GitLab Co-Founder Sells $2.4 Million Worth of Class A Shares
GitLab co-founder Sytse Sijbrandij sold 116,200 Class A shares for approximately $2.4 million on April 15, 2026, reducing his direct and indirect economic interest in Class A to zero. The shares were sold via a trust and converted from Class B common stock prior to the transaction. Sijbrandij still holds a significant number of Class B shares, which remain convertible to Class A.
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Topics: executive ownership SEC filings share sales stock conversions