Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 15, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 18, 2025
CEOIndirect holdingOption exercise
Context
Classification
option exercise
Code C — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001855767-25-000044
Filed / recorded
Dec 18, 2025, 3:03 AM UTC
Added to OQRO
Oct 6, 2026, 8:46 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
UiPath, Inc.
Issuer CIK
1734722
Ticker
PATH
Reporting person
Daniel Dines
Relationship
Director, Officer, 10% owner
Officer title
CEO and Chairman
Security
Class B Common Stock
Table
Derivative (Table II)
Transaction date
Dec 15, 2025
Transaction code
C
Shares / units
9,615,297
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
64,690,706
Ownership form
Indirect — See Footnote
Amendment
No
Footnotes from the filing
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock of the Issuer and has no expiration date.
On December 15, 2025, 9,615,297 shares of Class B Common Stock held by Ice Vulcan Holding Limited, an entity controlled by Daniel Dines, CEO, Founder, and Chairman of the Issuer, were converted to 9,615,297 shares of Class A Common Stock.
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.
