Sytse Sijbrandij

Director Sijbrandij sells 116,200 shares ($3.3M) at $28.44 blended under 10b5-1 plan; stock down 49.5% from 52-week high, company unprofitable.

Sytse Sijbrandij, a Director at GitLab Inc., executed two separate sales totaling 116,200 shares for $3,304,886.60 at a blended average price of $28.44, reducing his stake by 0.8%. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than a discretionary market decision. The broader context shows GTLB's stock at $26.47, representing a 49.5% decline from its 52-week high of $52.38, while the company remains unprofitable with a net loss of $4,972,000 in its latest quarter, though annual revenue growth stands at 25.8%. His same-ticker selling history at GTLB shows mixed outcomes: the two most recent sells on 2026-05-18 have posted 30-day returns of +6.2% and +9.9%, but earlier sells in 2026-02-17 and 2026-04-15 experienced 30-day declines of -21.6% and -19.3% post-trade. Because this is a scheduled 10b5-1 sale, the timing reflects plan mechanics rather than discretionary market timing, and the magnitude (116.2K shares against post-transaction holdings of 14.90M shares) represents a routine portfolio adjustment.

Director Sijbrandij sells 116,200 GTLB shares for $2.9M under 10b5-1 plan; retains 15.02M shares post-sale

Sijbrandij executed 2 separate sales totaling 116,200 shares for $2,887,800.72 on 2026-05-18 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 15.13M to 15.02M shares (a -0.8% reduction). The blended average sale price was $24.85, compared to the current price of $25.09. GTLB is trading -53.6% from its 52-week high of $54.08 and has delivered a 30-day return of +17.1%, though the company remains unprofitable with annual net income of $-8.3M against quarterly revenue of $244.4M. Because this transaction is part of a pre-arranged 10b5-1 plan, it reflects a scheduled execution rather than a discretionary market decision. His prior 5 trades at GTLB have shown mixed post-transaction returns, with outcomes ranging from -21.6% (30-day) to +13.9% (30-day), indicating no consistent directional pattern specific to this ticker.

Director Sijbrandij sells entire converted batch of 116.2K GTLB shares at $20.77; derivative conversion; stock -59.1% from 52-week high.

Director Sijbrandij converted and sold 116,200 shares of GitLab at $20.77 on 2026-04-15, reducing his open-market equity position to 0 shares; however, this represents a conversion of derivative securities and does not necessarily indicate a complete exit from his total beneficial position. His prior trades at GTLB show a strong historical pattern of favorable timing: 3 of 3 prior sales that have measurable 90-day outcomes resulted in declines (down 44.0%, 44.9%, and 41.7%), suggesting this director's selling decisions at this ticker have preceded subsequent stock weakness. The stock is currently trading at $21.83, down 59.1% from its 52-week high of $53.43 and down 36.1% over the trailing 90-day period. GitLab remains unprofitable on a full-year basis (net income of $-8.3M) despite strong annual revenue growth of 25.8%, creating a tension between growth trajectory and current earnings results that warrants monitoring alongside the pattern of insider sales.

Director Sijbrandij sold 54,300 shares ($1.5M) in 2 transactions; zero shares remain post-sale due to derivative conversion.

Director Sijbrandij executed two separate sales totaling 54,300 shares for $1,542,408.00 at an average price of $28.41 on 2026-02-17, coinciding with stock weakness: the stock has declined 15.1% over 30 days and 31.8% over 90 days from current levels, and is 59.5% below its 52-week high of $71.54. This transaction reflects a derivative-conversion event; the insider's actual position extends into Form 4 Table II (not yet populated in our database) and should not be interpreted as a complete position exit. At the same ticker (GTLB), Sijbrandij's four most recent measurable sales occurred when the stock subsequently fell 17.6%, 18.9%, 8.7%, and 7.1% over 30-day periods, and the one sale with a 90-day outcome fell 32.2%, indicating consistent pattern-matching with post-sale declines. The company remains unprofitable (net income: $-8.3M in the latest quarter; full-year loss last fiscal year) despite strong annual revenue growth of 30.9%, creating a backdrop of financial underperformance even as the business scales.

Director Sijbrandij sold all 54,300 shares at $35.96 blended average; stock now at $34.75 (-52.5% from 52-week high).

Director Sytse Sijbrandij executed 2 separate sales totaling 54,300 shares for $1,952,484.58 on 2026-01-14 at blended average price of $35.96, reducing holdings to zero shares. The timing occurs as GitLab trades near 52-week lows (52-week range $34.75–$73.14, currently at $34.75) and amid ongoing stock weakness (90-day change -23.3%, 30-day change -8.8%). His prior sells at this ticker show a mixed pattern: 4 of 5 measurable outcomes were negative in the 30-day window (-8.7%, -7.1%, -13.1%, -11.9%), though only 1 of 1 measurable 90-day outcome was well-timed. The company remains unprofitable on a full-year basis (net income $-8,276,000.00) despite solid revenue growth of 30.9% year-over-year, creating an asymmetric risk profile where growth must accelerate to reach profitability. This is a derivative-conversion transaction involving Form 4 Table II positions not yet populated in this database, so this sale represents a conversion of specific derivative securities rather than a liquidation of the total position.

