GitLab CTO sells 30,888 shares for taxes

GitLab’s CTO had shares withheld and sold to cover taxes on RSU vesting, and continues to hold over four hundred thousand Class A shares.

Rhea-AI Filing Summary

Gitlab Inc. (GTLB) reported that its Chief Technology Officer, Padisetty Sivaprasad, had 30,888 shares of Class A Common Stock disposed of on September 16, 2026 to satisfy tax obligations from the vesting of a restricted stock unit award. The weighted average price for these shares was $48.77 per share, with individual trades ranging from $48.06 to $49.21. Following this tax-withholding transaction, Sivaprasad held 429,126 shares of Class A Common Stock directly, which includes shares that have not yet vested.

Insider Trade Summary

Tax Withholding: 30,888 shares

Tax Withholding 1 txn

Insider Padisetty Sivaprasad

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2, F3	30,888	$48.77	$1.51M

Holdings After Transaction: Class A Common Stock — 429,126 shares (Direct)

Footnotes (3)

1. F1. 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. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.06 to $49.21, 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. F3. Includes shares of Class A Common Stock that have not yet vested.

Key Figures

Shares disposed: 30,888 shares Weighted average price: $48.77 per share Price range of transactions: $48.06–$49.21 per share +2 more

5 metrics

Shares disposed 30,888 shares Shares of Class A Common Stock used to satisfy tax obligations on September 16, 2026

Weighted average price $48.77 per share Weighted average price for the 30,888 shares disposed

Price range of transactions $48.06–$49.21 per share Range of individual trade prices for the disposed shares

Shares held after transaction 429,126 shares Direct holdings of Class A Common Stock by the CTO after the transaction, including unvested shares

Transaction date September 16, 2026 Date of the tax-withholding disposition

Key Terms

restricted stock unit, weighted average price, Class A Common Stock

3 terms

restricted stock unit financial

"tax obligations arising as a result of the vesting of a portion of a restricted stock unit award"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Class A Common Stock financial

"Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

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

What insider transaction did Gitlab Inc. (GTLB) disclose for CTO Padisetty Sivaprasad?

GitLab disclosed that CTO Padisetty Sivaprasad had 30,888 shares of Class A Common Stock disposed of on September 16, 2026 to satisfy tax obligations arising from the vesting of a restricted stock unit award.

Was the Gitlab (GTLB) CTO’s Form 4 transaction an open-market sale?

No. The Form 4 states the 30,888 shares were sold to satisfy tax obligations from RSU vesting, which is characterized as payment of tax liability by delivering or withholding securities, rather than a discretionary open-market sale for investment purposes.

What price range applied to the Gitlab (GTLB) CTO’s tax-related share sale?

The filing reports a weighted average price of $48.77 per share, with the individual transactions executed at prices ranging from $48.06 to $49.21 per share, inclusive.

How many Gitlab (GTLB) shares does the CTO hold after this Form 4 transaction?

After the reported transaction, CTO Padisetty Sivaprasad directly holds 429,126 shares of GitLab Class A Common Stock. The filing notes that this figure includes shares that have not yet vested under equity awards.

Did the Gitlab (GTLB) Form 4 indicate use of a Rule 10b5-1 trading plan?

No. The document-level checkbox indicates no Rule 10b5-1 trading plan for this transaction, and the footnotes describe the sale as being made to cover tax obligations from RSU vesting instead.

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

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Available on EDGAR 09/18/2026 - 06:03 PM Accepted by SEC EDGAR 09/18/2026 - 06:02 PM Learn about SEC filing dates

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^*

Padisetty Sivaprasad

(Last) (First) (Middle)

C/O GITLAB INC.

(Street)

NOT APPLICABLE DELAWARE

(City) (State) (Zip)

UNITED STATES

(Country)

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 Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/16/2026		F		30,888(1)	D	$48.77(2)	429,126(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 $48.06 to $49.21, 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.

Remarks:

	/s/ Thomas J. Lloyd, Attorney-in-Fact for Sivaprasad Padisetty	09/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)