Steward Ian 4

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.