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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.
Founders Shares financial
"Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
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

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

How many GitLab shares does the Sytse Sijbrandij Revocable Trust plan to sell?

The notice covers a proposed sale of 2,116,200 common shares, with an aggregate market value of $103,714,962.00. The approximate sale date is September 24, 2026.

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

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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

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