SCHEDULE: Gitlab Founder Sytse Sijbrandij Maintains 10.7% Stake

Sytse Sijbrandij, Gitlab Inc.'s founder, reported beneficial ownership of 10.7% of the company's Class A Common Stock as of September 30, 2025.

Summary

• Sytse Sijbrandij, along with the Sytse Sijbrandij Revocable Trust and Sijbrandij Foundation LLC, collectively beneficially own 17,669,743 shares of Gitlab Inc.'s Class A Common Stock.
• This aggregate ownership represents 10.7% of the Issuer's outstanding Class A Common Stock as of September 30, 2025.
• Mr. Sijbrandij directly holds 1,500,000 stock options exercisable for Class B Common Stock, convertible to Class A.
• The Sytse Sijbrandij Revocable Trust, for which Mr. Sijbrandij is the sole trustee, directly owns 15,942,472 shares of Class B Common Stock, convertible to Class A.
• Sijbrandij Foundation LLC, where Mr. Sijbrandij and his wife serve on the board, directly owns 227,271 shares of Class A Common Stock.
• The percentage of class was calculated based on 147,900,000 shares of Class A Common Stock outstanding as of August 20, 2025, as reported in Gitlab's Form 10-Q filed on September 4, 2025.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership filing (Schedule 13G) and does not contain information that would significantly alter sentiment. It confirms the founder's substantial stake, which is generally viewed neutrally to positively.

Positives

• Significant beneficial ownership by the founder, Sytse Sijbrandij, and related entities, indicates strong alignment of interests with long-term company performance.

Industry Context

This filing is a routine disclosure of beneficial ownership by a key insider and does not provide specific industry context or trends. It primarily details the ownership structure of Gitlab's founder.

Related Party Transactions

• Sytse Sijbrandij's beneficial ownership includes shares held by the Sytse Sijbrandij Revocable Trust, of which he is the sole trustee, and Sijbrandij Foundation LLC, where he and his wife serve on the board of directors. These represent related party dealings in terms of ownership structure.

Stakeholder Impact

• Shareholders: Provides transparency regarding the significant ownership stake held by the company's founder and related entities, which can influence investor confidence and perception of management alignment.

Key Dates

Keywords

Gitlab, Sytse Sijbrandij, Beneficial Ownership, Insider Ownership, Class A Common Stock, Schedule 13G, Equity Stake, Corporate Governance