not confirmed share of stake is being verified. Why	Disclosed plan
Brad Brubaker Chief Legal & Admin Officer	$972K 55K shares	Not confirmed share of stake is being verified. Why	Disclosed plan

Board members representing outside shareholders, reported separately: Philippe Botteri, Rich Wong. Details

The full ownership picture0 of 13 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider	Held Oct 13, 2025	Sold	Held Oct 13, 2026	Still held
Daniel Dines ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Daniel Dines are complete. CEO and Chairman, Director	n/a	−3.71M	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Daniel Dines Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Dines are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Philippe Botteri ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Philippe Botteri are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Philippe Botteri Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Philippe Botteri are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Rich Wong ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Rich Wong are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Rich Wong Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rich Wong are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Ashim Gupta ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ashim Gupta are complete. COO	n/a	−251K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Ashim Gupta Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ashim Gupta are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −263Kwithheld by the company for taxes
Brad Brubaker ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brad Brubaker are complete. Chief Legal & Admin Officer	n/a	−55K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Brad Brubaker Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brad Brubaker are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −148Kwithheld by the company for taxes
Hitesh Ramani ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Hitesh Ramani are complete. Chief Financial Officer	n/a	−115K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Hitesh Ramani Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Hitesh Ramani are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −97Kwithheld by the company for taxes
Raghavendra Malpani ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Raghavendra Malpani are complete. CPO & CTO	n/a	−139K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Raghavendra Malpani Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Raghavendra Malpani are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −101Kwithheld by the company for taxes
Michael Gordon ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Gordon are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Michael Gordon Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Gordon are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Daniel Springer ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Daniel Springer are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Daniel Springer Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Springer are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Karenann Terrell ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Karenann Terrell are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Karenann Terrell Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Karenann Terrell are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Sivaramakichenane Somasegar ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sivaramakichenane Somasegar are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Sivaramakichenane Somasegar Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sivaramakichenane Somasegar are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
June Yang ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for June Yang are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for June Yang Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for June Yang are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Yazdi Bagli ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Yazdi Bagli are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Yazdi Bagli Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Yazdi Bagli are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)

Holdings and share of stake for UiPath, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$69.0M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $69.0M across 4,265,461 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $69.0M · 100%

Taxes

607,759 shares ($7.7M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Daniel Dines CEO and Chairman, Director	3.71M	$60.6M	100%	88%	Oct 14, 2025 to Aug 19, 2026
Ashim Gupta COO	251K	$3.6M	100%	5%	Jan 5, 2026 to Oct 2, 2026
Raghavendra Malpani CPO & CTO	139K	$1.9M	100%	3%	Sep 16, 2026 to Sep 17, 2026
Hitesh Ramani Chief Financial Officer	115K	$1.9M	100%	3%	Oct 14, 2025 to Aug 14, 2026
Brad Brubaker Chief Legal & Admin Officer	55K	$972K	100%	1%	Oct 15, 2025 to Dec 5, 2025

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$15.6M	$15.6M	$0	$0
Nov 2025	$2.1M	$2.1M	$0	$0
Dec 2025	$13.0M	$13.0M	$0	$0
Jan 2026	$10.5M	$10.5M	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$0	$0	$0	$0
May 2026	$0	$0	$0	$0
Jun 2026	$0	$0	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$23.4M	$23.4M	$0	$0
Sep 2026	$3.6M	$3.6M	$0	$0
Oct 2026	$870K	$870K	$0	$0

Board members representing outside shareholders (2)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board member	Held Oct 13, 2025	Sold	Held Oct 13, 2026	Still held
Philippe Botteri ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Philippe Botteri are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Philippe Botteri Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Philippe Botteri are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Rich Wong ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Rich Wong are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Rich Wong Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rich Wong are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)

Is this normal? Selling year by year4 earlier years to compare with

More than usual: about 2.1x the 4-year average. 5 insiders sold; the average is 5 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 13, 2026 Latest 12 months	4.27M	5	$69.0M
Oct 13, 2025 1 year earlier	5.27M	4	$70.4M
Oct 13, 2024 2 years earlier	1.27M	4	$26.6M
Oct 14, 2023 3 years earlier	703K	3	$11.7M
Oct 14, 2022 4 years earlier	1.02M	8	$40.8M
Oct 14, 2021 5 years earlier · filings don't cover the whole year	2.03M	8	$116M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty13 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for UiPath, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology441 filings on record, 91 filed in the 12-month period, and how we read them

All 441 Forms 3, 4 and 5 on record for UiPath, Inc. (SEC CIK 1734722), filed from Apr 20, 2021 to Oct 5, 2026; 91 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (14)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Laela Sturdy	Jun 24, 2024	37,403 shares, last reported balance as of Jun 20, 2024
Laela Sturdy	Jun 24, 2024	29,025,785 shares, last reported balance as of Apr 23, 2021
Robert Enslin	Jun 14, 2024	3,113,417 shares, last reported balance as of May 16, 2024
Accel Growth Fund IV L.P.	Jun 20, 2023	69,602,900 shares, last reported balance as of Jun 15, 2023
Ted Kummert	Apr 4, 2023	2,874,759 shares, last reported balance as of Apr 1, 2023
Christopher Weber	Apr 4, 2023	1,729,126 shares, last reported balance as of Apr 1, 2023
Carl Eschenbach	Dec 13, 2022	342,036 shares, last reported balance as of Dec 9, 2022
Carl Eschenbach	Dec 13, 2022	8,782,396 shares, last reported balance as of Dec 9, 2022
Kimberly Hammonds	Jun 21, 2022	176,308 shares, last reported balance as of Jun 21, 2022
Jennifer Tejada	Jun 21, 2022	80,688 shares, last reported balance as of Jun 16, 2022
Thomas Hansen	May 4, 2022	1,301,835 shares, last reported balance as of May 3, 2022
Thomas Mendoza	Apr 23, 2021	1,711,120 shares, last reported balance as of Apr 23, 2021
Digital East Fund 2013 SCA SICAR	Apr 23, 2021	39,848,631 shares, last reported balance as of Apr 23, 2021
ICE VULCAN HOLDING Ltd	Apr 20, 2021	84,306,003 shares, last reported balance as of Apr 20, 2021

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