Chief Legal Officer Schulman sold 9,251 shares of GTLB at $70.00 on 2025-01-28; holds 121,893 shares post-transaction.
Schulman Robin, Chief Legal Officer & Corporate Secretary, sold 9,251 shares (9.3K shares) at $70.00 on 2025-01-28 for $647,570.00 ($647.6K), reducing holdings by -7.1% to 121,893 shares. The sale price of $70.00 was 0.89% above the current price of $69.38 and 9.7% below the 52-week high of $77.60. This represents the third sale by this insider within the past month (sales on 2025-01-17, 2025-01-03, and 2025-01-02 preceded this transaction), indicating a pattern of regular equity reductions. GTLB's recent performance shows strong momentum with 30-day and 90-day returns of +23.1% and +21.8% respectively, though his prior two measurable same-ticker sales (2024-02-08 and 2024-01-30) each saw 90-day declines of -29.5% and -26.2%, demonstrating 100% well-timed outcomes on prior sales. The company reports revenue of $196,047,000.00 ($196.0M) for the latest quarter with +36.7% annual revenue growth, yet was unprofitable over its most recent full fiscal year. The FLAG notes this involves a derivative-conversion transaction; the insider's full position extends into Table II derivative securities not yet populated in the database, so this should be viewed as a partial sale of a specific batch rather than a position exit.