[Form 4] Gitlab Inc. Insider Trading Activity
Simon Mundy, Chief Accounting Officer of GitLab Inc. (GTLB), reported a sale of 5,191 shares of Class A common stock executed on 10/01/2025 at a price of $43.99 per share. After the reported sale, the reporting person beneficially owned 53,507 shares, a total that the filing notes includes shares that have not yet vested. The filing states the sales were executed under a pre-established Rule 10b5-1 trading plan entered on 6/23/2025, and the Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 10/02/2025. The document provides transaction code S indicating a sale and notes unvested shares are included in the post-transaction ownership total.
- Sale executed under a documented Rule 10b5-1 trading plan (entered 6/23/2025), providing compliance transparency
- Form 4 discloses post-transaction holdings including a clear share count of 53,507
- Insider sold 5,191 shares, reducing immediate beneficial holdings
- Post-transaction beneficial ownership includes unvested shares, which may limit immediate alignment clarity
Insights
Insider sale executed under a documented 10b5-1 plan; holdings remain concentrated.
The Form 4 shows a reported sale of 5,191 Class A shares at $43.99 on 10/01/2025 by Chief Accounting Officer Simon Mundy. The filing explicitly states the sale was made pursuant to a Rule 10b5-1 trading plan entered on 6/23/2025, which documents preclearance and timing of the trades.
Post-sale beneficial ownership is reported as 53,507 shares, and the filing clarifies that this figure includes shares that have not yet vested. The clear disclosure and plan citation improve transparency; the remaining ownership figure indicates ongoing executive exposure to company equity.