GitLab (GTLB) CRO disposes 10,961 shares to cover RSU taxes
Rhea-AI Filing Summary
GitLab Inc. Chief Revenue Officer Ian Steward had 10,961 shares of Class A Common Stock disposed of on June 17, 2026 to satisfy tax obligations from the vesting of a restricted stock unit award, at a weighted average price of $27.29 per share. After this tax-withholding disposition, he holds 359,016 shares directly, including unvested shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,961 shares
Net Sell
1 txn
Insider
Steward Ian
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 10,961 | $27.29 | $299K |
Holdings After Transaction:
Class A Common Stock — 359,016 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.
Key Figures
Tax-withholding shares disposed: 10,961 shares
Weighted average price: $27.29 per share
Post-transaction holdings: 359,016 shares
+1 more
4 metrics
Tax-withholding shares disposed
10,961 shares
Class A Common Stock delivered for RSU tax obligations
Weighted average price
$27.29 per share
Price for tax-withholding disposition on June 17, 2026
Post-transaction holdings
359,016 shares
Class A Common Stock held directly after disposition, including unvested
Transaction price range
$26.51–$27.80 per share
Range of individual trade prices within weighted average
Key Terms
restricted stock unit award, weighted average price, Class A Common Stock, tax obligations
4 terms
restricted stock unit award financial
"tax obligations arising as a result of the vesting of a portion of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
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.
Class A Common Stock financial
"Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax obligations financial
"sold to satisfy the reporting person's tax obligations arising as a result of the vesting"
FAQ
What did GitLab (GTLB) Chief Revenue Officer Ian Steward report in this Form 4?
Ian Steward reported a tax-related share disposition, not an open-market sale. 10,961 GitLab Class A shares were delivered to cover taxes from RSU vesting, with 359,016 shares held directly afterward, including unvested shares.
Was Ian Steward’s GitLab (GTLB) Form 4 transaction an open-market sale?
The transaction was not a discretionary open-market sale. It is coded as a tax-withholding disposition, with shares delivered to cover tax obligations triggered by the vesting of a restricted stock unit award, as described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.