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Gitlab (NASDAQ: GTLB) director awarded 7,555 RSUs for board service

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gitlab Inc. director David J. Henshall received an equity grant in the form of restricted stock units for his non-employee board service. He was awarded 7,555 RSUs of Class A Common Stock at no cash cost, bringing his direct holdings to 17,879 shares, including unvested amounts.

Each RSU converts into one share of Class A Common Stock upon vesting. The RSUs will fully vest on the earlier of the next annual stockholder meeting or one year from the grant date, as long as Henshall continues serving on the board through that vesting date.

Positive

  • None.

Negative

  • None.
Insider HENSHALL DAVID J
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 7,555 $0.00 --
Holdings After Transaction: Class A Common Stock — 17,879 shares (Direct, null)
Footnotes (1)
  1. Represents an annual grant of restricted stock units ("RSUs") for non-employee board service. Each RSU represents a right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock upon vesting. The shares underlying the RSUs will fully vest on the earlier of (1) the date of the following year's annual meeting of the Company's stockholders, and (2) the date that is one year following the date of grant (the "Vesting Date"), subject to the reporting person's continued service to the Company on the applicable Vesting Date. Includes shares of Class A Common Stock that have not yet vested.
RSU grant size 7,555 RSUs Annual grant for non-employee board service
Grant price per share $0.00 per share Equity compensation, not an open-market purchase
Shares held after grant 17,879 shares Total direct holdings after transaction, including unvested RSUs
Vesting timeline Earlier of next annual meeting or one year RSUs fully vest subject to continued service
restricted stock units ("RSUs") financial
"Represents an annual grant of restricted stock units ("RSUs") for non-employee board service."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a right to receive one share of Gitlab Inc. Class A Common Stock upon vesting."
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.
Vesting Date financial
"one year following the date of grant (the "Vesting Date"), subject to the reporting person's continued service"
non-employee board service financial
"Represents an annual grant of restricted stock units ("RSUs") for non-employee board service."
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Learn about SEC filing dates
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*
HENSHALL DAVID J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock06/17/2026A7,555(1)A$017,879(2)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 an annual grant of restricted stock units ("RSUs") for non-employee board service. Each RSU represents a right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock upon vesting. The shares underlying the RSUs will fully vest on the earlier of (1) the date of the following year's annual meeting of the Company's stockholders, and (2) the date that is one year following the date of grant (the "Vesting Date"), subject to the reporting person's continued service to the Company on the applicable Vesting Date.
2. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-fact for David J. Henshall06/22/2026
** 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)

FAQ

What did Gitlab (GTLB) director David J. Henshall receive in this Form 4 filing?

David J. Henshall received a grant of 7,555 restricted stock units (RSUs) of Gitlab Class A Common Stock for non-employee board service. These RSUs are equity compensation, not an open-market purchase, and convert into shares when they vest according to the stated schedule.

How many Gitlab (GTLB) shares does David J. Henshall hold after this RSU grant?

After the grant, David J. Henshall holds 17,879 shares of Gitlab Class A Common Stock directly. This total includes shares underlying RSUs that have not yet vested, reflecting his full reported equity position from this filing rather than only currently vested shares.

What are the vesting terms of the Gitlab (GTLB) RSUs granted to David J. Henshall?

The 7,555 RSUs will fully vest on the earlier of Gitlab’s next annual stockholder meeting or one year from the grant date. Vesting is conditional on Henshall’s continued service to the company through the applicable vesting date described in the filing footnote.

Did David J. Henshall pay cash for the Gitlab (GTLB) RSU grant reported on Form 4?

No, the RSU grant was awarded at a reported price of $0.00 per share, reflecting stock-based compensation. RSUs are granted as part of non-employee board compensation and convert into shares upon vesting, rather than being purchased in the open market.

Is the Gitlab (GTLB) Form 4 for David J. Henshall a routine board compensation grant?

Yes, the filing describes the award as an annual grant of RSUs for non-employee board service. The structure and vesting terms follow a standard director compensation arrangement, contingent on continued service until the specified vesting date or the next annual meeting.