STOCK TITAN

[Form 4] GitLab Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

GitLab Inc. (GTLB) – Form 4 insider transaction

Chief Legal Officer & Corporate Secretary Robin Schulman reported the sale of 7,094 Class A shares on 16 June 2025 at a weighted-average price of $41.63. According to the footnotes, the shares were automatically sold to satisfy tax withholding related to the vesting of a restricted stock-unit (RSU) grant. Prices for the individual trades ranged between $40.91 and $42.05.

Following the transaction, Schulman’s beneficial ownership stands at 153,888 Class A shares, a figure that includes unvested RSUs and shares accumulated under the company’s Employee Stock Purchase Plan. No derivative securities were acquired or disposed of, and no 10b5-1 trading plan was indicated.

The Form 4, filed on 18 June 2025, reflects a routine tax-related disposition rather than an open-market reduction of the executive’s core holdings. The reported sale represents roughly 4.6% of the insider’s post-transaction stake and an immaterial fraction of GitLab’s float, limiting its direct market impact.

GitLab Inc. (GTLB) – Transazione interna Form 4

Il Chief Legal Officer e Corporate Secretary Robin Schulman ha comunicato la vendita di 7.094 azioni di Classe A il 16 giugno 2025, a un prezzo medio ponderato di 41,63 $. Secondo le note a piè di pagina, le azioni sono state vendute automaticamente per soddisfare il pagamento delle imposte relative al vesting di un premio in azioni vincolate (RSU). I prezzi delle singole operazioni sono variati tra 40,91 $ e 42,05 $.

Dopo la transazione, la partecipazione beneficiaria di Schulman ammonta a 153.888 azioni di Classe A, cifra che include RSU non ancora maturate e azioni accumulate tramite il Piano di Acquisto Azionario per Dipendenti della società. Non sono stati acquisiti né ceduti strumenti derivati, né è stato indicato alcun piano di trading 10b5-1.

Il modulo Form 4, depositato il 18 giugno 2025, riflette una normale disposizione fiscale piuttosto che una riduzione sul mercato aperto delle partecipazioni principali dell’esecutivo. La vendita segnalata rappresenta circa il 4,6% della partecipazione post-transazione dell’insider e una quota irrilevante del flottante di GitLab, limitando il suo impatto diretto sul mercato.

GitLab Inc. (GTLB) – Transacción interna Formulario 4

El Chief Legal Officer y Secretario Corporativo Robin Schulman reportó la venta de 7,094 acciones Clase A el 16 de junio de 2025 a un precio promedio ponderado de $41.63. Según las notas al pie, las acciones se vendieron automáticamente para cubrir las retenciones fiscales relacionadas con la adquisición de una concesión de unidades restringidas de acciones (RSU). Los precios de las operaciones individuales oscilaron entre $40.91 y $42.05.

Tras la transacción, la propiedad beneficiaria de Schulman es de 153,888 acciones Clase A, cifra que incluye RSU no adquiridas y acciones acumuladas bajo el Plan de Compra de Acciones para Empleados de la empresa. No se adquirieron ni dispusieron valores derivados, ni se indicó ningún plan de negociación 10b5-1.

El Formulario 4, presentado el 18 de junio de 2025, refleja una disposición rutinaria relacionada con impuestos en lugar de una reducción en el mercado abierto de las participaciones principales del ejecutivo. La venta reportada representa aproximadamente el 4.6% de la participación posterior a la transacción del insider y una fracción insignificante del flotante de GitLab, limitando su impacto directo en el mercado.

GitLab Inc. (GTLB) – Form 4 내부자 거래 보고

법무총괄 및 기업 비서인 Robin Schulman이 2025년 6월 16일에 7,094주 클래스 A 주식 매도를 보고했으며, 가중평균 가격은 $41.63였습니다. 각 거래 가격은 $40.91에서 $42.05 사이였습니다. 각주에 따르면, 이 주식들은 제한 주식 단위(RSU) 부여의 권리 확정에 따른 세금 원천징수를 충당하기 위해 자동으로 매도된 것입니다.

