Gitlab CLO reports tax-withholding share sale
Gitlab Inc. Chief Legal Officer and Corporate Secretary Robin Schulman reported a tax-related share disposition tied to restricted stock unit vesting.
Rhea-AI Filing Summary
Gitlab Inc. Chief Legal Officer and Corporate Secretary Robin Schulman reported a tax-related share disposition tied to restricted stock unit vesting. Schulman had 4,359 shares of Class A Common Stock sold to satisfy tax obligations at a weighted average price of $22.65 per share, with individual sale prices ranging from $22.43 to $22.91. After this transaction, Schulman holds 131,584 shares of Class A Common Stock, which includes shares that have not yet vested. This event reflects tax-withholding mechanics rather than an open-market investment decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,359 | $22.65 | $99K |
Footnotes (3)
- F1. Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of restricted stock units.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $22.91, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gitlab (GTLB) report for Robin Schulman?
Was the Gitlab (GTLB) insider transaction an open-market sale?
What role does Robin Schulman hold at Gitlab (GTLB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.