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Gitlab(GTLB.US) 10% Shareholder Sells US$3.08 Million in Common Stock

moomoo News · Apr 17 16:53

GTLB +1.82%

$Gitlab (GTLB.US)$ 10% Shareholder Sijbrandij Sytse sold 56,000 shares of common stock on Apr 15, 2024 at an average price of $54.92 for a total value of $3.08 million.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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