Gitlab (GTLB) CEO adds 6,010 shares in pre-planned open-market buys
Rhea-AI Filing Summary
Gitlab Inc. Chief Executive Officer William Staples reported open-market purchases of Class A Common Stock. On March 31, 2026, he bought 5,069 shares at a weighted average price of $21.30 and 941 shares at a weighted average price of $21.65, totaling 6,010 shares.
The filing notes these trades were executed under a pre-arranged Rule 10b5-1 trading purchase plan adopted on September 25, 2025. Following the transactions, Staples directly owns 344,651 shares of Gitlab Class A Common Stock, including shares that have not yet vested.
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Insights
CEO’s pre-planned open-market share purchases appear routine and modest in scale.
Gitlab’s CEO, William Staples, acquired a total of 6,010 Class A shares on March 31, 2026 via open-market purchases around $21–$22. These transactions were executed under a Rule 10b5-1 trading plan adopted on September 25, 2025, indicating they were pre-scheduled.
After the purchases, he directly holds 344,651 Class A shares, including unvested stock. The added position is small relative to his disclosed holdings and, combined with the pre-planned nature, suggests a routine portfolio and compensation-related action rather than a thesis-changing move for investors.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,069 | $21.30 | $108K |
| Purchase | Class A Common Stock | 941 | $21.65 | $20K |
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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.62 to $21.56, 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 and footnote 3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.62 to $21.69, inclusive. Includes shares of Class A Common Stock has have not yet vested.