GitLab's Sytse Sijbrandij trust proposes 2.12M-share sale
The notice lists an aggregate market value of $103,714,962.00 and an approximate sale date of September 24, 2026.
Rhea-AI Filing Summary
GitLab Inc. (GTLB) reports a proposed sale of 2,116,200 common shares for the account of Sytse Sijbrandij Revocable Trust; the associated person is identified as a director. The notice lists an aggregate market value of $103,714,962.00 and an approximate sale date of September 24, 2026. Morgan Stanley Smith Barney LLC is named in the securities information.
Positive
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Negative
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Key Figures
Common shares to be sold: 2,116,200 shares
Aggregate market value: $103,714,962.00
Common shares outstanding: 165,500,000 shares
+1 more
4 metrics
Common shares to be sold
2,116,200 shares
Proposed sale for the account of Sytse Sijbrandij Revocable Trust
Aggregate market value
$103,714,962.00
Securities information for the proposed sale
Common shares outstanding
165,500,000 shares
Listed in the securities information
Approximate sale date
September 24, 2026
Proposed sale
Key Terms
Rule 144, Founders Shares, aggregate market value
3 terms
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.
aggregate market value financial
"aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.