STOCK TITAN

[Form 4] SRM Entertainment, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

GitLab Inc. (GTLB) – Form 4 insider transaction

Chief Technology Officer Sabrina Farmer filed a Form 4 disclosing the disposition of 8,225 Class A shares on 16 June 2025. The shares were automatically sold at a weighted-average price of $41.63 to cover federal and state tax withholding triggered by the vesting of restricted stock units (Transaction Code “F”). After the withholding sale, Farmer directly owns 254,093 Class A shares, a figure that includes unvested RSUs. No derivative security activity was reported, and the filing notes that individual share prices ranged from $40.91 to $42.05.

The transaction represents a routine tax-related sell-to-cover event rather than an open-market discretionary sale, and it does not alter Farmer’s executive role or long-term equity alignment with shareholders.

GitLab Inc. (GTLB) – Transazione interna Form 4

La Chief Technology Officer Sabrina Farmer ha presentato un modulo Form 4 comunicando la cessione di 8.225 azioni di Classe A il 16 giugno 2025. Le azioni sono state vendute automaticamente a un prezzo medio ponderato di 41,63 $ per coprire le trattenute fiscali federali e statali generate dal consolidamento delle unità azionarie vincolate (codice transazione “F”). Dopo la vendita per copertura delle tasse, Farmer detiene direttamente 254.093 azioni di Classe A, cifra che include anche le RSU non ancora consolidate. Non sono state segnalate attività su strumenti derivati, e la comunicazione indica che i prezzi delle singole azioni sono variati tra 40,91 e 42,05 $.

La transazione rappresenta un evento di vendita per copertura fiscale di routine e non una vendita discrezionale sul mercato aperto, e non modifica il ruolo esecutivo di Farmer né il suo allineamento azionario a lungo termine con gli azionisti.

GitLab Inc. (GTLB) – Transacción interna Formulario 4

La directora de tecnología, Sabrina Farmer, presentó un Formulario 4 divulgando la disposición de 8,225 acciones Clase A el 16 de junio de 2025. Las acciones se vendieron automáticamente a un precio promedio ponderado de $41.63 para cubrir las retenciones fiscales federales y estatales derivadas de la consolidación de unidades restringidas de acciones (código de transacción “F”). Tras la venta para cubrir impuestos, Farmer posee directamente 254,093 acciones Clase A, cifra que incluye RSU no consolidadas. No se reportó actividad con valores derivados y el informe señala que los precios individuales de las acciones oscilaron entre $40.91 y $42.05.

La transacción representa un evento rutinario de venta para cubrir impuestos y no una venta discrecional en el mercado abierto, y no altera el rol ejecutivo de Farmer ni su alineación accionarial a largo plazo con los accionistas.

GitLab Inc. (GTLB) – 내부자 거래 신고서 Form 4

최고기술책임자(CTO) 사브리나 파머는 2025년 6월 16일 8,225주 클래스 A 주식 처분을 신고하는 Form 4를 제출했습니다. 이 주식들은 제한 주식 단위(RSU)의 권리 확정에 따른 연방 및 주 세금 원천징수를 충당하기 위해 가중 평균 가격 $41.63에 자동으로 매도되었습니다(거래 코드 “F”). 원천징수 매도 후, 파머는 미확정 RSU를 포함해 직접 254,093주 클래스 A 주식를 보유하고 있습니다. 파생 증권 거래는 보고되지 않았으며, 개별 주식 가격은 $40.91에서 $42.05 사이였다고 명시되어 있습니다.

이번 거래는 공개 시장에서의 임의 매도가 아닌, 세금 관련 일상적인 매도-커버 이벤트이며, 파머의 경영진 역할이나 주주와의 장기 주식 정렬에는 영향을 미치지 않습니다.

GitLab Inc. (GTLB) – Transaction d’initié Formulaire 4

La directrice technique Sabrina Farmer a déposé un formulaire 4 révélant la cession de 8 225 actions de classe A le 16 juin 2025. Les actions ont été vendues automatiquement à un prix moyen pondéré de 41,63 $ afin de couvrir la retenue d’impôt fédérale et étatique déclenchée par l’acquisition de unités d’actions restreintes (code de transaction « F »). Après cette vente pour couvrir l’impôt, Farmer détient directement 254 093 actions de classe A, chiffre incluant des RSU non acquises. Aucune activité sur titres dérivés n’a été signalée, et le dépôt précise que les prix des actions individuelles variaient entre 40,91 $ et 42,05 $.

