Gitlab Inc. SEC Filings

AQR Capital Management Holdings, LLC and its subsidiary AQR Capital Management, LLC reported beneficial ownership of 8,668,938 shares of GitLab Inc. Class A common stock, representing 5.65%. The filing shows shared voting power of 8,333,907 shares and shared dispositive power of 8,668,938.

The statement is a Schedule 13G disclosure that identifies the reporting entities, their principal address, and CUSIP 37637K108. The filing is signed by an authorized signatory and notes that AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC.

GitLab Inc. expects its first quarter of fiscal 2027 results to be in line with guidance previously issued on March 3, 2026, and it is reaffirming its full‑year fiscal 2027 outlook. Final first‑quarter results and updated guidance will be discussed on an earnings call scheduled for June 2, 2026.

The company is launching a restructuring and global workforce reduction plan to realign its operations for what it calls the “agentic era” of AI. GitLab plans to cut its country footprint by about 30%, flatten management layers, reorganize R&D into roughly 60 smaller, more autonomous teams, and use AI agents to automate internal processes. Management says most savings are expected to be reinvested into strategic growth and AI infrastructure, while introducing new operating principles focused on speed, ownership, and customer outcomes.

Mundy Simon reported acquisition or exercise transactions in this Form 4 filing.

Gitlab Inc. reported that Chief Accounting Officer Simon Mundy received a grant of 17,592 time-based restricted stock units (RSUs) of Class A Common Stock on April 30, 2026. Each RSU represents a contingent right to one share, vesting quarterly over three years beginning June 15, 2026. Following this grant, Mundy directly holds 62,635 shares of Class A Common Stock, including shares that have not yet vested.

GitLab Inc. will hold its 2026 annual stockholder meeting virtually on June 17, 2026 at 8:30 a.m. Pacific Time. Stockholders will vote on electing two Class II directors to terms ending in 2029, ratifying KPMG LLP as independent auditor for the year ending January 31, 2027, and approving on a non-binding advisory basis compensation for named executive officers. Each Class A share carries one vote and each Class B share ten votes, with 152,478,438 Class A and 16,373,405 Class B shares outstanding on the April 21, 2026 record date. The board, which has a majority of independent directors and a lead independent director, recommends voting FOR all proposals. GitLab reports fiscal 2026 revenue of $955.2 million, up 26% year-over-year, with GAAP operating margin of -7%, non-GAAP operating margin of 17%, and a dollar-based net retention rate of 118%, which help frame its pay-for-performance executive compensation program using cash incentives, RSUs, and performance stock units.

Steward Ian reported acquisition or exercise transactions in this Form 4 filing.

Gitlab Inc. Chief Revenue Officer Ian Steward received equity awards in the form of Class A common stock and performance-based units. He was granted 197,090 time-based restricted stock units, each representing one share, which will be satisfied over three years beginning on June 15, 2026 with quarterly vesting dates.

He also received 234,631 and 131,393 performance stock units, each contingently convertible into one share of Class A common stock. These PSUs are tied to achievement of corporate performance criteria and continued service, with one-third vesting upon certification of performance and the remaining two-thirds vesting quarterly thereafter; unearned portions expire if performance criteria are not met. Following these grants, he directly holds 369,977 shares of Class A common stock, including unvested shares.

Padisetty Sivaprasad reported acquisition or exercise transactions in this Form 4 filing.

GitLab Inc. Chief Technology Officer Padisetty Sivaprasad reported an equity compensation award in the form of performance stock units. He received 234,631 PSUs, each representing a contingent right to one share of Class A Common Stock at no purchase price.

The number of PSUs reflects the “target” level set by the board’s corporate performance metrics. These PSUs vest in tranches only after the company certifies that specific performance criteria are achieved and the executive remains in service on each vesting date; unearned portions expire if targets are not met.

Gitlab Inc. reported that Chief Financial Officer Jessica P. Ross received a grant of 93,852 Performance Stock Units (PSUs). Each PSU represents a right to receive one share of Class A Common Stock if specific performance goals are met and she remains employed through the applicable vesting dates.

The PSUs are tied to corporate performance metrics set by the board and are described as a "target" level award. They vest in tranches when achievement of the relevant performance criteria is certified, and any portion tied to targets that are not achieved will expire instead of converting into shares.

Schulman Robin reported acquisition or exercise transactions in this Form 4 filing.

Gitlab Inc. Chief Legal Officer Robin Schulman received new equity awards in the form of restricted stock units and performance stock units. She was granted 78,836 time-based RSUs, each representing one share of Class A Common Stock, bringing her direct Class A holdings to 210,420 shares, including unvested shares.

The RSUs vest over three years beginning on June 15, 2026, with vesting on each Quarterly Vesting Date of June 15, September 15, December 15, and March 15. Schulman also received two PSU awards covering 93,852 and 52,557 units, each tied to specific performance criteria and continued service. PSUs vest in tranches upon certification of performance, with one-third vesting at certification and the remaining two-thirds vesting quarterly; unearned portions tied to unmet performance criteria expire.