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GitLab: Sijbrandij and trust report 8.5% stake

The reported percentages use 166,600,000 Class A shares outstanding as of August 18, 2026, with the calculation giving effect to the August 21, 2026 Class B down-conversion.

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

GitLab Inc. (GTLB) ownership amendment reports that Sytse Sijbrandij and the Sytse Sijbrandij Revocable Trust beneficially owned an aggregate 14,285,851 shares of Class A common stock, equal to 8.5%, as of September 30, 2026. The total comprises 1,500,000 options held directly by Sijbrandij that are exercisable for Class A shares within 60 days, and 12,785,851 shares directly owned by the trust; Sijbrandij is the trust’s sole trustee.

Aggregate beneficial ownership 14,285,851 shares As of September 30, 2026
Aggregate ownership percentage 8.5% As of September 30, 2026
Options exercisable for Class A shares 1,500,000 options Held directly by Sytse Sijbrandij; exercisable within 60 days of September 30, 2026
Trust Class A shares 12,785,851 shares Directly beneficially owned by the Sytse Sijbrandij Revocable Trust as of September 30, 2026
Trust ownership percentage 7.6% As of September 30, 2026
Direct ownership percentage 0.9% Attributable directly to Sytse Sijbrandij as of September 30, 2026
Class A shares outstanding 166,600,000 shares As of August 18, 2026; the ownership calculation gave effect to the August 21, 2026 Class B down-conversion
beneficial ownership regulatory
"may be deemed to directly or indirectly beneficially own"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting power regulatory
"Shared Voting Power 12,785,851.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
automatic down-conversion technical
"automatic down-conversion of all outstanding shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares of GTLB did Sytse Sijbrandij and the trust report owning?

Sytse Sijbrandij and the Sytse Sijbrandij Revocable Trust reported aggregate beneficial ownership of 14,285,851 Class A shares, or 8.5%, as of September 30, 2026. The total includes options exercisable for 1,500,000 shares and 12,785,851 shares directly owned by the trust.

What share count was used to calculate the GTLB ownership percentage?

The calculation used 166,600,000 Class A shares outstanding as of August 18, 2026. It also gave effect to the automatic down-conversion of all outstanding Class B shares, which occurred at the close of business on August 21, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





37637K108

(CUSIP Number)
09/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: The total reported in Row 9 consists of: (i) 1,500,000 stock options exercisable for shares of Class A Common Stock of GitLab Inc. (the "Issuer"), directly held by Mr. Sijbrandij and which are exercisable within 60 days of September 30, 2026; and (ii) 12,785,851 shares of the Issuer's Class A Common Stock directly beneficially owned by the Sytse Sijbrandij Revocable Trust dated February 21, 2019 (the "Trust"), of which Mr. Sijbrandij is the sole trustee. The percentage in Row 11 was calculated in accordance with Rule 13(d)-3(d)(1)(i) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and based on an aggregate total of 166,600,000 shares of the Issuer's Class A Common Stock outstanding as of August 18, 2026, as reported by the Issuer in its Quarterly Report for the period ended July 31, 2026 (the "Quarterly Report"), filed on Form 10-Q with the U.S. Securities and Exchange Commission (the "SEC") on September 2, 2026, and after giving effect to the automatic down-conversion of all outstanding shares of the Issuer's Class B Common Stock, which occurred as of the close of business on August 21, 2026, as publicly disclosed in the Quarterly Report, under Item 15 of the Notes to Condensed Consolidated Financial Statements. This Amendment No. 6 amends, in its entirety, the statement on Schedule 13G originally filed by Mr. Sijbrandij with the SEC on February 11, 2022, and subsequently amended on February 14, 2023, May 15, 2023, February 12, 2024, November 12, 2024, and November 7, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: The total reported in Row 9 consists of 12,785,851 shares of the Issuer's Class A Common Stock directly beneficially owned by the Trust. The percentage in Row 11 was calculated in accordance with Rule 13(d)-3(d)(1)(i) under the Exchange Act, and based on an aggregate total of 166,600,000 shares of the Issuer's Class A Common Stock outstanding as of August 18, 2026, as reported by the Issuer in the Quarterly Report, and after giving effect to the automatic down-conversion of all outstanding shares of the Issuer's Class B Common Stock, which occurred as of the close of business on August 21, 2026, as publicly disclosed in the Quarterly Report, under Item 15 of the Notes to Condensed Consolidated Financial Statements.


SCHEDULE 13G



Sytse Sijbrandij
Signature:/s/ Sytse Sijbrandij
Name/Title:Sytse Sijbrandij
Date:10/30/2026
Sytse Sijbrandij Revocable Trust Dated February 21, 2019
Signature:/s/ Sytse Sijbrandij
Name/Title:Sytse Sijbrandij/ Trustee
Date:10/30/2026
Exhibit Information

Exhibit 99.1

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