CTO Raghavendra Malpani disposed of 40,464 shares at $14.00 per share on September 17, 2026, for a total value of ~$567,000.
The transaction involved shares equal to 2% of the executive's direct equity holdings held before the filing.
Malpani continues to hold ~1.6 million shares directly, representing a 0.3% ownership stake in the software infrastructure company.
Raghavendra Malpani, Chief Product and Technology Officer at UiPath, Inc. (NYSE:PATH), reported a sale of 40,464 shares of Class A Common Stock on September 17, 2026 according to a recent SEC Form 4 filing.
| Metric | Value |
|---|---|
| Transaction value | ~$567,000 |
| Shares sold (directly held) | 40,464 |
| Post-transaction shares (directly held) | 1,582,213 |
| Post-transaction value | $21.77 million |
Transaction value based on SEC Form 4 weighted average sale price ($14.00); post-transaction value based on September 17, 2026 market close ($13.76).
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-09-21) | $13.59 |
| Market Capitalization | $7.3 billion |
| Revenue (TTM) | $1.7 billion |
| Net Income (TTM) | $361.9 million |
UiPath is a leading provider of enterprise automation software with a market cap of $7.3 billion. The company has established a dominant position in the RPA market through its comprehensive platform that integrates advanced AI capabilities with process intelligence and execution tools. With a strong financial profile, UiPath continues to expand its automation ecosystem across global markets.
The September 17 sale of UiPath stock by Chief Product and Technology Officer Raghavendra Malpani was a non-discretionary transaction, since it was executed as part of a pre-established Rule 10b5-1 plan. His post-sale direct holdings of 1.6 million shares are quite substantial, and ensures his continued alignment with shareholder interests.
UiPath's stock has experienced a tumultuous 2026. Shares plunged earlier this year as part of the Saaspocalypse, a sell-off in software stocks due to Wall Street's fears AI would take customers away. Since then, the company has proven its business remains resilient.
In UiPath's fiscal second quarter, ended July 31, the company achieved solid revenue of $410.3 million, which represented a 13% year-over-year increase. This demonstrates its AI-powered automation solutions continue to attract customers.
Moreover, its financial health is strengthening. It posted Q2 net income of $36.1 million, up from $1.6 million in the previous year.
Robert Izquierdo has positions in UiPath. The Motley Fool has positions in and recommends UiPath. The Motley Fool has a disclosure policy.