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Gitlab | 4: Statement of changes in beneficial ownership of securities-Officer Sijbrandij Sytse

SEC announcement ·  Mar 20 08:03
Summary by Futu AI
Gitlab Inc. CEO Sijbrandij Sytse completed a series of transactions involving the company's Class A Common Stock, as reported in recent filings. On March 15, 2024, Sytse sold 221,306 shares at a price of $53.57 per share and an additional 8,694 shares at $54.21 each. Following these sales, Sytse's holdings were reduced to 8,694 shares. On March 18, 2024, the CEO disposed of the remaining 75,000 shares at $55.19 per share, leaving him with zero shares held indirectly by trust. The total market value of the disposed shares amounted to $16,465,914.16. These transactions reflect a complete divestment of Sytse's indirect holdings in Gitlab over the course of these dates.
Gitlab Inc. CEO Sijbrandij Sytse completed a series of transactions involving the company's Class A Common Stock, as reported in recent filings. On March 15, 2024, Sytse sold 221,306 shares at a price of $53.57 per share and an additional 8,694 shares at $54.21 each. Following these sales, Sytse's holdings were reduced to 8,694 shares. On March 18, 2024, the CEO disposed of the remaining 75,000 shares at $55.19 per share, leaving him with zero shares held indirectly by trust. The total market value of the disposed shares amounted to $16,465,914.16. These transactions reflect a complete divestment of Sytse's indirect holdings in Gitlab over the course of these dates.
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