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Gitlab CRO sells 12,613 shares for tax obligations

Gitlab’s chief revenue officer sold shares on September 16, 2026 to cover taxes from RSU vesting and continues to hold a substantial equity position.

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Form Type
4

Rhea-AI Filing Summary

Gitlab Inc. (GTLB) reported that Chief Revenue Officer Ian Steward disposed of shares in connection with equity compensation. On September 16, 2026, 12,613 shares of Class A Common Stock were sold at a weighted average price of $48.77 to cover tax obligations from the vesting of a restricted stock unit award. After these transactions, Steward directly held 346,403 Class A shares, which include shares that have not yet vested. No Rule 10b5-1 trading plan is reported.

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Insider Steward Ian
Role Chief Revenue Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2, F3 12,613 $48.77 $615K
Holdings After Transaction: Class A Common Stock — 346,403 shares (Direct)
Footnotes (3)
  1. 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.
  2. 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.
  3. F3. Includes shares of Class A Common Stock that have not yet vested.
Shares disposed 12,613 shares Class A Common Stock disposed of on September 16, 2026 to cover taxes
Weighted average price $48.77 per share Weighted average sale price for the September 16, 2026 tax-related disposition
Price range $48.06–$49.21 per share Range of individual trade prices included in the weighted average
Shares held after transaction 346,403 shares Direct Class A Common Stock holdings of Ian Steward after the September 16, 2026 transaction, including unvested shares
Tax-liability shares 12,613 shares Shares used to satisfy tax obligations from RSU vesting
Class A Common Stock financial
"Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy"
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.
restricted stock unit financial
"tax obligations arising as a result of the vesting of a portion of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Gitlab Inc. (GTLB) report for Ian Steward?

Gitlab reported that Chief Revenue Officer Ian Steward disposed of 12,613 shares of Class A Common Stock on September 16, 2026 in a transaction related to tax obligations from the vesting of a restricted stock unit award.

At what price were Ian Steward’s GTLB shares transacted on September 16, 2026?

The transaction used a weighted average price of $48.77 per share, with individual trades executed at prices ranging from $48.06 to $49.21, inclusive.

Why did Gitlab’s chief revenue officer dispose of GTLB shares in this Form 4?

The 12,613 GTLB shares were sold to satisfy Ian Steward’s tax obligations arising from the vesting of a portion of a restricted stock unit (RSU) award, as disclosed in the footnotes.

How many GTLB shares does Ian Steward hold after this reported transaction?

Following the September 16, 2026 transaction, Ian Steward directly held 346,403 shares of Gitlab Inc. Class A Common Stock, which the disclosure notes includes shares that have not yet vested.

Was Ian Steward’s GTLB share disposition under a Rule 10b5-1 trading plan?

No. The disclosure indicates no Rule 10b5-1 trading plan for this transaction; the document-level checkbox for such a plan is explicitly unchecked.

What type of security was involved in Ian Steward’s GTLB Form 4 transaction?

The transaction involved Gitlab Inc. Class A Common Stock, related to the vesting of a restricted stock unit award and the resulting tax-payment share disposition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Steward Ian

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
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 Stock09/16/2026F12,613(1)D$48.77(2)346,403(3)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 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.
2. 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.
3. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Thomas J. Lloyd, Attorney-in-Fact for Ian Steward09/18/2026
** 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)

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