Gitlab CLO reports tax-related share sale
Gitlab Inc. Chief Legal Officer & Corporate Secretary Robin Schulman disposed of 7,839 shares of Class A common stock on June 17, 2026 at a weighted average price of $27.29 per share.
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Form Type
4
Rhea-AI Filing Summary
Gitlab Inc. Chief Legal Officer & Corporate Secretary Robin Schulman disposed of 7,839 shares of Class A common stock on June 17, 2026 at a weighted average price of $27.29 per share. The shares were sold solely to cover tax obligations from vesting restricted stock units, and Schulman now holds 203,189 shares directly, including unvested awards and shares from the Employee Stock Purchase Plan.
Insider Trade Summary
Exercise Price or Tax Liability: 7,839 shares
Exercise Price or Tax Liability
1 txn
Insider
Schulman Robin
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 7,839 | $27.29 | $214K |
Holdings After Transaction:
Class A Common Stock — 203,189 shares (Direct)
Footnotes (3)
- 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.51 to $27.80, 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.
- F3. Includes shares of Class A Common Stock that have not yet vested. This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
Key Figures
Shares disposed: 7,839 shares
Weighted average price: $27.29 per share
Post-transaction holdings: 203,189 shares
+2 more
5 metrics
Shares disposed
7,839 shares
Class A common stock tax-withholding disposition
Weighted average price
$27.29 per share
Consideration per share for disposed stock
Post-transaction holdings
203,189 shares
Direct Class A common stock after transaction
Price range of trades
$26.51–$27.80 per share
Range of individual trade prices on transaction date
Tax-withholding shares
7,839 shares
Shares used to satisfy RSU-related tax obligations
Key Terms
restricted stock unit, weighted average price, Employee Stock Purchase Plan, tax-withholding disposition
4 terms
restricted stock unit financial
"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.
Employee Stock Purchase Plan financial
"This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for these shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Gitlab (GTLB) executive Robin Schulman report in this Form 4?
Robin Schulman reported a tax-related disposition of 7,839 Gitlab Class A shares. The shares were sold to satisfy tax obligations triggered by the vesting of a restricted stock unit award, rather than as a discretionary open-market sale for investment purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
