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Gitlab (NASDAQ: GTLB) awards 7,555 RSUs to director Karen Blasing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BLASING KAREN

(Last)(First)(Middle)
C/O GITLAB INC.

(Street)
NOT APPLICABLE DELAWARE

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/17/2026A7,555(1)A$0104,944(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for Karen Blasing06/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Gitlab (GTLB) shares does Karen Blasing own after this RSU grant?

After the RSU award, Karen Blasing beneficially owns 104,944 shares of Gitlab Class A Common Stock. This total includes shares that are subject to outstanding restricted stock units which have been granted but have not yet fully vested under their terms.

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.