GitLab Insider Sale: Sabrina Farmer Disposes 10,647 Shares to Cover Taxes

Rhea-AI Filing Summary

Sabrina Farmer, Chief Technology Officer and director of GitLab Inc. (GTLB), reported a sale of 10,647 shares of Class A common stock on 09/16/2025 to satisfy tax withholding from the vesting of restricted stock units. The filing shows a weighted-average sale price of $49.80, with individual trade prices ranging from $49.01 to $50.44. After the sale, the reporting person beneficially owns 243,446 shares, which the filing notes includes shares that have not yet vested. The sale was reported on a Form 4 prepared and signed by an attorney-in-fact.

Positive

• Transparent disclosure of the sale tied to RSU tax withholding with price range and weighted-average price provided
• Significant retained ownership remains: 243,446 shares beneficially owned, including unvested shares

Negative

• None.

Insights

Financial Analyst

TL;DR Routine insider sale to cover taxes; not a signal of change in ownership control.

The transaction is a common post-vesting disposition where an executive sold 10,647 Class A shares to satisfy tax obligations tied to restricted stock unit vesting. The weighted-average price of $49.80 falls within a narrow range of $49.01 to $50.44, indicating the sales were executed over multiple trades at similar prices. The reporting person continues to hold a sizable stake of 243,446 shares, including unvested awards, which suggests ongoing alignment with shareholder interests. This Form 4 is informational and does not indicate a material shift in ownership or corporate strategy.

Corporate Governance Expert

TL;DR Transaction appears procedural and disclosed properly; governance implications are minimal.

The filing documents a tax-withholding sale following RSU vesting, a common and transparent mechanism for executives to meet tax liabilities. The continued beneficial ownership of 243,446 shares, including unvested units, maintains the executive's economic exposure to company performance. The Form 4 was executed via attorney-in-fact and contains required disclosures about price ranges and remaining unvested shares. There is no indication of unusual trading patterns or insider-driven signaling in this disclosure.

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
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).

1. Name and Address of Reporting Person^*

Farmer Sabrina

(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 Technology Officer

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		10,647(1)	D	$49.8(2)	243,446(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, Attorney-in-Fact for Sabrina Farmer	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 did GTLB insider Sabrina Farmer sell?

The filing reports the sale of 10,647 shares of Class A common stock to satisfy tax obligations from RSU vesting.

At what price were the GTLB shares sold by Sabrina Farmer?

The weighted-average sale price was reported as $49.80, with individual trade prices ranging from $49.01 to $50.44.

How many GTLB shares does Sabrina Farmer own after the reported sale?

The filing shows beneficial ownership of 243,446 shares following the reported transactions; this figure includes unvested shares.

Why were the shares sold according to the Form 4?

The shares were sold to satisfy tax withholding obligations arising from the vesting of restricted stock units.

Was the Form 4 properly executed for this GTLB insider filing?

Yes; the report was signed by an attorney-in-fact on behalf of the reporting person, as disclosed in the filing.