거래 후 Schulman의 실질 소유 주식 수는 153,888주 클래스 A 주식이며, 이는 미확정 RSU와 회사 직원 주식 구매 계획에 따른 주식을 포함합니다. 파생 증권의 취득 또는 처분은 없었으며, 10b5-1 거래 계획도 명시되지 않았습니다.

2025년 6월 18일 제출된 Form 4는 경영진의 핵심 보유 주식의 공개시장 매도가 아닌, 세금 관련 일상적 처분임을 나타냅니다. 보고된 매도는 내부자의 거래 후 지분의 약 4.6%에 해당하며 GitLab의 유통 주식 중 미미한 비중으로, 직접적인 시장 영향은 제한적입니다.

GitLab Inc. (GTLB) – Transaction d’initié Formulaire 4

Le Chief Legal Officer et Secrétaire Général Robin Schulman a déclaré la vente de 7 094 actions de Classe A le 16 juin 2025, à un prix moyen pondéré de 41,63 $. Selon les notes de bas de page, les actions ont été vendues automatiquement pour couvrir la retenue d’impôt liée à l’acquisition de droits sur une attribution d’unités d’actions restreintes (RSU). Les prix des transactions individuelles variaient entre 40,91 $ et 42,05 $.

À la suite de la transaction, la propriété bénéficiaire de Schulman s’élève à 153 888 actions de Classe A, incluant les RSU non acquises ainsi que les actions accumulées dans le cadre du Plan d’Achat d’Actions des Employés de la société. Aucun titre dérivé n’a été acquis ou cédé, et aucun plan de trading 10b5-1 n’a été mentionné.

Le formulaire 4, déposé le 18 juin 2025, reflète une disposition fiscale de routine plutôt qu’une réduction des participations principales de l’exécutif sur le marché ouvert. La vente déclarée représente environ 4,6 % de la participation post-transaction de l’initié et une fraction négligeable du flottant de GitLab, limitant ainsi son impact direct sur le marché.

GitLab Inc. (GTLB) – Insider-Transaktion Form 4

Chief Legal Officer & Corporate Secretary Robin Schulman meldete den Verkauf von 7.094 Class A Aktien am 16. Juni 2025 zu einem gewichteten Durchschnittspreis von 41,63 $. Laut Fußnoten wurden die Aktien automatisch verkauft, um die Steuerabzüge im Zusammenhang mit der Vesting-Phase einer Restricted Stock Unit (RSU) zu begleichen. Die Preise der einzelnen Transaktionen lagen zwischen 40,91 $ und 42,05 $.

Nach der Transaktion beträgt Schulmans wirtschaftliches Eigentum 153.888 Class A Aktien, einschließlich unverfallener RSUs und Aktien, die im Rahmen des Mitarbeiteraktienkaufplans des Unternehmens angesammelt wurden. Es wurden keine Derivate erworben oder veräußert, und es wurde kein 10b5-1 Handelsplan angegeben.

Das am 18. Juni 2025 eingereichte Form 4 spiegelt eine routinemäßige steuerbedingte Veräußerung wider und keine offene Marktveräußerung der Kernbeteiligungen des Geschäftsführers. Der gemeldete Verkauf entspricht etwa 4,6 % des Anteils des Insiders nach der Transaktion und einem unbedeutenden Anteil des Streubesitzes von GitLab, wodurch die direkte Marktwirkung begrenzt ist.

Positive
  • Insider retains a substantial 153,888-share position, maintaining alignment with shareholder interests.
Negative
  • Chief Legal Officer sold 7,094 shares, an insider sale that some investors may view cautiously even though it was tax-related.

Insights

TL;DR: Routine tax-related sale, negligible float impact, insider retains large stake.

The 7,094-share sale equates to roughly US$295k in gross proceeds and less than 0.2% of GitLab’s ~75 million Class A shares outstanding. Because the disposition was explicitly to cover RSU tax obligations, it does not signal a change in management’s outlook. Schulman still controls ~154k shares, preserving alignment with shareholders. From a liquidity standpoint, the volume is immaterial and unlikely to pressure near-term trading dynamics. I view the filing as neutral for the investment thesis.

