Gitlab CEO has 26,425 shares withheld for tax
Gitlab’s CEO had shares withheld to cover RSU tax liabilities, leaving over 700,000 Class A shares held directly.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Gitlab Inc. (GTLB) reported that Chief Executive Officer and director William Staples had 26,425 shares of Class A Common Stock withheld on September 15, 2026 to pay tax liabilities arising from the net settlement of restricted stock units. After this tax-withholding disposition, he holds 732,403 shares directly, including unvested shares.
No Rule 10b5-1 trading plan is reported for this transaction, and the shares were withheld by the issuer rather than sold in the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 26,425 | $49.25 | $1.30M |
Footnotes (2)
- F1. The reported transaction represents the number of shares of Class A Common Stock that were withheld by the Issuer to satisfy tax liabilities incurred in connection with the net settlement of restricted stock units.
- F2. Includes shares of Class A Common Stock that have not yet vested.
Key Figures
Key Terms
net settlement financial
restricted stock units financial
withheld by the Issuer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gitlab (GTLB) report for CEO William Staples?
Was the Gitlab (GTLB) CEO’s September 2026 transaction an open-market sale?
Was the Gitlab (GTLB) CEO’s Form 4 transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.