Cette opération représente un événement courant de vente pour couvrir une obligation fiscale, et non une vente discrétionnaire sur le marché ouvert. Elle ne modifie ni le rôle exécutif de Farmer ni son alignement à long terme avec les actionnaires.

GitLab Inc. (GTLB) – Insider-Transaktion Form 4

Chief Technology Officer Sabrina Farmer reichte am 16. Juni 2025 ein Form 4 ein, in dem die Veräußerung von 8.225 Class-A-Aktien offengelegt wurde. Die Aktien wurden automatisch zu einem gewichteten Durchschnittspreis von 41,63 $ verkauft, um die durch die Vesting von Restricted Stock Units ausgelöste Bundes- und Landessteuerabzüge zu decken (Transaktionscode „F“). Nach dem Verkauf zur Steuerabdeckung besitzt Farmer direkt 254.093 Class-A-Aktien, einschließlich nicht unverfallener RSUs. Es wurden keine Aktivitäten mit derivativen Wertpapieren gemeldet, und die Einreichung weist darauf hin, dass die einzelnen Aktienpreise zwischen 40,91 $ und 42,05 $ lagen.

Die Transaktion stellt ein routinemäßiges, steuerbedingtes Verkauf-zur-Abdeckung-Ereignis dar und keine frei verfügbare Marktveräußerung. Sie ändert weder Farmers Führungsrolle noch ihre langfristige Aktienausrichtung mit den Aktionären.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine sell-to-cover; immaterial for valuation, neutral signal.

The 8,225-share disposition is a mandatory tax-withholding sale tied to RSU vesting. At roughly $0.34 million in gross proceeds, the trade is de-minimis versus GitLab’s multi-billion-dollar market cap and leaves the CTO with >250 k shares outstanding. Because the filing cites Rule 16b-F treatment and specifies weighted-average pricing, it appears administrative, not discretionary. Therefore, I view the event as neutral for the investment thesis—no change to insider ownership trends or corporate fundamentals.

GitLab Inc. (GTLB) – Transazione interna Form 4

La Chief Technology Officer Sabrina Farmer ha presentato un modulo Form 4 comunicando la cessione di 8.225 azioni di Classe A il 16 giugno 2025. Le azioni sono state vendute automaticamente a un prezzo medio ponderato di 41,63 $ per coprire le trattenute fiscali federali e statali generate dal consolidamento delle unità azionarie vincolate (codice transazione “F”). Dopo la vendita per copertura delle tasse, Farmer detiene direttamente 254.093 azioni di Classe A, cifra che include anche le RSU non ancora consolidate. Non sono state segnalate attività su strumenti derivati, e la comunicazione indica che i prezzi delle singole azioni sono variati tra 40,91 e 42,05 $.

La transazione rappresenta un evento di vendita per copertura fiscale di routine e non una vendita discrezionale sul mercato aperto, e non modifica il ruolo esecutivo di Farmer né il suo allineamento azionario a lungo termine con gli azionisti.

GitLab Inc. (GTLB) – Transacción interna Formulario 4

La directora de tecnología, Sabrina Farmer, presentó un Formulario 4 divulgando la disposición de 8,225 acciones Clase A el 16 de junio de 2025. Las acciones se vendieron automáticamente a un precio promedio ponderado de $41.63 para cubrir las retenciones fiscales federales y estatales derivadas de la consolidación de unidades restringidas de acciones (código de transacción “F”). Tras la venta para cubrir impuestos, Farmer posee directamente 254,093 acciones Clase A, cifra que incluye RSU no consolidadas. No se reportó actividad con valores derivados y el informe señala que los precios individuales de las acciones oscilaron entre $40.91 y $42.05.

La transacción representa un evento rutinario de venta para cubrir impuestos y no una venta discrecional en el mercado abierto, y no altera el rol ejecutivo de Farmer ni su alineación accionarial a largo plazo con los accionistas.

GitLab Inc. (GTLB) – 내부자 거래 신고서 Form 4

최고기술책임자(CTO) 사브리나 파머는 2025년 6월 16일 8,225주 클래스 A 주식 처분을 신고하는 Form 4를 제출했습니다. 이 주식들은 제한 주식 단위(RSU)의 권리 확정에 따른 연방 및 주 세금 원천징수를 충당하기 위해 가중 평균 가격 $41.63에 자동으로 매도되었습니다(거래 코드 “F”). 원천징수 매도 후, 파머는 미확정 RSU를 포함해 직접 254,093주 클래스 A 주식를 보유하고 있습니다. 파생 증권 거래는 보고되지 않았으며, 개별 주식 가격은 $40.91에서 $42.05 사이였다고 명시되어 있습니다.

