GitLab director’s trust sells 73,459-share block
The reported weighted-average sale prices correspond to separate trade ranges of $52.41–$53.40 and $53.41–$53.71.
Sentiment and the balance of points
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Rhea-AI Filing Summary
The Sytse Sijbrandij Revocable Trust, of which GitLab Inc. director Sytse Sijbrandij is sole trustee, sold 73,459 shares of Class A common stock at a weighted average of $53.13 per share and 42,741 shares at a weighted average of $53.52 per share on October 19, 2026. Both sales were executed under a Rule 10b5-1 trading plan entered into June 25, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 73,459 | $53.13 | $3.90M |
| Sale | Class A Common Stock F1, F4, F3 | 42,741 | $53.52 | $2.29M |
Footnotes (4)
- F1. This transaction was executed pursuant to a trading plan entered into by the reporting person, as the sole trustee of the Sytse Sijbrandij Revocable Trust dated February 21, 2019, on June 25, 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 $52.41 to $53.40, 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 and footnote 4.
- F3. These securities are held by the Sytse Sijbrandij Revocable Trust dated February 21, 2019, of which the Reporting Person is the sole trustee.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.41 to $53.71, inclusive.
Key Figures
Key Terms
Rule 10b5-1 regulatory
weighted average price financial
Class A Common Stock financial
FAQ
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What price ranges did the GTLB director’s trust sales cover?
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