Sijbrandij sells 54,300 GTLB shares for $2.1M (blended avg $38.95) vs current $37.87; stock down -24.3% (90d), -11.2% (30d)

Director Sytse Sijbrandij sold 54,300 shares across 2 separate transactions on 2025-12-15, totaling $2,114,904.00 at a blended average price of $38.95. Post-transaction, his Table I holdings fall to 0 shares, though the DERIVATIVE-CONVERSION flag indicates his full position may reside in Form 4 Table II derivative securities not yet populated. GTLB's stock has declined -24.3% over 90 days and -11.2% over 30 days from the transaction date, closing at $37.87 (down -48.2% from the 52-week high of $73.14). Fundamentally, the company posted $244.4M quarterly revenue with +30.9% annual growth but remains unprofitable ($-8.3M net income in the latest full year). Sijbrandij's prior sales at GTLB showed mixed 30-day outcomes (ranging -13.5% to +0.5%) with only 1 prior 90-day measurable result (-21.7%, well-timed). Given the stock's sharp 90-day pullback following the sale and the insider's generally positive cross-ticker timing record (68.75% well-timed rate on prior sells), the transaction appears to align with downward price movement, though the derivative conversion flag prevents framing this as a full position exit.

Director Sijbrandij sells 108,600 shares for $4,688,769.99; holds zero shares post-transaction

Sijbrandij, a Director at GitLab, executed 2 separate sales on 2025-11-17 totaling 108,600 shares for $4,688,769.99 at a blended average price of $43.17. The transaction eliminates his shareholdings entirely (from 108.6K shares to 0). While FACTS indicate this is a derivative-conversion transaction and the insider may retain positions in derivative securities not yet populated in the database, the elimination of common share holdings warrants attention. GitLab remains unprofitable (net income: $-9,208,000.00 in the latest quarter) despite strong annual revenue growth of +30.9%, and the stock trades 40.7% below its 52-week high, creating a mixed backdrop. At the same ticker, his prior 5 trades show mixed timing outcomes, with only 1 measurable 90-day result (well-timed: -0.0% return post-sale on 2025-08-18). Recent sales on 2025-10-15 and 2025-09-15 showed modest negative 30-day returns, though 90-day measurements remain incomplete.

Director Sytse Sijbrandij sells 108,600 shares in 2 trades at $44.10–$44.75 for $4,809,870.20; holdings zero post-transaction.

Sijbrandij executed 2 separate sales totaling 108,600 shares for $4,809,870.20 at a blended average price of $44.29, reducing his position to zero. This represents a complete exit from open-market holdings, though a FLAG indicates the filer's real position may include Table II derivative securities not yet populated in the database, so the apparent full liquidation should be read cautiously. The stock is currently at $48.27, above the transaction price by approximately 4%, suggesting the insider sold before a subsequent rally; however, his same-ticker history shows 5 prior sells with mixed outcomes (three that rose 9.7%–13.8% over 30 days in August, and two that fell 12.7%–13.5% over 30 days in September). His cross-ticker track record across 20 prior sells shows an average 90-day return of -15.5% with a 73.33% well-timed rate, indicating stronger execution discipline on other stocks. The company is revenue-growing (+30.9% annually, $236.0M latest quarter) but unprofitable ($-9.2M net income), placing the valuation and near-term trajectory in flux; the current price sits 34.0% below the 52-week high. Investors should examine whether this trade reflects scheduled or discretionary timing and whether the undisclosed derivative holdings materially alter the size of the insider's remaining stake.

GitLab Director Sijbrandij sells 108,600 shares for $5.4M; derivative conversion flag—position lives in Table II

Sijbrandij executed 2 separate sales totaling 108,600 shares for $5,444,696.18 at a blended average price of $50.14. The form 4 filing contains a derivative-conversion transaction, meaning the shares sold represent a conversion of derivative securities and do NOT constitute a complete exit of his economic position—his Table II derivative holdings are not yet populated in the database. At the same-ticker level, his prior 5 trades at GTLB show mixed near-term outcomes (30-day returns ranging from -7.1% to +13.8%), with 0 of those prior trades well-timed at the 90-day mark. His cross-ticker track record of 20 prior sells shows a 90-day well-timed rate of 86.67%, though average 90-day returns have been negative (-17.4%). The company generated $236.0M revenue (latest quarter) with 30.9% annual revenue growth but remains unprofitable (net income $-9.2M).

Director Sijbrandij sold all 108,600 shares across 3 trades for $4.9M at blended $45.16; now holds 0 shares via derivative conversion.

Sijbrandij executed 3 separate sales totaling 108,600 shares for $4,904,215.93 on 2025-08-18, liquidating his entire Table I position via a derivative-conversion transaction. The sales occurred at prices ($44.32–$45.98) near current levels ($44.27), with the blended average of $45.16 only $0.89 above the current price, suggesting limited immediate price deterioration post-trade. The timing relative to GitLab's fundamentals is noteworthy: the company remains unprofitable (net income $-35,875,000) despite strong annual revenue growth of +30.9%, and the stock is -39.5% from its 52-week high of $73.14, having declined -7.0% over 90 days. Sijbrandij's cross-ticker track record shows a 90-day well-timed rate of 87.50% on prior sells, though his same-ticker history at GTLB is mixed and offers limited forward predictive power given the derivative-conversion flag on this filing, which indicates his real position may reside in unconverted derivative securities not yet reflected in the database.