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.