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.
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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.
How many GitLab (GTLB) shares does the reporting person still own after these transactions?
After the reported transactions, Chief Accounting Officer Simon Mundy beneficially owned 47,184 shares of GitLab Inc. Class A common stock, including shares that have not yet vested.
Were any GitLab (GTLB) shares sold to cover taxes from equity awards?
Yes. The filing states that 2,844 shares of GitLab Inc.'s Class A common stock were sold to satisfy tax obligations arising from the vesting of restricted stock units.
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.