[Form 4] Gitlab Inc. Insider Trading Activity
Simon Mundy, Chief Accounting Officer of GitLab Inc. (GTLB), reported a grant of 15,862 time‑based restricted stock units (RSUs) on 09/20/2025. Each RSU represents a contingent right to one share of Class A Common Stock and the award is $0 per share (a grant). The RSUs vest over a four‑year period with 1/16 of the grant vesting on each Quarterly Vesting Date (December 15, March 15, June 15, September 15), beginning December 15, 2025. The form shows 58,698 shares of Class A Common Stock beneficially owned following the transaction, which includes unvested shares. The filing is signed by an attorney‑in‑fact, Rashmi Chachra, dated 09/23/2025.
- 15,862 RSU grant recorded, indicating equity compensation rather than cash outlay
- Clear vesting schedule: 1/16 of grant vests each quarterly date beginning December 15, 2025
- Total beneficial ownership disclosed as 58,698 Class A shares, including unvested RSUs
- None.
Insights
TL;DR: This filing reports a routine executive RSU grant with a four‑year quarterly vesting schedule and no cash consideration.
The reported grant of 15,862 RSUs to the Chief Accounting Officer is a non‑cash equity compensation event: price is listed as $0 and vesting is time‑based over four years beginning December 15, 2025. For investors, this indicates continued compensation via equity rather than cash and modest incremental potential share issuance as those RSUs vest. The filing lists total beneficial ownership of 58,698 Class A shares, which aggregates vested and unvested holdings for the reporting person.
TL;DR: Standard insider grant disclosed under Section 16, showing typical multi‑year time‑based vesting.
The Form 4 documents a time‑based RSU grant with explicit quarterly vesting terms (1/16 per quarter). The presence of an attorney‑in‑fact signature is noted, indicating the filing was executed by a designated representative. This is a routine disclosure of equity compensation and provides transparency on the executive's ownership and vesting cadence.