Gitlab CAO has 4,656 shares withheld for tax
Gitlab’s chief accounting officer disposed of shares to cover RSU-related taxes and continues to hold over 100,000 Gitlab Class A shares.
Rhea-AI Filing Summary
Gitlab Inc. (GTLB) reported that Chief Accounting Officer Simon Mundy disposed of 4,656 shares of Class A Common Stock on September 16, 2026 to satisfy tax obligations arising from the vesting of a restricted stock unit award. The shares were transacted at a weighted average price of $48.77 per share, within a range of $48.06 to $49.21. After this tax-withholding disposition, Mundy directly holds 100,676 shares of Class A Common Stock, including shares that have not yet vested, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2, F3 | 4,656 | $48.77 | $227K |
Footnotes (3)
- F1. Represents shares of GitLab Inc.'s (the "Company") Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of a portion of a restricted stock unit award.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.06 to $49.21, 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.
- F3. Includes shares of Class A Common Stock that have not yet vested.
Key Figures
Key Terms
restricted stock unit financial
weighted average price financial
payment of tax liability by delivering or withholding securities financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gitlab (GTLB) disclose for Simon Mundy?
Was the Gitlab (GTLB) insider transaction by Simon Mundy a routine tax-withholding event?
Was Simon Mundy’s Gitlab (GTLB) Form 4 transaction under a Rule 10b5-1 plan?
What transaction code is used in Simon Mundy’s Gitlab (GTLB) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.