GTLB Insider Sale: 8,973 Shares Disposed to Cover RSU Taxes at ~$49.8

Rhea-AI Filing Summary

Robin Schulman, GitLab Inc.'s Chief Legal Officer and Corporate Secretary, reported the sale of 8,973 shares of Class A Common Stock on 09/16/2025 to satisfy tax obligations from the vesting of restricted stock units. The filings state the shares were sold at a weighted average price of $49.80 with transaction prices ranging from $49.01 to $50.44. After the reported sale, the reporting person beneficially owned 144,915 shares, a total that the filing notes includes shares that have not yet vested. The Form 4 was filed as an individual report by one reporting person and identifies the reporting person as both an officer and director.

Positive

• Sale disclosed as tax-withholding from vested RSUs, indicating the transaction is routine and related to compensation settlement.
• Transparent pricing disclosure with a weighted average price of $49.80 and stated price range of $49.01 to $50.44.

Negative

• Reduction in direct beneficial ownership by 8,973 shares, which decreases the reporting person's immediately owned stake.
• Beneficial ownership includes unvested shares, which may limit immediate voting/transferable holdings despite being counted in the total.

Insights

Corporate Governance Expert

TL;DR: Insider sold vested shares to cover taxes; transaction appears routine and disclosed per Section 16 requirements.

The sale of 8,973 Class A shares, described as executed to satisfy tax obligations from RSU vesting, is a common liquidity action following equity vesting events. The filing discloses the weighted average sale price of $49.80 and a price range from $49.01 to $50.44, which provides transparency on execution. The report also clarifies that 144,915 shares remain beneficially owned, including unvested shares, which is relevant for assessing ongoing insider alignment with shareholders.

Securities Analyst

TL;DR: Transaction is operationally routine and neither enlarges nor reduces immediate corporate control materially.

The disposition of 8,973 shares against vested RSUs represents a modest liquidity event relative to the total outstanding shares of a public company. The filing states the sale price range and weighted average, which allows assessment of proceeds per share. No derivative transactions or additional disposals are reported in this Form 4. The disclosure meets reporting standards but does not present new material information likely to move valuation on its own.

SEC Form 4

FORM 4

UNITED 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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Schulman Robin

(Last) (First) (Middle)

C/O GITLAB INC.

(Street)

NOT APPLICABLE DE

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/16/2025		F		8,973(1)	D	$49.8(2)	144,915(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.01 to $50.44, 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	09/17/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Robin Schulman report on GitLab (GTLB)?

The report discloses the sale of 8,973 Class A Common Stock shares to satisfy tax obligations from RSU vesting.

At what price were the shares sold in the GTLB Form 4?

The filing reports a weighted average price of $49.80 and sale prices ranged from $49.01 to $50.44.

How many GitLab shares does the reporting person beneficially own after the reported transaction?

The filing states the reporting person beneficially owned 144,915 shares following the transaction, including unvested shares.

Why were the shares sold according to the Form 4?

The Form 4 explains the shares were sold to satisfy the reporting person's tax obligations arising from the vesting of restricted stock units.

Did the Form 4 report any derivative transactions for the reporting person?

No. Table II for derivative securities in the filing contains no reported transactions.