UiPath's CTO Sells Over 40,000 Shares Amid a 16% One-Year Return
Raghavendra Malpani, Chief Product and Technology Officer at UiPath (PATH), sold 40,464 shares of Class A Common Stock on September 17, 2026. The transaction was conducted under a Rule 10b5-1 trading plan to manage personal investments without concerns about insider trading. Malpani retained over 1.58 million shares post-sale, maintaining significant equity in the company. UiPath's stock had delivered a 16% return over the past year as of September 2026 and was valued at $7.3 billion with strong financials including $1.7 billion revenue (TTM) and net income of $361.9 million. The company has shown resilience amid broader software stock declines, particularly during a sell-off known as the Saaspocalypse. The sale is considered non-discretionary due to its pre-scheduled nature under regulatory guidelines. Despite this transaction, Malpani's remaining stake aligns his interests with shareholders and reflects continued confidence in UiPath’s long-term prospects.
Tickers: $PATH
Topics: executive sales SEC filings UiPath