GitLab technology chief sells 51,915 shares
The footnotes give distinct execution ranges for the multiple trades behind each weighted-average price.
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Rhea-AI Filing Summary
GitLab Inc. (GTLB) Chief Technology Officer Sivaprasad Padisetty reported three direct sales of Class A Common Stock totaling 51,915 shares on September 28, 2026. The sales were 12,900 shares at a weighted average price of $44.83 per share, 33,095 shares at $46.05 per share, and 5,920 shares at $46.32 per share. The transactions were executed pursuant to a Rule 10b5-1 trading plan entered into June 29, 2026.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 12,900 | $44.83 | $578K |
| Sale | Class A Common Stock F1, F3 | 33,095 | $46.05 | $1.52M |
| Sale | Class A Common Stock F1, F4, F5 | 5,920 | $46.32 | $274K |
Footnotes (5)
- F1. This transaction was executed pursuant to a trading plan entered into by the reporting person, on June 29, 2026 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.27 to $45.18, 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 2, footnote 3, and footnote 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.27 to $46.26, inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.27 to $46.43, inclusive.
- F5. Includes shares of Class A Common Stock that have not yet vested.
Key Figures
Key Terms
Rule 10b5-1 regulatory
weighted average price financial
not yet vested financial
FAQ
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What execution price ranges were reported for the GTLB insider sales?
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