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GitLab (GTLB) CRO has shares sold to cover RSU tax obligations

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

Rhea-AI Filing Summary

GitLab Inc. Chief Revenue Officer Ian Steward reported a routine tax-related share disposition. On this Form 4, 3,652 shares of Class A Common Stock were sold at a weighted average price of $22.65 per share to satisfy tax obligations from the vesting of restricted stock units.

Following this tax-withholding transaction, Steward directly holds 172,887 shares of Class A Common Stock, which includes shares that have not yet vested. The sale was executed in multiple trades within a price range of $22.43 to $22.91.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 DE

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Gitlab Inc. [ GTLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/16/2026 F 3,652(1) D $22.65(2) 172,887(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of restricted stock units.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $22.91, 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/ Robin Schulman, Attorney-in-Fact for Ian Steward 03/17/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did GitLab (GTLB) report for Ian Steward?

GitLab reported that Chief Revenue Officer Ian Steward had 3,652 Class A shares sold to cover tax obligations from RSU vesting. This tax-withholding disposition is a routine event disclosed on a Form 4 insider filing.

How many GitLab (GTLB) shares were involved in Ian Steward’s tax sale?

The filing shows 3,652 shares of GitLab Class A Common Stock were sold. These shares were disposed of specifically to satisfy Ian Steward’s tax obligations arising from the vesting of restricted stock units.

At what price were Ian Steward’s GitLab (GTLB) shares sold for tax purposes?

The reported weighted average sale price was $22.65 per share. Footnotes explain the shares were sold in multiple transactions at prices ranging from $22.43 to $22.91, all tied to covering tax obligations from RSU vesting.

How many GitLab (GTLB) shares does Ian Steward hold after this Form 4?

After the tax-withholding disposition, Ian Steward directly holds 172,887 shares of GitLab Class A Common Stock. This total includes shares that have not yet vested, as noted in the footnotes to the insider filing.

Was Ian Steward’s GitLab (GTLB) transaction an open-market sale?

The transaction is characterized as a tax-withholding disposition related to RSU vesting. Shares were sold at market prices between $22.43 and $22.91, but the stated purpose was to satisfy the reporting person’s tax obligations, making it a routine compensatory event.
Gitlab Inc.

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3.89B
147.95M
Software - Infrastructure
Services-prepackaged Software
Link
United States
SAN FRANCISCO