Gitlab Inc.·4

Mar 17, 8:50 PM ET

Steward Ian 4

4 · Gitlab Inc. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

GitLab (GTLB) CRO Ian Steward Sells 3,652 Shares

What Happened

  • Ian Steward, Chief Revenue Officer of GitLab Inc. (GTLB), sold 3,652 shares of Class A common stock on March 16, 2026. The shares were disposed to satisfy tax obligations tied to the vesting of restricted stock units (RSUs), generating about $82,718 at a weighted average price of $22.65 per share.
  • This transaction is a tax-withholding sale (code F), a routine disposition that follows RSU vesting rather than an open-market investment decision.

Key Details

  • Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (appears timely).
  • Price: weighted average $22.65; actual sale prices ranged from $22.43 to $22.91 across multiple trades (per footnote).
  • Shares disposed: 3,652; total proceeds ≈ $82,718.
  • Reason: tax withholding on vested RSUs (Footnote F1 explains the sale was to satisfy tax obligations).
  • Holdings after transaction: the filing excerpt does not list a total post-transaction share count; footnote F3 notes the reporting includes Class A shares that have not yet vested.
  • No indication of a 10b5-1 plan or other special plan in the provided footnotes.

Context

  • This was a cashless-type sale to cover taxes on vested RSUs (common practice for executives). Such transactions are routine and do not necessarily indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-16
Steward Ian
Chief Revenue Officer
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2][F3]
    2026-03-16$22.65/sh3,652$82,718172,887 total
Footnotes (3)
  • [F1]Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of restricted stock units.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.43 to $22.91, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  • [F3]Includes shares of Class A Common Stock that have not yet vested.
Signature
/s/ Robin Schulman, Attorney-in-Fact for Ian Steward|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773795050.xmlPrimary

    FORM 4