TL;DR: Compliance disclosure, no 10b5-1 plan, minimal governance concern.

The filing demonstrates timely Section 16 compliance. While the box for a Rule 10b5-1 plan is unchecked, the motivation—tax withholding—reduces any appearance of opportunistic selling. Schulman’s remaining equity stake continues to provide incentive alignment. There are no red flags regarding undisclosed derivative positions or concentrated disposals by multiple insiders. Overall governance impact is neutral.

GitLab Inc. (GTLB) – Transazione interna Form 4

Il Chief Legal Officer e Corporate Secretary Robin Schulman ha comunicato la vendita di 7.094 azioni di Classe A il 16 giugno 2025, a un prezzo medio ponderato di 41,63 $. Secondo le note a piè di pagina, le azioni sono state vendute automaticamente per soddisfare il pagamento delle imposte relative al vesting di un premio in azioni vincolate (RSU). I prezzi delle singole operazioni sono variati tra 40,91 $ e 42,05 $.

Dopo la transazione, la partecipazione beneficiaria di Schulman ammonta a 153.888 azioni di Classe A, cifra che include RSU non ancora maturate e azioni accumulate tramite il Piano di Acquisto Azionario per Dipendenti della società. Non sono stati acquisiti né ceduti strumenti derivati, né è stato indicato alcun piano di trading 10b5-1.

Il modulo Form 4, depositato il 18 giugno 2025, riflette una normale disposizione fiscale piuttosto che una riduzione sul mercato aperto delle partecipazioni principali dell’esecutivo. La vendita segnalata rappresenta circa il 4,6% della partecipazione post-transazione dell’insider e una quota irrilevante del flottante di GitLab, limitando il suo impatto diretto sul mercato.

GitLab Inc. (GTLB) – Transacción interna Formulario 4

El Chief Legal Officer y Secretario Corporativo Robin Schulman reportó la venta de 7,094 acciones Clase A el 16 de junio de 2025 a un precio promedio ponderado de $41.63. Según las notas al pie, las acciones se vendieron automáticamente para cubrir las retenciones fiscales relacionadas con la adquisición de una concesión de unidades restringidas de acciones (RSU). Los precios de las operaciones individuales oscilaron entre $40.91 y $42.05.

Tras la transacción, la propiedad beneficiaria de Schulman es de 153,888 acciones Clase A, cifra que incluye RSU no adquiridas y acciones acumuladas bajo el Plan de Compra de Acciones para Empleados de la empresa. No se adquirieron ni dispusieron valores derivados, ni se indicó ningún plan de negociación 10b5-1.

El Formulario 4, presentado el 18 de junio de 2025, refleja una disposición rutinaria relacionada con impuestos en lugar de una reducción en el mercado abierto de las participaciones principales del ejecutivo. La venta reportada representa aproximadamente el 4.6% de la participación posterior a la transacción del insider y una fracción insignificante del flotante de GitLab, limitando su impacto directo en el mercado.

GitLab Inc. (GTLB) – Form 4 내부자 거래 보고

법무총괄 및 기업 비서인 Robin Schulman이 2025년 6월 16일에 7,094주 클래스 A 주식 매도를 보고했으며, 가중평균 가격은 $41.63였습니다. 각 거래 가격은 $40.91에서 $42.05 사이였습니다. 각주에 따르면, 이 주식들은 제한 주식 단위(RSU) 부여의 권리 확정에 따른 세금 원천징수를 충당하기 위해 자동으로 매도된 것입니다.

거래 후 Schulman의 실질 소유 주식 수는 153,888주 클래스 A 주식이며, 이는 미확정 RSU와 회사 직원 주식 구매 계획에 따른 주식을 포함합니다. 파생 증권의 취득 또는 처분은 없었으며, 10b5-1 거래 계획도 명시되지 않았습니다.

