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Gitlab (NASDAQ: GTLB) awards 55,330 RSUs to CAO Simon Mundy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mundy Simon reported acquisition or exercise transactions in this Form 4 filing.

Gitlab Inc. granted Chief Accounting Officer Simon Mundy 55,330 time-based restricted stock units (RSUs) of Class A Common Stock at no cash cost, as executive equity compensation. Each RSU represents one share, subject to his continued service on each vesting date.

The RSUs will vest over three years beginning on June 15, 2026, with vesting scheduled on June 15, September 15, December 15, and March 15 of each year. Following this grant, Mundy directly holds 117,965 shares of Class A Common Stock, including shares that have not yet vested.

Positive

  • None.

Negative

  • None.
Insider Mundy Simon
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 55,330 $0.00 --
Holdings After Transaction: Class A Common Stock — 117,965 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable Quarterly Vesting Date. The RSUs shall be satisfied over a three-year period beginning June 15, 2026. "Quarterly Vesting Date" means each of June 15, September 15, December 15, and March 15. Includes shares of Class A Common Stock that have not yet vested.
RSUs granted 55,330 shares Time-based RSU award to CAO on June 15, 2026 start vesting date
Grant price $0.00 per share Equity compensation grant, no cash paid by insider
Total shares after grant 117,965 shares Direct Class A Common Stock holdings following the RSU award
Vesting period 3 years RSUs satisfied over three-year period beginning June 15, 2026
Quarterly vesting dates June 15, September 15, December 15, March 15 Defined Quarterly Vesting Dates for the RSU grant
restricted stock units ("RSU") financial
"Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share"
Quarterly Vesting Date financial
"The RSUs shall be satisfied over a three-year period beginning June 15, 2026. "Quarterly Vesting Date" means each of June 15, September 15,"
Class A Common Stock financial
"each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock"
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.
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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*
Mundy Simon

(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 Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Stock06/15/2026A55,330(1)A$0117,965(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 a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable Quarterly Vesting Date. The RSUs shall be satisfied over a three-year period beginning June 15, 2026. "Quarterly Vesting Date" means each of June 15, September 15, December 15, and March 15.
2. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for Simon Mundy06/17/2026
** 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 Simon Mundy?

Gitlab reported a grant of 55,330 RSUs of Class A Common Stock to Chief Accounting Officer Simon Mundy. The award is part of his equity compensation and does not involve a cash purchase, with each RSU representing the right to receive one share upon vesting.

How many Gitlab (GTLB) shares does Simon Mundy hold after this Form 4?

After the reported grant, Simon Mundy holds 117,965 shares of Gitlab Class A Common Stock directly. This total includes both vested and unvested shares, reflecting his overall equity position as Chief Accounting Officer following the RSU award.

How do the new RSUs for Gitlab (GTLB) CAO vest over time?

The 55,330 RSUs granted to Gitlab’s Chief Accounting Officer vest over three years beginning June 15, 2026. Vesting occurs quarterly on June 15, September 15, December 15, and March 15, subject to his continued service with the company on each vesting date.

Did Simon Mundy buy or sell Gitlab (GTLB) shares in this Form 4?

The Form 4 reports an acquisition through a grant of RSUs, not an open-market buy or sale. Shares were awarded at a price of $0.00 per share as compensation, with future delivery tied to the vesting schedule and continued employment.

What type of security was granted to Gitlab (GTLB) executive Simon Mundy?

Gitlab granted time-based restricted stock units (RSUs) tied to its Class A Common Stock to Chief Accounting Officer Simon Mundy. Each RSU equals one share when it vests, aligning his compensation with shareholder equity over the three-year vesting period.