=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-03
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: UiPath, Inc. (PATH)
CIK: 0001734722
--- Reporting Owner ---
Name: Malpani Raghavendra
CIK: 0002127293
Role: Officer (CPO & CTO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-09-03 | Code: A (Grant or award)
Shares: +1,125,000 | Price: $0.00
Shares Owned After: 1,721,106 | Ownership: D (Direct)
Footnotes:
[F1] Includes 1,125,000 performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock") upon settlement.
[F2] The PSUs are subject to the achievement of two stock price hurdles, measured based on the trailing average of the closing price per share of the Common Stock, as reported on the New York Stock Exchange, over a period of 90 consecutive trading days. 33% of the PSUs are subject to one stock price hurdle, which may be achieved during the three-year measurement period ending July 31, 2029. 67% of the PSUs are subject to a higher stock price hurdle, which may be achieved during the five-year measurement period ending July 31, 2031, in each case subject to continuous service through the applicable achievement date. The service-based vesting requirement is satisfied as to 1/12th of each tranche on the first day of each calendar quarter over the three-year period following the grant date, subject to continuous service through each vesting date.
--- Footnotes (Complete Index) ---
F1: Includes 1,125,000 performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock") upon settlement.
F2: The PSUs are subject to the achievement of two stock price hurdles, measured based on the trailing average of the closing price per share of the Common Stock, as reported on the New York Stock Exchange, over a period of 90 consecutive trading days. 33% of the PSUs are subject to one stock price hurdle, which may be achieved during the three-year measurement period ending July 31, 2029. 67% of the PSUs are subject to a higher stock price hurdle, which may be achieved during the five-year measurement period ending July 31, 2031, in each case subject to continuous service through the applicable achievement date. The service-based vesting requirement is satisfied as to 1/12th of each tranche on the first day of each calendar quarter over the three-year period following the grant date, subject to continuous service through each vesting date.
--- Signature ---
/s/ /s/ Brad Brubaker, Attorney-in-Fact (2026-09-03)
