GitLab (GTLB) CAO reports Rule 10b5-1 and tax-related stock sales
Rhea-AI Filing Summary
GitLab Inc.'s Chief Accounting Officer Simon Mundy reported several transactions in the company’s Class A common stock. On 12/16/2025, he sold 723 shares at $38 per share under a sale coded "S" and disposed of 2,844 shares coded "F" to cover tax obligations arising from the vesting of restricted stock units, at a weighted average price of $38.20 per share. On 12/18/2025, he sold an additional 2,756 shares at $38.42 per share.
The sales were executed under a trading plan Mundy entered on June 23, 2025 in accordance with Rule 10b5-1. After these transactions, he beneficially owned 47,184 shares of GitLab Class A common stock, which includes shares that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,756 | $38.42 | $106K |
| Sale | Class A Common Stock | 723 | $38.00 | $27K |
| Tax Withholding | Class A Common Stock | 2,844 | $38.20 | $109K |
Footnotes (1)
- The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on June 23, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.60 to $38.52, 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. Includes shares of Class A Common Stock that have not yet vested.
FAQ
What insider stock transactions did GitLab (GTLB) report for its Chief Accounting Officer?
GitLab Inc. reported that Chief Accounting Officer Simon Mundy sold 723 shares of Class A common stock at $38 on 12/16/2025, sold 2,844 shares on 12/16/2025 to satisfy tax obligations from restricted stock unit vesting at a weighted average price of $38.20, and sold 2,756 shares at $38.42 on 12/18/2025.
Were the GitLab (GTLB) insider sales made under a Rule 10b5-1 trading plan?
Yes. The sales were executed pursuant to a Rule 10b5-1 trading plan that the reporting person entered into on June 23, 2025, under the Securities Exchange Act of 1934.
What were the price ranges for the GitLab (GTLB) insider stock sales?
The reported transactions include sales at $38.00 per share and $38.42 per share. The weighted average price of the tax-related sale was $38.20, with individual trades ranging from $37.60 to $38.52.
What is the relationship of the reporting person to GitLab (GTLB)?
The reporting person is an officer of GitLab Inc., serving as the company’s Chief Accounting Officer, as indicated in the form.