GitLab (GTLB) CEO William Staples buys 4,188 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GitLab Inc. Chief Executive Officer William Staples reported an open-market purchase of 4,188 shares of Class A Common Stock at $29.36 per share on June 30, 2026. Following this transaction, he directly holds 758,828 shares, which include shares that have not yet vested.
The purchase was executed under a pre-arranged trading purchase plan adopted on September 25, 2025 in accordance with Rule 10b5-1, meaning the trades were scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 4,188 shares ($122,960)
Net Buy
1 txn
Insider
Staples William
Role
Chief Executive Officer
Bought
4,188 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 4,188 | $29.36 | $123K |
Holdings After Transaction:
Class A Common Stock — 758,828 shares (Direct, null)
Footnotes (1)
- This transaction was executed pursuant to a trading purchase plan entered into by the reporting person on September 25, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Includes shares of Class A Common Stock has have not yet vested.
Key Figures
Shares purchased: 4,188 shares
Purchase price: $29.36 per share
Shares held after: 758,828 shares
+1 more
4 metrics
Shares purchased
4,188 shares
Open-market purchase of Class A Common Stock on June 30, 2026
Purchase price
$29.36 per share
Price paid by CEO William Staples for 4,188 shares
Shares held after
758,828 shares
Total direct Class A Common Stock holdings following the transaction
Net buy shares
4,188 shares
Net change in Staples’ position from this Form 4 transaction
Key Terms
Rule 10b5-1, trading purchase plan, Class A Common Stock, open-market purchase
4 terms
Rule 10b5-1 regulatory
"entered into by the reporting person on September 25, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
trading purchase plan financial
"This transaction was executed pursuant to a trading purchase plan entered into by the reporting person"
Class A Common Stock financial
"Includes shares of Class A Common Stock has have not yet vested."
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.
open-market purchase financial
"transaction_action":"open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transaction did GitLab (GTLB) report for CEO William Staples?
GitLab reported that CEO William Staples bought 4,188 shares of Class A Common Stock in an open-market purchase at $29.36 per share. This transaction increased his direct holdings to 758,828 shares, according to the Form 4 insider filing.
What type of security did the GitLab (GTLB) Form 4 transaction involve?
The transaction involved GitLab’s Class A Common Stock. CEO William Staples bought 4,188 shares in an open-market purchase, bringing his total direct holdings of this security to 758,828 shares, including shares that are granted but not yet fully vested.