Schulman Robin 4
4 · Gitlab Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
GitLab CLO Robin Schulman Sells 7,839 Shares to Cover Taxes
What Happened Robin Schulman, GitLab's Chief Legal Officer and Corporate Secretary, sold 7,839 shares of GitLab Class A common stock on June 17, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs). The transaction generated approximately $213,926 in proceeds based on a weighted average sale price of $27.29 per share.
Key Details
- Transaction date: 2026-06-17; Form filed: 2026-06-22.
- Transaction type: Sale to cover tax withholding related to RSU vesting (code F).
- Shares sold: 7,839 shares; weighted average price reported: $27.29; prices in the sales ranged from $26.51 to $27.80.
- Reported proceeds: $213,926 (approximate).
- Shares owned after the transaction: not specified in the provided filing excerpt; filing footnote indicates the reported ownership number (where shown) includes unvested RSUs and shares from the Employee Stock Purchase Plan (ESPP).
- Filing timing: The Form 4 was filed five days after the transaction date (Jun 22 vs Jun 17), which appears to exceed the typical two-business-day Form 4 deadline and may be considered late.
Context This was a routine cashless sale to cover tax withholding on vested RSUs, not an open-market discretionary sale that necessarily signals a view on the company. Footnote disclosures confirm the sale was solely for tax obligations and that the weighted average price reflects multiple trades within the $26.51–$27.80 range.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2][F3]2026-06-17$27.29/sh−7,839$213,926→ 203,189 total
Footnotes (3)
- [F1]Represents shares of GitLab Inc.'s (the "Company") Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of a portion of a restricted stock unit award.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.51 to $27.80, 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. This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.