GitLab names interim CFO and new CAO

GitLab Inc. has reshaped its finance leadership following the previously disclosed resignation of its Chief Financial Officer and Interim Chief Accounting Officer, Brian Robins, effective September 19, 2025.

Rhea-AI Filing Summary

GitLab Inc. has reshaped its finance leadership following the previously disclosed resignation of its Chief Financial Officer and Interim Chief Accounting Officer, Brian Robins, effective September 19, 2025. The Board appointed James Shen as Interim Chief Financial Officer and interim principal financial officer, effective September 20, 2025.

Shen, previously Vice President of Finance, will receive an extra $10,000 per month in his interim role, bringing his annualized salary to about $472,154, with a target cash bonus of 30% of base salary. He was also granted restricted stock units valued at $500,000 in Class A common stock, vesting quarterly over two years, subject to continued employment.

The Board also appointed Simon Mundy as Chief Accounting Officer and principal accounting officer, effective the same date. Mundy will receive a base salary of $370,000, a target cash bonus of 40% of base salary, and RSUs valued at $700,000 vesting quarterly over four years, along with the company’s standard officer indemnification agreement.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

FAQ

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

What leadership changes did GitLab (GTLB) announce in this 8-K?

GitLab Inc. announced that James Shen has been appointed Interim Chief Financial Officer and interim principal financial officer, and Simon Mundy has been appointed Chief Accounting Officer and principal accounting officer, both effective as of September 20, 2025.

Who is James Shen, GitLab’s new interim CFO, and what is his compensation?

James Shen, age 35, was GitLab’s Vice President, Finance and previously held finance roles at Meta, Rainforest QA, GI Partners, and Morgan Stanley. Starting September 20, 2025, he will receive an additional $10,000 per month for his interim role, resulting in approximately $472,154 in annualized salary, remain eligible for a 30% target cash bonus, and has been granted $500,000 in RSUs vesting quarterly over two years.

What are the key terms of Simon Mundy’s role and pay at GitLab (GTLB)?

Simon Mundy, age 41, has been appointed Chief Accounting Officer and principal accounting officer. From the effective date, he will receive a $370,000 annual base salary, be eligible for a target cash bonus equal to 40% of base salary, and has been granted RSUs valued at $700,000 vesting quarterly over four years.

Do the new GitLab officers have any related-party or conflict-of-interest disclosures?

The company states there is no arrangement or understanding with any other person under which James Shen or Simon Mundy was selected, no family relationships between them and GitLab’s directors or executive officers, and no direct or indirect material interest in transactions that would require disclosure under Item 404(a) of Regulation S-K.

How will the RSU awards for GitLab’s new finance leaders vest?

James Shen’s RSUs, worth $500,000 of Class A common stock, will vest quarterly over two years, while Simon Mundy’s RSUs, worth $700,000, will vest quarterly over four years. In each case, vesting is subject to continuous employment and the terms of GitLab’s 2021 Equity Incentive Plan.

What indemnification protection will GitLab provide to its new Chief Accounting Officer?

Simon Mundy will enter into GitLab’s standard form of officers’ indemnification agreement, under which the company agrees to indemnify its officers to the fullest extent permitted by law and, subject to conditions, advance expenses in connection with proceedings, as described in the form previously filed as an exhibit to GitLab’s registration statement on Form S‑1.

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Accepted by SEC EDGAR 09/23/2025 - 05:14 PM EDT Learn about SEC filing dates

0001653482FALSE00016534822025-09-192025-09-1900016534822025-06-202025-06-20

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

______________________________ 

FORM 8-K

______________________________  

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 19, 2025

______________________________

GITLAB INC.

(Exact name of Registrant as Specified in Its Charter)

____________________________________ 

Delaware

001-40895

47-1861035

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

Address Not Applicable1

Zip Code Not Applicable1

(Address of Principal Executive Offices)

(Zip Code)

 Registrant’s Telephone Number, Including Area Code: Not Applicable

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.0000025 per share

GTLB

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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__________________________

1 We are a remote-only company. Accordingly, we do not maintain a headquarters. For purposes of compliance with applicable requirements of the Securities Act and Securities Exchange Act of 1934, as amended, any stockholder communication required to be sent to our principal executive offices may be directed to the agent for service of process at Corporation Service Company, 251 Little Falls Drive, Wilmington, Delaware 19808, or to the email address: reach.gitlab@gitlab.com.

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officer; Compensatory Arrangements of Certain Officers.

As previously disclosed, Brian Robins resigned from his position as Chief Financial Officer and Interim Chief Accounting Officer of GitLab Inc. (the “Company”) effective as of September 19, 2025.

