Schulman Robin 4
Research Summary
AI-generated summary
GitLab (GTLB) Chief Legal Officer Robin Schulman Sells 4,359 Shares
What Happened
- Robin Schulman, Chief Legal Officer & Corporate Secretary of GitLab (GTLB), disposed of 4,359 shares of Class A common stock on March 16, 2026 to satisfy tax withholding obligations tied to vested restricted stock units.
- The filing reports a weighted-average price of $22.65 and total proceeds of approximately $98,731. Per the footnotes, the shares were sold in multiple transactions at prices ranging from $22.43 to $22.91.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (filed the next day).
- Price: weighted-average $22.65; range $22.43–$22.91 across multiple trades (F2).
- Shares disposed: 4,359 (transaction code F — tax withholding).
- Shares owned after transaction: Not specified in the provided excerpt; filing notes that reported holdings include unvested Class A shares (F3).
- Footnotes: F1 = sale to satisfy tax obligations from RSU vesting; F2 = weighted average and per-trade price range; F3 = includes unvested shares.
Context
- This was a routine cashless/tax-withholding sale tied to RSU vesting, common for insiders to cover tax liabilities and not necessarily a signal of the insider’s view on the company.