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GTLB Insider Filing: Simon Mundy Reports 42,836 RSUs

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

GitLab Inc. (GTLB) Form 3: Simon Mundy, identified as the company’s Chief Accounting Officer and a director, reported beneficial ownership of 42,836 shares of Class A Common Stock. The filing states these shares are vested and unvested restricted stock units (RSUs) that vest over up to four years and are held directly. The Form 3 reports the event date as 09/20/2025 and is signed by an attorney-in-fact on 09/23/2025.

Positive

  • Initial disclosure filed for an insider role (Chief Accounting Officer and director), meeting Section 16(a) requirements
  • 42,836 RSUs are clearly quantified and described as vested and unvested, with vesting continuing up to four years
  • Direct ownership is reported (no indirect interests or derivatives disclosed)

Negative

  • None.

Insights

TL;DR: Officer holds 42,836 RSUs, aligning compensation with equity; disclosure is routine for insiders.

The Form 3 documents an initial beneficial ownership disclosure for Simon Mundy as Chief Accounting Officer and director. The 42,836 amount represents vested and unvested RSUs convertible to Class A common stock and scheduled to continue vesting for up to four years. This is a standard Section 16 filing that informs investors of insider holdings; there are no derivative instruments or additional transactions disclosed in this filing.

TL;DR: Initial insider disclosure completed; shows direct ownership via RSUs with multi-year vesting.

The filing fulfills Section 16(a) reporting obligations by stating the reporting person’s role and direct ownership of RSUs. It specifies the nature of the ownership (restricted stock units) and the vesting horizon (up to four years). No amendments, loans, pledges, or indirect ownership structures are reported. The signature is executed by an attorney-in-fact, as commonly permitted.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Mundy Simon

(Last) (First) (Middle)
C/O GITLAB INC.

(Street)
NOT APPLICABLE DE

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/20/2025
3. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 42,836(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This number represents vested and unvested restricted stock units ("RSUs"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. Includes RSUs that will continue to vest for up to 4 years.
Remarks:
/s/ Rashmi Chachra, Attorney-in-Fact for Simon Mundy 09/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Simon Mundy report on the Form 3 for GTLB?

He reported direct beneficial ownership of 42,836 shares of Class A Common Stock represented by vested and unvested RSUs.

What is the nature and vesting of the 42,836 shares reported?

The amount represents restricted stock units (RSUs), each convertible to one share upon vesting; some are vested and others will vest over up to four years.

When is the event date and when was the Form 3 signed?

The event date is 09/20/2025 and the Form 3 is signed by an attorney-in-fact on 09/23/2025.

Does the filing show any derivative securities or option grants?

No. Table II for derivative securities shows no entries in this filing.

Is the reported ownership direct or indirect?

The filing states the ownership form is Direct (D).
Gitlab Inc.

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6.77B
143.41M
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Software - Infrastructure
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United States
SAN FRANCISCO