On September 19, 2025, the Board appointed James Shen as the Company’s Interim Chief Financial Officer and interim “principal financial officer”, effective as of September 20, 2025 (“Effective Date”).

Mr. Shen, age 35, currently serves as the Company’s Vice President, Finance and previously served in various roles in finance since January 2021. Prior, he served in various finance roles at Meta from August 2019 to January 2021, most recently as Corporate Finance Lead. From April 2016 to August 2019, Mr. Shen served in various finance roles, most recently as the SVP Finance, at Rainforest QA. Before that, Mr. Shen served in a variety of finance and investment related roles for GI Partners, a private equity firm, and Morgan Stanley, an investment bank. He holds a B.S. from the University of California, Berkeley, Haas School of Business.

There is no arrangement or understanding between Mr. Shen and any other persons, pursuant to which Mr. Shen was selected as an officer, no family relationships among any of the Company’s directors or executive officers and Mr. Shen, and Mr. Shen does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

In connection with his appointment as Interim Chief Financial Officer and interim “principal financial officer”, the Company will be providing additional compensation to Mr. Shen. Commencing on the Effective Date, Mr. Shen will receive an additional $10,000 per month for his interim position resulting in approximately $472,154 in annualized salary, will continue to be eligible to receive bonus compensation under the Company’s Bonus Plan with a target cash bonus of 30% of his base salary, and will continue to be eligible to participate in Company-sponsored benefits to the extent he is eligible pursuant to the terms of the Company’s benefit plans. In addition, Mr. Shen was granted a restricted stock unit award worth $500,000 of the Company’s Class A common stock (the “Shen RSUs”) that will vest quarterly over a two year period. The vesting of the Shen RSUs are subject to Mr. Shen’s continuous employment with the Company and other customary provisions to be set forth in an award agreement pursuant to the Company’s 2021 Equity Incentive Plan (the “Plan”). The Shen RSUs will be granted pursuant to and in accordance with the terms and conditions of the Plan, which was previously filed with the U.S. Securities and Exchange Commission (the “SEC”).

On September 19, 2025, the Board also appointed Simon Mundy as the Company’s Chief Accounting Officer and “principle accounting officer”, effective as of the Effective Date.

Mr. Mundy, age 41, has served as the Company’s Vice President, Corporate Controller since March 2023. From July 2021 to February 2023, Mr. Mundy was Senior Director, Accounting at Salesforce, Inc., following Salesforce’s acquisition of Slack Technologies, Inc. where he had been Assistant Controller from October 2018 to July 2021. From March 2016 to October 2018, Mr. Mundy held various accounting leadership roles at DocuSign, Inc. Prior thereto, Mr. Mundy worked in public accounting with PricewaterhouseCoopers. Mr. Mundy is a Chartered Accountant with the Institute of Chartered Accountants of Scotland and holds an inactive CPA license in California. He received a B.A. (Hons) from the University of Manchester, United Kingdom.

There is no arrangement or understanding between Mr. Mundy and any other persons, pursuant to which Mr. Mundy was selected as an officer, no family relationships among any of the Company’s directors or executive officers and Mr. Mundy, and Mr. Mundy does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

In connection with his appointment as Chief Accounting Officer and “principal accounting officer”, and commencing on the Effective Date, Mr. Mundy will receive an annual base salary of $370,000, will be eligible to receive bonus compensation under the Company’s Bonus Plan with a target cash bonus of 40% of his base salary, and will continue to be eligible to participate in Company-sponsored benefits to the extent he is eligible pursuant to

the terms of the Company’s benefit plans. In addition, Mr. Mundy was granted a RSU award worth $700,000 of the Company’s Class A common stock (the “Mundy RSUs”) that will vest quarterly over a four year period. The vesting of the Mundy RSUs are subject to Mr. Mundy’s continuous employment with the Company and other customary provisions to be set forth in an award agreement pursuant to the Plan. The Mundy RSUs will be granted pursuant to and in accordance with the terms and conditions of the Plan.

Mr. Mundy will also enter into the Company’s standard form of officers’ indemnification agreement with the Company, pursuant to which the Company agrees to indemnify its officers to the fullest extent permitted by applicable law and subject to certain conditions to advance expenses in connection with proceedings as described in the indemnification agreement. The form of indemnification agreement is attached as Exhibit 10.1 to the Company’s Registration Statement on Form S-1 (File No. 333-259603), filed with the SEC on September 17, 2021.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

									GitLab Inc.
Dated: September 23, 2025						By:			/s/ William Staples
									William Staples
									Chief Executive Officer