Schulman Robin 4

4 · Gitlab Inc. · Filed Apr 30, 2026

AI-generated summary of this filing

Updated May 1, 2026

GitLab (GTLB) CLO Robin Schulman Receives Equity Awards

What Happened

Robin Schulman, Chief Legal Officer and Corporate Secretary of GitLab (GTLB), received equity awards on 2026-04-29 consisting of 78,836 time‑based restricted stock units (RSUs) and two derivative awards totaling 146,409 performance stock units (PSUs), for a combined 225,245 units. All awards are reported at $0 acquisition price (typical for RSU/PSU grants; no cash paid or sale occurred).
These are grants, not open‑market purchases or sales. The RSUs are time‑based and the PSUs are contingent on meeting performance criteria; actual shares will be delivered only if vesting and/or performance conditions are satisfied.

Key Details

Transaction date: 2026-04-29; Form 4 filed 2026-04-30 (filed one day after the grant).
Award amounts: 78,836 RSUs; 52,557 and 93,852 PSUs (total PSUs = 146,409); combined = 225,245 units. Reported acquisition price: $0.00.
Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for post‑transaction holdings.
Important footnotes / vesting rules:
- RSUs: time‑based RSUs vest quarterly over a three‑year period beginning June 15, 2026 (Quarterly Vesting Dates: June 15, Sept 15, Dec 15, March 15). (F1, F2)
- PSUs: each PSU is a contingent right to one share, subject to achievement of board‑set performance metrics; amounts reported reflect "target" achievement. PSUs vest over three years: one‑third vests upon certification of performance and the remaining two‑thirds vest quarterly thereafter; unachieved portions may expire. (F3–F7)
No indication in this filing of tax withholding, 10b5‑1 plan, or immediate sale of shares.

Context

RSUs are time‑based awards that convert to shares if the employee remains with the company through vesting dates. PSUs depend on company performance — they only convert to shares if specific metrics are met and certification occurs.
These grants are routine long‑term compensation for executives and do not represent a cash purchase or sale. They are informative about compensation structure but do not alone indicate insider buying or selling sentiment.

Form 4

Period: 2026-04-29

Chief Legal Officer & Corp Sec

Transactions

Award
Class A Common Stock
[F1][F2]
2026-04-29+78,836→ 210,420 total
Award
Performance Stock Units
[F3][F4][F5][F6]
2026-04-29+52,557→ 52,557 total
→ Class A Common Stock (52,557 underlying)
Award
Performance Stock Units
[F3][F4][F7][F6]
2026-04-29+93,852→ 93,852 total
→ Class A Common Stock (93,852 underlying)

Footnotes (7)

[F1]Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable Quarterly Vesting Date. The RSUs shall be satisfied over a three-year period beginning June 15, 2026. "Quarterly Vesting Date" means each of June 15, September 15, December 15, and March 15.
[F2]Includes shares of Class A Common Stock that have not yet vested.
[F3]Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock, subject to the achievement of certain performance criteria and the reporting person's continued service to the Company on each applicable vesting date following such achievement.
[F4]The number of PSUs in this column represents the number of shares of Class A Common Stock the reporting person will receive assuming achievement at the "target" level of the corporate performance metrics set by the Company's Board of Directors for this award.
[F5]The PSUs will vest over 3 years with 1/3rd vesting upon certification of performance criteria and the remaining 2/3 will vest quarterly thereafter.
[F6]If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire.
[F7]The PSUs will vest in tranches upon certification of achievement of performance criteria for each tranche.

Signature

/s/ Robin Schulman|2026-04-30

1 file