Summary by Futu AI
Brian Robins, an officer of Gitlab Inc., plans to sell 20,000 shares of common stock on 01/02/2025. The aggregate market value of the shares to be sold is $1,127,000. These shares were acquired through the exercise of stock options on the same date, with cash payment made to the issuer.This transaction is part of a pre-planned sale, as indicated by the plan adoption date of 12/27/2023. Over the past three months, Robins has sold a total of 26,666 shares, generating gross proceeds of $1,621,486.51. Previous sales include 10,000 shares on 12/09/2024 for $675,871 and 16,666 shares on 11/01/2024 for $945,615.51.The planned sale represents a continuation of Robins' recent trading activity in Gitlab stock. Investors should note that this transaction is scheduled for future execution and may be subject to change based on market conditions or other factors.