Gitlab Inc. (GTLB) CAO Mundy sells 8,725 shares in Rule 10b5-1 plan
Rhea-AI Filing Summary
Gitlab Inc. executive Simon Mundy, Chief Accounting Officer, sold 8,725 shares of Class A Common Stock on August 7, 2026 at $38.00 per share in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan adopted on June 23, 2025. Following this sale, Mundy directly holds 105,332 Class A shares, which include shares that have not yet vested.
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Insider Trade Summary 10b5-1
Net Seller: 8,725 shares
Net Sell
1 txn
Insider
Mundy Simon
Role
Chief Accounting Officer
Sold
8,725 shs ($332K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 8,725 | $38.00 | $332K |
Holdings After Transaction:
Class A Common Stock — 105,332 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on June 23, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2. Includes shares of Class A Common Stock that have not yet vested.
Key Figures
Shares sold: 8,725 shares
Sale price: $38.00 per share
Shares held after sale: 105,332 shares
3 metrics
Shares sold
8,725 shares
Class A Common Stock sold by Chief Accounting Officer on August 7, 2026
Sale price
$38.00 per share
Price for Class A Common Stock sold on August 7, 2026
Shares held after sale
105,332 shares
Direct Class A holdings after transaction, including unvested shares
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, vested
3 terms
Rule 10b5-1 trading plan regulatory
"sales reported were executed pursuant to a trading plan entered into ... in accordance with Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"security title is listed as Class A Common Stock for the transaction"
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.
vested financial
"Includes shares of Class A Common Stock that have not yet vested"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Gitlab Inc. (GTLB) report for Simon Mundy?
Gitlab Inc. reported that Chief Accounting Officer Simon Mundy sold 8,725 Class A shares on August 7, 2026 at $38.00 per share in an open-market transaction under a Rule 10b5-1 plan.
Was the Gitlab (GTLB) insider sale by Simon Mundy under a Rule 10b5-1 plan?
Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan entered into on June 23, 2025, indicating the trades were pre-arranged rather than discretionary at the time of execution.
What type of security did Simon Mundy trade in the Gitlab (GTLB) Form 4?
The transaction involved Class A Common Stock of Gitlab Inc. Mundy sold 8,725 shares at $38.00 per share, classified as a non-derivative open-market or private sale transaction.