GTLB insider files to sell 271,500 shares via Morgan Stanley on 08/18/2025

Rhea-AI Filing Summary

GitLab Inc. (GTLB) Form 144 notice: The filer intends to sell 271,500 shares of common stock through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $12,022,020 and an approximate shares outstanding figure of 146,100,000. The shares were acquired as founders shares on 08/28/2015. The scheduled approximate date of sale is 08/18/2025 on NASDAQ. The filing also discloses recent 10b5-1 sales: 108,600 and 10,000 shares sold on 07/15/2025 and the same quantities sold on 06/16/2025, with reported gross proceeds for each trade shown in the filing.

Insights

Financial Analyst

TL;DR: Insider schedules a sizable secondary sale via broker and discloses recent 10b5-1 transactions; market impact appears routine from this filing alone.

The notice reports a proposed sale of 271,500 common shares through Morgan Stanley with an aggregate market value listed as $12,022,020 and an approximate outstanding share count of 146,100,000. The shares were acquired as founders shares on 08/28/2015. The filing also documents four recent 10b5-1 sales in June and July 2025 with gross proceeds reported for each sale. From a financial perspective, the filing is a standard disclosure of proposed insider sales and recent executed plan-based sales; it does not include financial results or forward guidance.

Corporate Governance Expert

TL;DR: The filer follows disclosure requirements and cites use of Rule 10b5-1 plans for prior transactions; representation about material nonpublic information is affirmed.

The Form 144 lists the broker, planned sale date (08/18/2025), and confirms acquisition as founders shares. Recent executed 10b5-1 sales for named trusts and a foundation are itemized with dates, quantities, and gross proceeds. The signer attests they are unaware of undisclosed material adverse information and references Rule 10b5-1 plan adoption or instructions, consistent with compliance practices for prearranged insider sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	271500	12022020.00	146100000	08/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/28/2015	Founders Shares	Issuer			271500	08/28/2015	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SYTSE SIJBRANDIJ REVOCABLE TRUST 268 BUSH STREET, #350 SAN FRANCISCO CA 94104	Common	07/15/2025	108600	4706381.91
10b5-1 Sales for SIJBRANDIJ FOUNDATION 268 BUSH STREET, #350 SAN FRANCISCO CA 94104	Common	07/15/2025	10000	433327.00
10b5-1 Sales for SYTSE SIJBRANDIJ REVOCABLE TRUST 268 BUSH STREET, #350 SAN FRANCISCO CA 94104	Common	06/16/2025	108600	4500590.34
10b5-1 Sales for SIJBRANDIJ FOUNDATION 268 BUSH STREET, #350 SAN FRANCISCO CA 94104	Common	06/16/2025	10000	414419.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)