Bedi Sundeep 4

What Happened
Sundeep Bedi, a director of GitLab Inc. (GTLB), was granted 7,555 restricted stock units (RSUs) on 2026-06-17. The grant is reported as an Award/Grant (code A) at $0.00 per share (aggregate acquisition $0). The RSUs convert to Class A common shares upon vesting and are described as an annual non-employee board service grant.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22.
• Grant: 7,555 RSUs, price per unit $0.00; aggregate value at grant $0.
• Vesting: RSUs vest on the earlier of (1) the next annual stockholders’ meeting or (2) one year after the grant, subject to continued service (see footnote F1).
• Ownership after transaction: Not specified in the provided excerpt; footnote F2 notes that the total includes unvested Class A common stock.
• Timeliness: Filing was submitted five days after the transaction date; Form 4s are generally due within two business days, so this filing may be late.

Context
This was a routine director compensation award (RSUs) rather than a purchase or sale. RSU grants compensate non-employee directors and only convert into tradable shares upon vesting (subject to service conditions), so they do not alone imply an immediate trading or liquidity event.