Form 4: Gitlab Director Sells Shares
Insider Transaction (Form 4)
Sytse Sijbrandij, a Director of Gitlab Inc., sold 2,116,200 shares of common stock on September 24, 2026.
Summary
- Open-market sale: disposed of 842,084 Class A Common Stock at $48.55 ($40,883,178) on September 24, 2026; holds 14,059,967 after (Indirect).
- Open-market sale: disposed of 138,626 Class A Common Stock at $49.12 ($6,809,309) on September 24, 2026; holds 13,921,341 after (Indirect).
- Open-market sale: disposed of 281,121 Class A Common Stock at $47.25 ($13,282,967) on September 25, 2026; holds 13,640,220 after (Indirect).
- Open-market sale: disposed of 424,369 Class A Common Stock at $48.08 ($20,403,662) on September 25, 2026; holds 13,215,851 after (Indirect).
- Open-market sale: disposed of 90,995 Class A Common Stock at $44.83 ($4,079,306) on September 28, 2026; holds 13,124,856 after (Indirect).
- Open-market sale: disposed of 295,460 Class A Common Stock at $46.08 ($13,614,797) on September 28, 2026; holds 12,829,396 after (Indirect).
- Open-market sale: disposed of 43,545 Class A Common Stock at $46.31 ($2,016,569) on September 28, 2026; holds 12,785,851 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $101,089,788 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Sytse Sijbrandij — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-24 | Open-market sale | Class A Common Stock | 842,084 | $49 | $40.9M | 14,059,967 |
| 2026-09-24 | Open-market sale | Class A Common Stock | 138,626 | $49 | $6.8M | 13,921,341 |
| 2026-09-25 | Open-market sale | Class A Common Stock | 281,121 | $47 | $13.3M | 13,640,220 |
| 2026-09-25 | Open-market sale | Class A Common Stock | 424,369 | $48 | $20.4M | 13,215,851 |
| 2026-09-28 | Open-market sale | Class A Common Stock | 90,995 | $45 | $4.1M | 13,124,856 |
| 2026-09-28 | Open-market sale | Class A Common Stock | 295,460 | $46 | $13.6M | 12,829,396 |
| 2026-09-28 | Open-market sale | Class A Common Stock | 43,545 | $46 | $2.0M | 12,785,851 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-24 | Open-market sale (842,084 shares) |
| 2026-09-24 | Open-market sale (138,626 shares) |
| 2026-09-25 | Open-market sale (281,121 shares) |
| 2026-09-25 | Open-market sale (424,369 shares) |
| 2026-09-28 | Open-market sale (90,995 shares) |
| 2026-09-28 | Open-market sale (295,460 shares) |
| 2026-09-28 | Open-market sale (43,545 shares) |
Keywords
insider transaction, Form 4, GTLB, Gitlab Inc., bearish, Sytse Sijbrandij
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