BUZZ-UiPath CEO Daniel Dines sells some stake, shares rise

UiPath, Inc. Class A +2.00%

UiPath, Inc. Class A

PATH

11.24

+2.00%

** Shares of software company UiPath PATH.N rise 3.6% to $16.53 in extended trading

** UiPath's CEO and Chairman, Daniel Dines, reported to the SEC that he sold 45,000 UiPath shares on December 22 and another 45,000 shares on December 23 at about $16.49 per share

** Dines still owns about 28.7 million UiPath shares directly and about 9.6 million shares indirectly

** Up to session's close, stock was up 25.6% YTD


(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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