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GTLB - Gitlab Inc.

Insider Sale by Sijbrandij Sytse (Dir)

1 Month
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Trade Summary

2 days ago, Sijbrandij Sytse, serving as Dir at Gitlab Inc. (GTLB), sold 116,200 shares at $20.77 per share, for a total transaction value of $2,413,474.00.

This sale represents a 100.00% decrease in Sijbrandij Sytse's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, April 15, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, April 16, 2026, 1 day after the trade was made.

Gitlab Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Sijbrandij Sytse

Dir

Sytse "Sid" Sijbrandij (pronounced “see-brandy”) is the co-founder and Executive Chair of GitLab Inc. (GTLB), a comprehensive AI-powered DevSecOps platform, having served as CEO from 2012 to 2024.[[1]](https://sytse.com/about-sid/)[[2]](https://www.frederick.ai/blog/sid-sijbrandij-gitlab)[[4]](https://www.clay.com/dossier/gitlab-ceo) He recently traded as a Director (10%), reflecting his ongoing insider role at the company.[user query context] Born and raised in the Netherlands, Sid earned an M.S. in Management Science from the University of Twente and built a diverse career, including four years as Operational Director at U-Boat Worx developing recreational submarines, Lead Architect at Ministerie van Justitie on the Legis project, and self-taught Ruby programmer since 2007.[[1]](https://sytse.com/about-sid/)[[2]](https://www.frederick.ai/blog/sid-sijbrandij-gitlab)[[3]](https://www.binpress.com/podcast-5-sytse-sijbrandij-gitlab/)[[4]](https://www.clay.com/dossier/gitlab-ceo) In 2012, Sid discovered the open-source GitLab project, commercialized it, and led the company through Y Combinator's Winter 2015 batch, pioneering an all-remote work model that challenged industry norms and earned him recognition as one of Forbes' 'top business minds of the pandemic' for advocating remote work.[[1]](https://sytse.com/about-sid/)[[2]](https://www.frederick.ai/blog/sid-sijbrandij-gitlab) Under his leadership, GitLab grew to over 30 million users; he also founded Open Core Ventures as General Partner, serves as President of the Sijbrandij Foundation focusing on cancer treatment and clean energy, and is a Board Member of the GitLab Foundation.[[1]](https://sytse.com/about-sid/)[[4]](https://www.clay.com/dossier/gitlab-ceo) Now based in the San Francisco Bay Area, Sid continues shaping open-source, AI, and entrepreneurship.[[1]](https://sytse.com/about-sid/)

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Trade Price

$20.77

Quantity

116,200

Total Value

$2,413,474.00

Shares Owned

0

Trade Date

Wednesday, April 15, 2026

2 days ago

SEC Filing Date

Thursday, April 16, 2026

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Gitlab Inc.

Company Overview

No company information available
View news mentioning GTLB

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