[144] Gitlab Inc. SEC Filing

Rhea-AI Filing Summary

GitLab Inc. (GTLB) notice reports a proposed sale of 5,191 common shares held as Restricted Stock Units granted on 09/15/2024. The shares represent part of the issuer's outstanding common stock of 147,900,000 shares and the aggregate market value of the proposed sale is listed as $234,010.28. The filing names Morgan Stanley Smith Barney LLC as the broker and specifies an approximate sale date of 10/01/2025 on NASDAQ. The filer also discloses a prior 10b5-1 sale on 09/18/2025 of 797 shares for gross proceeds of $40,487.60. The notice includes the required representation that the seller does not possess undisclosed material adverse information.

Positive

• Clear disclosure of the origin of the shares as Restricted Stock Units (acquired 09/15/2024).
• Broker identified (Morgan Stanley Smith Barney LLC) and trading venue (NASDAQ) specified.
• Prior 10b5-1 sale disclosed (797 shares on 09/18/2025 for $40,487.60), indicating adherence to a trading plan.
• Seller's attestation that they possess no undisclosed material adverse information is included.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small planned insider sale of RSUs; limited market impact given the size relative to shares outstanding.

The filing documents a planned sale of 5,191 shares acquired as Restricted Stock Units on 09/15/2024, with an aggregate market value of $234,010.28 and an approximate sale date of 10/01/2025 using Morgan Stanley Smith Barney LLC. A prior 10b5-1 sale of 797 shares on 09/18/2025 for $40,487.60 is also disclosed. From a trading-impact perspective, the quantities disclosed are very small relative to the 147.9 million shares outstanding, indicating limited direct effect on market liquidity or capitalization. The inclusion of the seller's representation about material information and the 10b5-1 disclosure are standard compliance items that reduce execution risk related to insider trading allegations.

Corporate Governance Expert

TL;DR: Appropriate disclosure of insider sale and RSU origin; procedural compliance appears satisfied.

The notice specifies the securities were acquired as Restricted Stock Units from the issuer on 09/15/2024 and that the proposed sale will be executed through a named broker on NASDAQ. The filing includes the seller's attestation regarding possession of material non-public information and references a 10b5-1 sale that occurred on 09/18/2025. These elements align with standard governance and disclosure expectations for insider dispositions. There is no information in the filing indicating any governance or compliance concerns.

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

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	5191	234010.28	147900000	10/01/2025	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	09/15/2024	Restricted Stock Units	Issuer			5191	09/15/2024	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 SIMON MUNDY 268 BUSH STREET, #350 SAN FRANCISCO CA 94104	Common	09/18/2025	797	40487.60

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)

FAQ

What does the Form 144 for GitLab (GTLB) report?

The filing reports a proposed sale of 5,191 common shares acquired as Restricted Stock Units on 09/15/2024, with an aggregate market value of $234,010.28 and an approximate sale date of 10/01/2025.

Who is the broker and where will the GTLB shares be sold?

The broker is listed as Morgan Stanley Smith Barney LLC, and the sale is planned to occur on NASDAQ.

Has the filer sold any GitLab shares recently?

Yes. The filing discloses a 10b5-1 sale of 797 shares on 09/18/2025 for gross proceeds of $40,487.60.

How many shares outstanding does GitLab have according to the filing?

The filing lists 147,900,000 shares outstanding.

Were the shares to be sold purchased or granted?

They were granted as Restricted Stock Units on 09/15/2024 and the filing shows the amount to be sold as 5,191 shares.