Jacobson Matthew 4

What Happened

• Matthew Jacobson, a director of GitLab Inc. (GTLB), sold 1,159,908 shares in open-market transactions on March 19–20, 2026, generating aggregate proceeds of approximately $26.35 million.
• Sales were reported at weighted-average prices of $22.95 (March 19) and $22.37 (March 20); individual sale prices ranged roughly $21.985 to $23.34 across the trades.
• This was a series of sales (code S) — routine disposition of shares rather than a purchase or option exercise.

Key Details

• Transaction dates: March 19, 2026 and March 20, 2026. Report filed with the SEC on March 23, 2026 (appears timely).
• Shares sold: 1,159,908 total. Aggregate proceeds: ~$26,350,371.
• Reported weighted-average prices: $22.95 (3/19; range $22.51–$23.34) and $22.37 (3/20; range $21.985–$22.76). Full per-trade price breakdown is available from the SEC staff on request (per filing footnotes).
• Shares owned after the transaction: not specified in the data provided.
• Notable footnotes: filing notes weighted-average prices and price ranges (F1, F5). The reporting person disclaims beneficial ownership of certain shares held via a trust of which he is trustee (F6/F4). Additional footnotes describe complex ICONIQ partnership structures (F2, F3) referenced in the filing.

Context

• These were open-market sales (S) — common for liquidity, diversification, or tax planning. Sales do not necessarily signal a change in outlook; filings are factual notices of the trades.
• Transaction code: S = Sale. No option exercises, awards, or gifts were reported here.