이번 거래는 공개 시장에서의 임의 매도가 아닌, 세금 관련 일상적인 매도-커버 이벤트이며, 파머의 경영진 역할이나 주주와의 장기 주식 정렬에는 영향을 미치지 않습니다.

GitLab Inc. (GTLB) – Transaction d’initié Formulaire 4

La directrice technique Sabrina Farmer a déposé un formulaire 4 révélant la cession de 8 225 actions de classe A le 16 juin 2025. Les actions ont été vendues automatiquement à un prix moyen pondéré de 41,63 $ afin de couvrir la retenue d’impôt fédérale et étatique déclenchée par l’acquisition de unités d’actions restreintes (code de transaction « F »). Après cette vente pour couvrir l’impôt, Farmer détient directement 254 093 actions de classe A, chiffre incluant des RSU non acquises. Aucune activité sur titres dérivés n’a été signalée, et le dépôt précise que les prix des actions individuelles variaient entre 40,91 $ et 42,05 $.

Cette opération représente un événement courant de vente pour couvrir une obligation fiscale, et non une vente discrétionnaire sur le marché ouvert. Elle ne modifie ni le rôle exécutif de Farmer ni son alignement à long terme avec les actionnaires.

GitLab Inc. (GTLB) – Insider-Transaktion Form 4

Chief Technology Officer Sabrina Farmer reichte am 16. Juni 2025 ein Form 4 ein, in dem die Veräußerung von 8.225 Class-A-Aktien offengelegt wurde. Die Aktien wurden automatisch zu einem gewichteten Durchschnittspreis von 41,63 $ verkauft, um die durch die Vesting von Restricted Stock Units ausgelöste Bundes- und Landessteuerabzüge zu decken (Transaktionscode „F“). Nach dem Verkauf zur Steuerabdeckung besitzt Farmer direkt 254.093 Class-A-Aktien, einschließlich nicht unverfallener RSUs. Es wurden keine Aktivitäten mit derivativen Wertpapieren gemeldet, und die Einreichung weist darauf hin, dass die einzelnen Aktienpreise zwischen 40,91 $ und 42,05 $ lagen.

Die Transaktion stellt ein routinemäßiges, steuerbedingtes Verkauf-zur-Abdeckung-Ereignis dar und keine frei verfügbare Marktveräußerung. Sie ändert weder Farmers Führungsrolle noch ihre langfristige Aktienausrichtung mit den Aktionären.

SEC Form 4
FORM 4 UNITED 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*
MCKINNON DOUGLAS O

(Last) (First) (Middle)
C/O SRM ENTERTAINMENT, INC.
941 W. MORSE BLVD. SUITE 100

(Street)
WINTER PARK FL 32789

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SRM Entertainment, Inc. [ SRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/17/2025 M 100,000 A $0.56 336,388 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right to buy) $0.56 06/17/2025 M 100,000(1) 05/23/2025 05/23/2030 Common Stock 100,000 $0 475,000 D
Explanation of Responses:
1. The stock options ("Options") were issued pursuant to the Company's 2024 Equity Incentive Plan.
/s/ Douglas O. McKinnon 06/20/2025
** Signature of Reporting Person Date
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.

FAQ

How many GitLab (GTLB) shares did CTO Sabrina Farmer sell on 16 June 2025?

She sold 8,225 Class A shares according to the Form 4.

What was the purpose of the GTLB insider sale reported by Sabrina Farmer?

The sale was to cover tax obligations arising from RSU vesting (Transaction Code “F”).

At what price were the GitLab shares sold in the Form 4 filing?

The weighted-average price was $41.63, with individual trades between $40.91 and $42.05.

How many GitLab shares does the CTO hold after the transaction?

Sabrina Farmer now directly owns 254,093 Class A shares, including unvested units.

Does this Form 4 indicate any derivative security activity for GTLB?

No, no derivative securities were acquired or disposed of in this filing.
SRM Entertainment, Inc.

NASDAQ:SRM

SRM Rankings

SRM Latest News

SRM Latest SEC Filings

SRM Stock Data

162.61M
10.75M
52.51%
6.82%
2.89%
Leisure
Games, Toys & Children's Vehicles (no Dolls & Bicycles)
Link
United States
WINTER PARK