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GitLab (GTLB) CRO disposes 10,961 shares to cover RSU taxes

(Moderate)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. 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.
  3. F3. Includes shares of Class A Common Stock that have not yet vested.
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
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.

How many GitLab (GTLB) shares were used to cover Ian Steward’s tax obligations?

A total of 10,961 GitLab Class A Common Stock shares were disposed of to satisfy Ian Steward’s tax obligations from restricted stock unit vesting, according to the Form 4 and accompanying footnote describing the tax-withholding transaction.

What price was reported for Ian Steward’s GitLab (GTLB) tax-withholding share disposition?

The Form 4 reports a weighted average price of $27.29 per share. A footnote explains the shares were sold in multiple transactions within a range of $26.51 to $27.80 to satisfy tax obligations from RSU vesting.

How many GitLab (GTLB) shares does Ian Steward hold after this Form 4 transaction?

Following the tax-withholding disposition, Ian Steward holds 359,016 shares of GitLab Class A Common Stock directly. A footnote notes this figure includes shares that have not yet vested under his restricted stock unit awards.

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.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steward Ian

(Last)(First)(Middle)
C/O GITLAB INC.

(Street)
NOT APPLICABLE DELAWARE

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/17/2026F10,961(1)D$27.29(2)359,016(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for Ian Steward06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)