STOCK TITAN

Gitlab (GTLB) CEO adds 6,010 shares in pre-planned open-market buys

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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 Staples William
Role Chief Executive Officer
Bought 6,010 shs ($128K)
Type Security Shares Price Value
Purchase Class A Common Stock 5,069 $21.30 $108K
Purchase Class A Common Stock 941 $21.65 $20K
Holdings After Transaction: Class A Common Stock — 343,710 shares (Direct)
Footnotes (1)
  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.
Shares purchased (lot 1) 5,069 shares Class A Common Stock bought at $21.30 weighted average on March 31, 2026
Price per share (lot 1) $21.30/share Weighted average price for 5,069 purchased shares
Shares purchased (lot 2) 941 shares Class A Common Stock bought at $21.65 weighted average on March 31, 2026
Price per share (lot 2) $21.65/share Weighted average price for 941 purchased shares
Total shares purchased 6,010 shares Combined open-market purchases on March 31, 2026
Shares owned after transaction 344,651 shares Direct Class A Common Stock holdings after trades, including unvested shares
Trading plan adoption date September 25, 2025 Rule 10b5-1 trading purchase plan entry date
Rule 10b5-1 trading purchase plan regulatory
"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"
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions"
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.
Class A Common Stock financial
"Includes shares of Class A Common Stock has have not yet vested."
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.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
unvested shares financial
"Includes shares of Class A Common Stock has have not yet vested."
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*
Staples William

(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
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
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 Stock03/31/2026P(1)5,069A$21.3(2)343,710D
Class A Common Stock03/31/2026P(1)941A$21.65(3)344,651(4)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. 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.
2. 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.
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.
4. Includes shares of Class A Common Stock has have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for William Staples04/01/2026
** 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 did Gitlab (GTLB) CEO William Staples report in this Form 4?

Gitlab CEO William Staples reported buying Class A Common Stock in the open market. He purchased 6,010 shares on March 31, 2026 under a pre-arranged Rule 10b5-1 trading plan, at weighted average prices around the low $20s per share.

How many Gitlab (GTLB) shares did the CEO buy and at what prices?

William Staples bought 5,069 Gitlab Class A shares at a weighted average price of $21.30 and 941 shares at a weighted average price of $21.65. All trades occurred on March 31, 2026 as open-market purchases disclosed in the Form 4.

Was the Gitlab (GTLB) CEO’s stock purchase made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were executed under a trading purchase plan entered into on September 25, 2025 under Rule 10b5-1. Such plans pre-schedule trades, reducing the significance of trade timing for assessing insider sentiment or informational advantage.

What is William Staples’ Gitlab (GTLB) share ownership after this Form 4?

After the reported purchases, William Staples directly owns 344,651 shares of Gitlab Class A Common Stock. This figure includes shares that have not yet vested, as noted in the footnotes to the Form 4 insider trading report filed with the SEC.

Are the Gitlab (GTLB) CEO’s purchases considered open-market transactions?

Yes. Both entries in the Form 4 are coded as “P,” indicating open-market or private purchases. The filing also notes the prices are weighted averages from multiple trades within specified price ranges during March 31, 2026 trading sessions.

How were the purchase prices for Gitlab (GTLB) CEO’s trades calculated?

The Form 4 explains the reported prices are weighted averages. For the 5,069-share lot, trades occurred between $20.62 and $21.56. For the 941-share lot, trades occurred between $21.62 and $21.69. The CEO undertakes to provide detailed breakdowns upon request.