Summary by Futu AI
The SYTSE SIJBRANDIJ REVOCABLE TRUST, associated with Gitlab Inc Class A as a Director, Officer, and 10% Stockholder, is set to sell 380,000 common shares of Gitlab on 01/16/2024. These shares, originally acquired as founders shares from the issuer on 08/28/2015, have an aggregate market value of approximately $23,392,800. This planned transaction follows a series of sales over the past three months, where a total of 1,774,716 shares were sold for gross proceeds of $108,819,655.85. The trust had adopted a plan or given instruction for the sale on 03/31/2023.