Eminence Capital Fully Exits Position in GitLab Inc. (GTLB)

Eminence Capital, LP and its CEO, Ricky C. Sandler, have filed a Schedule 13G/A (Amendment No. 1) with the SEC, reporting a 0% ownership stake in GitLab Inc. (GTLB). The filing, dated May 15, 2026, indicates that as of the event date on March 31, 2026, the reporting persons no longer beneficially own any shares of GitLab's Class A Common Stock. Previously, Eminence Capital served as the investment adviser to various funds and managed accounts that held positions in the company. The reporting persons have certified that the securities were originally acquired in the ordinary course of business and were not held for the purpose of influencing or changing the control of the issuer. This filing effectively serves as an exit notification, confirming that Eminence Capital and Mr. Sandler have fully liquidated their position in GitLab Inc. The issuer is noted as a remote-only company without a traditional physical headquarters, though a mailing address in San Francisco is provided for regulatory purposes.