2025년 6월 18일 제출된 Form 4는 경영진의 핵심 보유 주식의 공개시장 매도가 아닌, 세금 관련 일상적 처분임을 나타냅니다. 보고된 매도는 내부자의 거래 후 지분의 약 4.6%에 해당하며 GitLab의 유통 주식 중 미미한 비중으로, 직접적인 시장 영향은 제한적입니다.

GitLab Inc. (GTLB) – Transaction d’initié Formulaire 4

Le Chief Legal Officer et Secrétaire Général Robin Schulman a déclaré la vente de 7 094 actions de Classe A le 16 juin 2025, à un prix moyen pondéré de 41,63 $. Selon les notes de bas de page, les actions ont été vendues automatiquement pour couvrir la retenue d’impôt liée à l’acquisition de droits sur une attribution d’unités d’actions restreintes (RSU). Les prix des transactions individuelles variaient entre 40,91 $ et 42,05 $.

À la suite de la transaction, la propriété bénéficiaire de Schulman s’élève à 153 888 actions de Classe A, incluant les RSU non acquises ainsi que les actions accumulées dans le cadre du Plan d’Achat d’Actions des Employés de la société. Aucun titre dérivé n’a été acquis ou cédé, et aucun plan de trading 10b5-1 n’a été mentionné.

Le formulaire 4, déposé le 18 juin 2025, reflète une disposition fiscale de routine plutôt qu’une réduction des participations principales de l’exécutif sur le marché ouvert. La vente déclarée représente environ 4,6 % de la participation post-transaction de l’initié et une fraction négligeable du flottant de GitLab, limitant ainsi son impact direct sur le marché.

GitLab Inc. (GTLB) – Insider-Transaktion Form 4

Chief Legal Officer & Corporate Secretary Robin Schulman meldete den Verkauf von 7.094 Class A Aktien am 16. Juni 2025 zu einem gewichteten Durchschnittspreis von 41,63 $. Laut Fußnoten wurden die Aktien automatisch verkauft, um die Steuerabzüge im Zusammenhang mit der Vesting-Phase einer Restricted Stock Unit (RSU) zu begleichen. Die Preise der einzelnen Transaktionen lagen zwischen 40,91 $ und 42,05 $.

Nach der Transaktion beträgt Schulmans wirtschaftliches Eigentum 153.888 Class A Aktien, einschließlich unverfallener RSUs und Aktien, die im Rahmen des Mitarbeiteraktienkaufplans des Unternehmens angesammelt wurden. Es wurden keine Derivate erworben oder veräußert, und es wurde kein 10b5-1 Handelsplan angegeben.

Das am 18. Juni 2025 eingereichte Form 4 spiegelt eine routinemäßige steuerbedingte Veräußerung wider und keine offene Marktveräußerung der Kernbeteiligungen des Geschäftsführers. Der gemeldete Verkauf entspricht etwa 4,6 % des Anteils des Insiders nach der Transaktion und einem unbedeutenden Anteil des Streubesitzes von GitLab, wodurch die direkte Marktwirkung begrenzt ist.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schulman Robin

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

(Street)
NOT APPLICABLE DE

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer & Corp Sec
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/16/2025 F 7,094(1) D $41.63(2) 153,888(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of GitLab Inc.'s (the "Company") Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of a portion of a restricted stock unit award.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.91 to $42.05, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
3. Includes shares of Class A Common Stock that have not yet vested. This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
Remarks:
/s/ Robin Schulman 06/18/2025
** 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 4 (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

How many GitLab (GTLB) shares did Robin Schulman sell?

The Form 4 reports a sale of 7,094 Class A shares.

What was the average sale price for the shares?

The weighted-average sale price was $41.63, with trades between $40.91 and $42.05.

Why were the shares sold?

According to the filing, the shares were sold to cover tax obligations triggered by RSU vesting.

How many GitLab shares does the insider still own after the sale?

Schulman now beneficially owns 153,888 Class A shares, including unvested RSUs and ESPP shares.

When was the Form 4 for GitLab filed with the SEC?

The document was filed on 18 June 2025.
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