HENSHALL DAVID J 4

What Happened David J. Henshall, a director of GitLab Inc. (GTLB), was awarded 7,555 restricted stock units (RSUs) on 2026-06-17. The reported acquisition price is $0.00 (standard for RSU grants), so the grant's reported value at issuance is $0 on the Form 4. These RSUs convert to one share of GitLab Class A Common Stock per RSU upon vesting and were granted as non-employee board compensation — a routine, non-sale transaction rather than a purchase.

Key Details

• Transaction date: 2026-06-17; Report filed with SEC: 2026-06-22 (appears late relative to the typical two-business-day Form 4 deadline).
• Shares/units acquired: 7,555 RSUs at $0.00 (total reported consideration $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — annual RSU grant for non-employee board service; RSUs vest on the earlier of the next annual meeting or one year from grant, subject to continued service. F2 — the reported shares include Class A shares that have not yet vested.
• Transaction type code: A (Award/Grant).

Context RSUs are a form of equity compensation that give the holder a right to receive shares upon meeting vesting conditions; no cash was exchanged at grant and these units are unvested at issuance. Such grants to directors are common as compensation for board service and do not necessarily signal the insider's view of the stock. Note the filing date is five days after the transaction date and later than the usual two-business-day deadline for Form 4s, which reduces near-term transparency and can be a reporting compliance issue.