Gitlab Inc.·4

Mar 30, 6:31 PM ET

BOSTROM SUSAN L 4

Research Summary

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GitLab (GTLB) Director Susan Bostrom Sells 32,500 Shares

What Happened Susan L. Bostrom, a director of GitLab Inc. (GTLB), sold a total of 32,500 shares in open-market transactions on March 27, 2026. The sales consisted of 10,000 shares at $20.45 (≈ $204,500) and 22,500 shares at $20.32 (≈ $457,200), for aggregate proceeds of about $661,700. These were disposals (sales), not purchases or option exercises.

Key Details

  • Transaction dates: March 27, 2026 (reported on Form 4 filed March 30, 2026). No late filing is indicated in the provided data.
  • Prices reported: Column 4 shows weighted-average prices; individual trades occurred in a range of $20.26 to $20.47 (footnote F1). The filing-stated prices were $20.45 and $20.32 for the two grouped sales.
  • Shares owned after the transaction: Not specified in the excerpt provided.
  • Footnotes: F1 clarifies the reported price is a weighted average and the reporting person can provide per-trade price details upon request. F2 notes holdings include Class A shares that have not yet vested.
  • Transaction type code: S = Sale (open-market/private sale).

Context

  • Sales by directors are often routine portfolio transactions and do not necessarily signal company prospects; this report is factual and should not be interpreted as insider knowledge of GitLab’s future performance.
  • If you track insider activity, purchases tend to be more informative about insider sentiment than routine sales.