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Gitlab (GTLB) CEO has 26,425 shares withheld to cover tax liabilities

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gitlab Inc. Chief Executive Officer William Staples reported a routine tax-related share withholding. On June 17, 2026, 26,425 shares of Class A Common Stock were withheld by Gitlab at $28.31 per share to satisfy tax liabilities from net-settled restricted stock units. After this transaction, Staples directly held 754,640 shares of Class A Common Stock, which includes shares that have not yet vested.

Positive

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Negative

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Insider Staples William
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Price or Tax Liability Class A Common Stock 26,425 $28.31 $748K
Holdings After Transaction: Class A Common Stock — 754,640 shares (Direct)
Footnotes (2)
  1. F1. The reported transaction represents the number of shares of Class A Common Stock that were withheld by the Issuer to satisfy tax liabilities incurred in connection with the net settlement of restricted stock units.
  2. F2. Includes shares of Class A Common Stock that have not yet vested.
Tax-withheld shares 26,425 shares Class A Common Stock withheld to satisfy tax liabilities
Withholding share value $28.31 per share Value used for tax-withholding disposition on June 17, 2026
Post-transaction holdings 754,640 shares Class A Common Stock held directly after transaction, includes unvested
Tax-withholding transactions 1 transaction, 26,425 shares Summary of tax-withholding activity in this Form 4
restricted stock units financial
"tax liabilities incurred in connection with the net settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"incurred in connection with the net settlement of restricted stock units."
tax liabilities financial
"were withheld by the Issuer to satisfy tax liabilities incurred in connection"
withheld by the Issuer financial
"shares of Class A Common Stock that were withheld by the Issuer to satisfy tax liabilities"

FAQ

What did Gitlab (GTLB) CEO William Staples report in this Form 4?

William Staples reported that 26,425 Gitlab Class A shares were withheld to cover tax liabilities from restricted stock unit settlement. This is a non-market, tax-withholding disposition, not an open-market purchase or sale, and is part of routine equity compensation administration.

How many Gitlab (GTLB) shares were withheld for William Staples’ taxes?

Gitlab withheld 26,425 shares of Class A Common Stock at $28.31 per share to satisfy William Staples’ tax liabilities. The withholding occurred in connection with the net settlement of restricted stock units rather than through an open-market stock sale transaction.

At what price were William Staples’ Gitlab (GTLB) shares withheld?

The 26,425 Gitlab Class A shares were valued at $28.31 per share for the tax-withholding transaction. This value is used to satisfy tax obligations arising from restricted stock units, rather than indicating a market trade price from an exchange transaction.

How many Gitlab (GTLB) shares does William Staples hold after the transaction?

After the tax-withholding disposition, William Staples directly holds 754,640 shares of Gitlab Class A Common Stock. This total includes shares that have not yet vested, reflecting his continuing equity stake following the restricted stock unit net settlement.

Was this Gitlab (GTLB) Form 4 a market sale by the CEO?

No, the Form 4 shows a tax-withholding disposition, not a market sale. Gitlab withheld 26,425 shares to cover William Staples’ tax liabilities from restricted stock units, a common non-discretionary mechanism in equity compensation plans.

Do William Staples’ Gitlab (GTLB) holdings include unvested shares?

Yes, his reported 754,640 Gitlab Class A shares include unvested shares. A footnote clarifies that this figure encompasses shares that have not yet vested, providing a fuller picture of his equity compensation position at the company.

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).
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)
06/17/2026
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 Stock06/17/2026F26,425(1)D$28.31754,640(2)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. The reported transaction represents the number of shares of Class A Common Stock that were withheld by the Issuer to satisfy tax liabilities incurred in connection with the net settlement of restricted stock units.
2. Includes shares of Class A Common Stock that have not yet vested.
Remarks:
/s/ Robin Schulman, Attorney-in-Fact for William Staples06/22/2026
** 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)