STOCK TITAN

GitLab director's trust sells 2.12M shares

The reported trust sales were carried out under a Rule 10b5-1 trading plan entered into on June 25, 2026.

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Form Type
4

Rhea-AI Filing Summary

GitLab Inc. director Sytse Sijbrandij reported that the Sytse Sijbrandij Revocable Trust sold 2,116,200 shares of Class A common stock in seven transactions on September 24, 25 and 28, 2026. The sales were executed under a Rule 10b5-1 trading plan entered into by Sijbrandij, as sole trustee, on June 25, 2026.

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Insider Sijbrandij Sytse
Role Director
Sold 2,116,200 shs ($101.09M)
Type Security Shares Price Value
Sale Class A Common Stock F1, F7, F3 90,995 $44.83 $4.08M
Sale Class A Common Stock F1, F8, F3 295,460 $46.08 $13.61M
Sale Class A Common Stock F1, F9, F3 43,545 $46.31 $2.02M
Sale Class A Common Stock F1, F5, F3 281,121 $47.25 $13.28M
Sale Class A Common Stock F1, F6, F3 424,369 $48.08 $20.40M
Sale Class A Common Stock F1, F2, F3 842,084 $48.55 $40.88M
Sale Class A Common Stock F1, F4, F3 138,626 $49.12 $6.81M
Holdings After Transaction: Class A Common Stock — 12,785,851 shares (Indirect, By Trust)
Footnotes (9)
  1. F1. This transaction was executed pursuant to a trading plan entered into by the reporting person, as the sole trustee of the Sytse Sijbrandij Revocable Trust dated February 21, 2019, on June 25, 2026 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.02 to $49.015, 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 2, footnote 4, footnote 5, footnote 6, footnote 7, footnote 8, and footnote 9.
  3. F3. These securities are held by the Sytse Sijbrandij Revocable Trust dated February 21, 2019, of which the Reporting Person is the sole trustee.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.02 to $49.21, inclusive.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.81 to $47.805, inclusive.
  6. F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.81 to $48.61, inclusive.
  7. F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.26 to $45.23, inclusive.
  8. F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.26 to $46.255, inclusive.
  9. F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.26 to $46.43, inclusive.
Class A shares sold 842,084 shares at $48.55 per share September 24, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 138,626 shares at $49.12 per share September 24, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 281,121 shares at $47.25 per share September 25, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 424,369 shares at $48.08 per share September 25, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 90,995 shares at $44.83 per share September 28, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 295,460 shares at $46.08 per share September 28, 2026; Sytse Sijbrandij Revocable Trust
Class A shares sold 43,545 shares at $46.31 per share September 28, 2026; Sytse Sijbrandij Revocable Trust
Rule 10b5-1 regulatory
"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.
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.
Revocable Trust technical
"These securities are held by the Sytse Sijbrandij Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
sole trustee technical
"of which the Reporting Person is the sole trustee"

FAQ

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How many GTLB shares did Sytse Sijbrandij's trust sell?

The Sytse Sijbrandij Revocable Trust sold 2,116,200 shares in seven transactions on September 24, 25 and 28, 2026. The sales were executed under a Rule 10b5-1 trading plan entered into by Sijbrandij, as sole trustee, on June 25, 2026.

What prices were reported for the GTLB trust share sales?

The reported weighted-average prices were $48.55 and $49.12 on September 24, $47.25 and $48.08 on September 25, and $44.83, $46.08 and $46.31 on September 28, 2026.

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).
X
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*
Sijbrandij Sytse

(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)
09/24/2026
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 Stock09/24/2026S(1)842,084D$48.55(2)14,059,967IBy Trust(3)
Class A Common Stock09/24/2026S(1)138,626D$49.12(4)13,921,341IBy Trust(3)
Class A Common Stock09/25/2026S(1)281,121D$47.25(5)13,640,220IBy Trust(3)
Class A Common Stock09/25/2026S(1)424,369D$48.08(6)13,215,851IBy Trust(3)
Class A Common Stock09/28/2026S(1)90,995D$44.83(7)13,124,856IBy Trust(3)
Class A Common Stock09/28/2026S(1)295,460D$46.08(8)12,829,396IBy Trust(3)
Class A Common Stock09/28/2026S(1)43,545D$46.31(9)12,785,851IBy Trust(3)
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. This transaction was executed pursuant to a trading plan entered into by the reporting person, as the sole trustee of the Sytse Sijbrandij Revocable Trust dated February 21, 2019, on June 25, 2026 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.02 to $49.015, 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 2, footnote 4, footnote 5, footnote 6, footnote 7, footnote 8, and footnote 9.
3. These securities are held by the Sytse Sijbrandij Revocable Trust dated February 21, 2019, of which the Reporting Person is the sole trustee.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.02 to $49.21, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.81 to $47.805, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.81 to $48.61, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.26 to $45.23, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.26 to $46.255, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.26 to $46.43, inclusive.
Remarks:
/s/ Thomas J. Lloyd, Attorney-in-Fact for Sytse Sijbrandij09/28/2026
** 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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