Gitlab (NASDAQ: GTLB) director sells 32,500 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gitlab Inc. director Susan L. Bostrom reported selling a total of 32,500 shares of Class A Common Stock in open-market transactions on March 27, 2026. She sold 10,000 shares at a weighted average price of $20.45 and 22,500 shares at $20.32 per share. Following these sales, she directly holds 17,319 Class A shares, which include shares that have not yet vested. One sale was executed through multiple trades within a price range of $20.26 to $20.47.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,500 shares ($661,700)
Net Sell
2 txns
Insider
BOSTROM SUSAN L
Role
Director
Sold
32,500 shs ($662K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $20.45 | $205K |
| Sale | Class A Common Stock | 22,500 | $20.32 | $457K |
Holdings After Transaction:
Class A Common Stock — 39,819 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.26 to $20.47, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 1. Includes shares of Class A Common Stock has have not yet vested.
Key Figures
First sale size: 10,000 shares
First sale price: $20.45 per share
Second sale size: 22,500 shares
+4 more
7 metrics
First sale size
10,000 shares
Class A Common Stock sold March 27, 2026
First sale price
$20.45 per share
Weighted average price for 10,000-share sale
Second sale size
22,500 shares
Class A Common Stock sold March 27, 2026
Second sale price
$20.32 per share
Open-market sale price
Total shares sold
32,500 shares
Aggregate net-sell reported in transaction summary
Shares owned after
17,319 shares
Direct Class A holdings following transactions
Trade price range
$20.26–$20.47
Range for trades underlying weighted average price
Key Terms
Class A Common Stock, open-market sale, weighted average price, Form 4
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Gitlab (GTLB) director Susan Bostrom report?
Gitlab director Susan L. Bostrom reported selling 32,500 shares of Class A Common Stock in open-market transactions on March 27, 2026, at prices around $20 per share, as disclosed in a Form 4 insider trading report.