Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 139

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 3
Chunk 139
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Item 3. Legal Proceedings

Information pertaining to legal proceedings can be found in Note 11, Commitments and Contingencies—Litigation, to the consolidated financial statements included in Part II, Item 8 of this Annual Report on Form 10-K.

Item 4. Mine Safety Disclosures

Not applicable.

57

Table of Contents

PART II

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Our Class A common stock is traded on the New York Stock Exchange under the ticker symbol "PATH." There currently is no established public trading market for our Class B common stock, but 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, and is automatically converted upon sale or transfer into one share of Class A common stock.

Number of Holders of Common Stock

The number of record holders of our Class A and Class B common stock as of March 20, 2025 was 45 and one, respectively. The number of beneficial owners of our Class A common stock is substantially greater than the number of record holders because a large portion of Class A common stock is held in “street name” by brokers.

Dividends

We have never declared or paid any dividends on our Class A or Class B common stock, and we do not anticipate paying cash dividends in the foreseeable future.

Issuer Purchase of Equity Securities

The following table presents our Class A common stock repurchase activity under our stock repurchase program for the three months ended January 31, 2025 (in thousands, except for per share data):

PeriodTotal Number of SharesPurchasedAverage Price Paid PerShare (1)Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or ProgramsNovember 1 – 30744 $12.55 $744 $507,386 December 1 – 31— — $— $507,386 January 1 – 31— $— $— $507,386 Total744 744 

(1) Excludes brokerage commission.

(2) On September 1, 2023, our board of directors authorized a stock repurchase program which authorized the repurchase from time to time of up to $500.0 million of our outstanding shares of Class A common stock