GitLab CFO Brian Robins sold 45,000 shares at $53.04 on 2025-05-13; prior GTLB trades 5 of 5 well-timed with negative 90-day returns
CFO Brian Robins sold 45,000 shares (a -11.6% reduction) at $53.04 on 2025-05-13 when the stock was +18.7% over the prior 30 days but -23.6% over 90 days, now trading at $51.81 or -29.2% from its 52-week high. His prior five trades at GitLab show a notable pattern: all five prior sells were well-timed at the 90-day mark, with each followed by negative returns ranging from -8.0% to -34.7% in the 90-day period after sale. While his broader cross-ticker track record of 20 prior sells shows more modest timing accuracy (35% well-timed at 90 days), his GitLab-specific selling pattern is consistent and successful. The company itself generated $196.0M in latest-quarter revenue (+30.9% annual growth) and $29.6M in net income, though it was unprofitable on a full-year basis. This sale reflects his same established pattern at this ticker rather than a fundamental shift in conviction.