share_log

UiPath | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Dec 10 05:51

Summary by Futu AI

UiPath Inc. has announced that OUR THREE BABIES 2021 TRUST, associated with an officer of the company, plans to sell 55,000 shares of common stock on 12/09/2024. The estimated aggregate market value of the shares to be sold is $814,550. The shares were originally acquired on 08/08/2020 through previously exercised options from the issuer.This planned sale is part of a larger pattern of stock dispositions by the trust. In the past three months, the trust has sold a total of 94,898 shares, generating gross proceeds of $1,148,213.91. Specifically, 47,227 shares were sold on 10/03/2024 for $572,816.28, and 47,671 shares were sold on 09/13/2024 for $575,397.63.The current sale plan was adopted on 06/14/2024, indicating a pre-arranged trading strategy. This transaction represents a continuation of the trust's ongoing divestment of UiPath stock, potentially for diversification or liquidity purposes.
UiPath Inc. has announced that OUR THREE BABIES 2021 TRUST, associated with an officer of the company, plans to sell 55,000 shares of common stock on 12/09/2024. The estimated aggregate market value of the shares to be sold is $814,550. The shares were originally acquired on 08/08/2020 through previously exercised options from the issuer.This planned sale is part of a larger pattern of stock dispositions by the trust. In the past three months, the trust has sold a total of 94,898 shares, generating gross proceeds of $1,148,213.91. Specifically, 47,227 shares were sold on 10/03/2024 for $572,816.28, and 47,671 shares were sold on 09/13/2024 for $575,397.63.The current sale plan was adopted on 06/14/2024, indicating a pre-arranged trading strategy. This transaction represents a continuation of the trust's ongoing divestment of UiPath stock, potentially for diversification or liquidity purposes.

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