Gitlab (NASDAQ: GTLB) awards 7,555 RSUs to director Karen Blasing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLASING KAREN reported acquisition or exercise transactions in this Form 4 filing.
Gitlab Inc. director Karen Blasing received an annual equity grant for non-employee board service in the form of 7,555 restricted stock units (RSUs), each representing 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, subject to her continued service. Following this award, she holds 104,944 shares of Class A Common Stock, including unvested shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BLASING KAREN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,555 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 104,944 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs granted: 7,555 shares
Transaction price per share: $0.00 per share
Total shares after transaction: 104,944 shares
+1 more
4 metrics
RSUs granted
7,555 shares
Annual RSU grant for non-employee board service on 2026-06-17
Transaction price per share
$0.00 per share
Compensation grant of RSUs, not an open-market purchase
Total shares after transaction
104,944 shares
Class A Common Stock beneficially owned following the RSU award
Acquisition transactions in filing
1 transaction
Form 4 transaction summary shows one acquisition by grant/award
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual meeting of the Company's stockholders, vesting
4 terms
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.
annual meeting of the Company's stockholders financial
"will fully vest on the earlier of (1) the date of the following year's annual meeting of the Company's stockholders"
vesting financial
"The shares underlying the RSUs will fully vest on the earlier of the meeting date or one year following grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Gitlab (GTLB) report for director Karen Blasing?
Gitlab reported that director Karen Blasing received a grant of 7,555 restricted stock units as annual compensation for non-employee board service. Each RSU converts into one share of Class A Common Stock when it vests, increasing her equity-based compensation.
How many Gitlab (GTLB) RSUs were granted to Karen Blasing and at what price?
Karen Blasing was granted 7,555 restricted stock units with an indicated transaction price per share of $0.00. This reflects a compensation award, not an open-market purchase, and each RSU represents a right to receive one Class A Common share upon vesting.
What is the vesting schedule for Karen Blasing’s new Gitlab (GTLB) RSUs?
The RSUs will fully vest on the earlier of the date of Gitlab’s next annual stockholder meeting or one year after the grant date. Vesting is conditioned on Karen Blasing’s continued service to the company through the applicable vesting date.
Was Karen Blasing’s Gitlab (GTLB) Form 4 transaction a market purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not a market purchase. The transaction is coded as an acquisition by grant or award, with 7,555 restricted stock units issued for non-employee board service at a reported price of $0.00 per share.