BOSTROM SUSAN L 4

What Happened

• Susan L. Bostrom, a director of GitLab Inc. (GTLB), was granted 7,555 restricted stock units (RSUs) on June 17, 2026. The award shows an acquisition at $0.00 (no cash paid at grant); the RSUs represent the right to receive one share per RSU upon vesting. This is an annual non-employee board compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-17. Transaction type: A (Award/Grant). Amount: 7,555 RSUs at $0.00.
• Vesting: RSUs vest on the earlier of the next annual stockholder meeting or one year from grant, subject to continued service (see footnote F1).
• Shares underlying these RSUs are unvested and included in reported holdings (footnote F2).
• Filing date: 2026-06-22 (the Form 4 was filed five days after the transaction date and appears to be late relative to the typical two-business-day reporting requirement).
• Shares owned after the transaction: not specified in the information provided on the Form 4.

Context

• RSU grants to non-employee directors are routine compensation and do not involve an immediate cash purchase or sale. The RSUs convert to actual shares only upon vesting, subject to continued board service. This award should be viewed as standard director pay rather than an active market trade.