Staples William 4
4 · Gitlab Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
GitLab (GTLB) CEO William Staples Buys 6,010 Shares
What Happened
William (Bill) Staples, CEO of GitLab Inc. (GTLB), made open-market purchases on March 31, 2026, acquiring a total of 6,010 Class A shares for approximately $128,343. The purchases break down to 5,069 shares at a weighted-average price of $21.30 (about $107,970) and 941 shares at a weighted-average price of $21.65 (about $20,373). These were purchases (Code P), which are generally a bullish signal compared with sales, though no motive is stated.
Key Details
- Transaction date: 2026-03-31 (filed on 2026-04-01) — filing appears timely.
- Prices and totals:
- 5,069 shares @ $21.30 (weighted avg) = $107,970. Range reported: $20.62–$21.56 (F2).
- 941 shares @ $21.65 (weighted avg) = $20,373. Range reported: $21.62–$21.69 (F3).
- Combined spend ≈ $128,343.
- Transaction type: Open-market purchases (Code P). Executed under a Rule 10b5-1 trading plan entered 9/25/2025 (F1).
- Shares owned after transaction: Not provided in the details you supplied — see the full Form 4 filing for post-transaction holdings and any unvested shares note (F4).
- Footnotes: F1 = 10b5-1 plan; F2/F3 = weighted-average prices with price ranges and an undertaking to provide per-price breakdown on request; F4 notes inclusion of unvested Class A shares (as applicable).
Context
These were pre-arranged purchases under a 10b5-1 plan, which allows insiders to buy/sell according to a preset schedule and can limit what the trades imply about current inside knowledge. For retail investors, purchases by a CEO can be noteworthy, but 10b5-1 execution means the trades may have been planned earlier and do not necessarily reflect new company-specific information. For full ownership details and exact per-trade prices, consult the linked Form 4 (Accession 0001653482-26-000044).
Insider Transaction Report
- Purchase
Class A Common Stock
[F1][F2]2026-03-31$21.30/sh+5,069$107,970→ 343,710 total - Purchase
Class A Common Stock
[F1][F3][F4]2026-03-31$21.65/sh+941$20,373→ 344,651 total
Footnotes (4)
- [F1]This transaction was executed pursuant to a trading purchase plan entered into by the reporting person on September 25, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.62 to $21.56, 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 2 and footnote 3.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.62 to $21.69, inclusive.
- [F4]Includes shares of Class A Common Stock has have not yet vested.