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[Form 4] Gitlab Inc. Insider Trading Activity

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

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.

Positive
  • 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
Negative
  • 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.

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*
Mundy Simon

(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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025
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 09/20/2025 A 15,862(1) A $0 58,698(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of time-based restricted stock units ("RSU"), 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. The RSUs shall be satisfied over a four-year period, 1/16 of the grant shall vest on each Quarterly Vesting Date beginning December 15, 2025. "Quarterly Vesting Date" means each of December 15, March 15, June 15, and September 15.
2. Includes shares of Class A Common Stock that have not yet vested.
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 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

What did the Form 4 for GTLB filed by Simon Mundy report?

The Form 4 reports a grant of 15,862 time‑based RSUs on 09/20/2025 and shows 58,698 Class A shares beneficially owned following the transaction.

When do the RSUs granted to Simon Mundy begin vesting?

Vesting begins on December 15, 2025 and occurs quarterly on December 15, March 15, June 15, and September 15, with 1/16 of the grant vesting each Quarterly Vesting Date.

What price was associated with the RSU grant on the Form 4?

The transaction price is listed as $0, consistent with a standard RSU grant representing a contingent right to company shares.

Who signed the Form 4 on behalf of Simon Mundy?

The Form 4 was signed by Rashmi Chachra, Attorney‑in‑Fact for Simon Mundy, dated 09/23/2025.

Does the Form 4 show vested vs. unvested shares for Simon Mundy?

The filing shows 58,698 Class A shares beneficially owned following the transaction and notes that this total includes shares that have not yet vested.
Gitlab Inc.

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7.11B
143.41M
3.75%
88.72%
8.22%
Software - Infrastructure
Services-prepackaged Software
Link
United States
SAN FRANCISCO