STOCK TITAN

Gitlab (NASDAQ: GTLB) director sells 32,500 shares in open market

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Gitlab Inc. director Susan L. Bostrom reported selling a total of 32,500 shares of Class A Common Stock in open-market transactions on March 27, 2026. She sold 10,000 shares at a weighted average price of $20.45 and 22,500 shares at $20.32 per share. Following these sales, she directly holds 17,319 Class A shares, which include shares that have not yet vested. One sale was executed through multiple trades within a price range of $20.26 to $20.47.

Positive

  • None.

Negative

  • None.
Insider BOSTROM SUSAN L
Role Director
Sold 32,500 shs ($662K)
Type Security Shares Price Value
Sale Class A Common Stock 10,000 $20.45 $205K
Sale Class A Common Stock 22,500 $20.32 $457K
Holdings After Transaction: Class A Common Stock — 39,819 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.26 to $20.47, 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 1. Includes shares of Class A Common Stock has have not yet vested.
First sale size 10,000 shares Class A Common Stock sold March 27, 2026
First sale price $20.45 per share Weighted average price for 10,000-share sale
Second sale size 22,500 shares Class A Common Stock sold March 27, 2026
Second sale price $20.32 per share Open-market sale price
Total shares sold 32,500 shares Aggregate net-sell reported in transaction summary
Shares owned after 17,319 shares Direct Class A holdings following transactions
Trade price range $20.26–$20.47 Range for trades underlying weighted average price
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
BOSTROM SUSAN L

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/27/2026S10,000D$20.4539,819D
Class A Common Stock03/27/2026S22,500D$20.32(1)17,319(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.26 to $20.47, 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 1.
2. Includes shares of Class A Common Stock has have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for Susan L. Bostrom03/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Gitlab (GTLB) director Susan Bostrom report?

Gitlab director Susan L. Bostrom reported selling 32,500 shares of Class A Common Stock in open-market transactions on March 27, 2026, at prices around $20 per share, as disclosed in a Form 4 insider trading report.

How many Gitlab (GTLB) shares did Susan Bostrom sell and at what prices?

Susan Bostrom sold 10,000 Gitlab Class A shares at a weighted average price of $20.45 and an additional 22,500 shares at $20.32 per share, all reported as open-market sales on March 27, 2026.

How many Gitlab (GTLB) shares does Susan Bostrom own after the reported sales?

After the reported sales, Susan Bostrom directly owns 17,319 shares of Gitlab Class A Common Stock. This figure includes shares that have not yet vested, according to the ownership details disclosed in the Form 4 filing.

Were Susan Bostrom’s Gitlab (GTLB) share sales executed in multiple trades?

Yes. One block of Susan Bostrom’s sales was executed at a weighted average price, with individual trades ranging from $20.26 to $20.47 per share, as specified in a footnote to the Form 4 filing.

Is Susan Bostrom’s Gitlab (GTLB) share ownership direct or indirect?

The Form 4 indicates Susan Bostrom’s Gitlab holdings as direct ownership. The reported 17,319 Class A shares following the transactions are held directly in her name, including shares that have not yet vested.
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148.03M
Software - Infrastructure
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United States
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