STOCK TITAN

Gitlab officer plans $147K stock sale via broker

Officer Simon Mundy has filed a Form 144 to sell 2,934 Gitlab Inc. common shares previously acquired as restricted stock units.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Gitlab Inc. (GTLB) is the subject of a Form 144 notice filed for planned sales of its common stock by officer Simon Mundy. The notice covers a proposed sale of 2,934 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $147,492.18, based on a total of 165,500,000 shares outstanding.

The shares to be sold were acquired on September 15, 2026 as Restricted Stock Units from Gitlab Inc. The filing also lists prior sales over the past three months, including transactions on June 22, 2026, August 7, 2026 (identified as 10b5-1 sales), and September 16, 2026.

Positive

  • None.

Negative

  • None.
Shares proposed to be sold 2,934 shares Common stock under Form 144 notice for Simon Mundy
Aggregate market value of proposed sale $147,492.18 Value of 2,934 Gitlab Inc. common shares in Form 144
Total shares outstanding 165,500,000 shares Gitlab Inc. common stock, as cited in the Form 144
Prior sale on September 16, 2026 4,656 shares for $227,091.28 Gitlab Inc. common stock sold by Simon Mundy in past 3 months
10b5-1 sale on August 7, 2026 8,725 shares for $331,550.00 Gitlab Inc. common stock, identified as 10b5-1 sales
Prior sale on June 22, 2026 1,514 shares for $39,621.38 Gitlab Inc. common stock sold in past 3 months
Form 144 regulatory
"has filed a Form 144 notice to sell 2,934 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | | | 2934"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for SIMON MUNDY 268 BUSH STREET"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for GTLB by Simon Mundy disclose?

It discloses that officer Simon Mundy has filed a Form 144 notice to sell 2,934 shares of Gitlab Inc. common stock, with an aggregate market value of $147,492.18, under Rule 144, using Morgan Stanley Smith Barney LLC as broker.

How many GTLB shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 2,934 Gitlab Inc. common shares. These shares were acquired as Restricted Stock Units on September 15, 2026 and are listed for potential sale on the NASDAQ market.

What is the aggregate market value of the GTLB shares in this Form 144?

The proposed sale of 2,934 shares of Gitlab Inc. common stock has an aggregate market value of $147,492.18 as stated in the Form 144 securities information section.

How many Gitlab Inc. shares are stated as outstanding in the Form 144?

The Form 144 cites 165,500,000 shares outstanding of Gitlab Inc. common stock in the securities information section; this serves as a baseline figure, not the amount being sold.

What GTLB stock sales by Simon Mundy occurred in the past three months?

The filing lists prior sales of Gitlab Inc. common stock: 1,514 shares on June 22, 2026 for $39,621.38, 8,725 shares on August 7, 2026 for $331,550.00 (identified as 10b5-1 sales), and 4,656 shares on September 16, 2026 for $227,091.28.

What type of equity awards are involved in this GTLB Form 144 filing?

The shares covered by the Form 144 were acquired as Restricted Stock Units from Gitlab Inc. on September 15, 2026, with the issuer listed as the source and no cash payment noted.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Keep reading