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Gitlab | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 15 22:23
Summary by Moomoo AI
Gitlab Inc has announced that the SYTSE SIJBRANDIJ REVOCABLE TRUST, associated with Gitlab as a Director, Officer, and 10% Stockholder, is set to sell 305,000 common shares. The sale, scheduled for 03/15/2024, is valued at approximately $16,704,850. These shares were originally acquired as founders shares directly from the issuer on 08/28/2015. Over the past three months, the trust has sold a total of 949,716 shares, accumulating gross proceeds of $63,759,157.61. The upcoming transaction follows a pattern of substantial sales by the trust, reflecting significant activity in the trading of Gitlab's securities by one of its major stakeholders.
Gitlab Inc has announced that the SYTSE SIJBRANDIJ REVOCABLE TRUST, associated with Gitlab as a Director, Officer, and 10% Stockholder, is set to sell 305,000 common shares. The sale, scheduled for 03/15/2024, is valued at approximately $16,704,850. These shares were originally acquired as founders shares directly from the issuer on 08/28/2015. Over the past three months, the trust has sold a total of 949,716 shares, accumulating gross proceeds of $63,759,157.61. The upcoming transaction follows a pattern of substantial sales by the trust, reflecting significant activity in the trading of Gitlab's securities by one of its major stakeholders.
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