Mundy Simon 4

What Happened Mundy Simon, Chief Accounting Officer of GitLab Inc. (GTLB), sold 2,141 shares of Class A common stock on March 16, 2026 to satisfy tax obligations arising from the vesting of restricted stock units. The filing reports a weighted-average price of $22.65 per share for total proceeds of about $48,494; individual sale prices ranged from $22.43 to $22.91.

Key Details

• Transaction date: 2026-03-16 (filed on 2026-03-17)
• Transaction type/code: F — sale of shares to satisfy tax withholding on RSU vesting
• Shares sold: 2,141; weighted-average price: $22.65; total ≈ $48,494
• Price range: $22.43–$22.91 (sold in multiple transactions)
• Footnotes: F1 = sale to cover tax obligations from RSU vesting; F2 = weighted avg price and availability of per-price breakdown on request; F3 = reported ownership (where listed) includes shares that have not yet vested
• Post-transaction holdings: the filing excerpt provided does not state the exact number of shares held following the sale

Context This was a routine “sell-to-cover” tax withholding related to RSU vesting (not an open-market discretionary sale), which is common and does not by itself indicate a change in insider sentiment. The filing was submitted the next day and appears timely.