GitLab Director Matthew Jacobson Sells 334,827 Shares at $38.08 Average Price

This SEC Form 4 filing reports that Matthew Jacobson, a director of GitLab Inc. (GTLB), sold 334,827 shares of Class A Common Stock on December 19, 2025, at a weighted average price of $38.0789 per share. The shares were sold through ICONIQ Investment Holdings, LP, with transactions occurring at prices ranging from $37.89 to $38.38. Following this sale, Jacobson no longer holds any shares through this entity. The filing includes detailed ownership information showing Jacobson's indirect holdings through various ICONIQ Strategic Partners funds, totaling approximately 1.8 million shares across multiple entities. Jacobson disclaims beneficial ownership of the securities reported for Section 16 purposes, except to the extent of his pecuniary interest. The transaction represents a significant reduction in Jacobson's direct holdings through the ICONIQ Investment Holdings entity.