SULLIVAN GODFREY 4

What Happened Sullivan Godfrey, a member of GitLab Inc.'s board of directors, was granted 7,555 restricted stock units (RSUs) on June 17, 2026. The Form 4 reports an acquisition price of $0.00 per RSU (transaction code A — Award/Grant), resulting in a reported acquisition value of $0. The grant is described as an annual RSU award for non-employee board service and is not a market purchase or sale.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (5 days after the transaction).
• Reported price: $0.00 per RSU; reported total acquisition value: $0.
• Shares acquired: 7,555 RSUs (each RSU converts to one share of Class A common stock upon vesting).
• Shares owned after transaction: not specified on the Form 4.
• Footnotes: F1 — annual non-employee director RSU grant; F1 details vesting: RSUs fully vest on the earlier of (1) the next annual stockholder meeting or (2) one year after grant, subject to continued service. F2 — these include unvested Class A shares.
• Timeliness: The Form 4 was filed 5 days after the transaction date and appears to be later than the standard 2-business-day filing window for Form 4s.

Context RSU grants to directors are common compensation and represent a right to receive shares upon vesting; they are not an immediate cash purchase or sale and do not necessarily signal a trading view. The awarded RSUs will convert to shares only if the vesting conditions are met (continued service and the vesting date described above).