Summary by Moomoo AI
Sijbrandij Sytse, an insider at Gitlab, executed a series of stock transactions on December 16 and 17, 2024. The transactions involved both acquisition and disposal of Class A Common Stock through a trust.On December 16, the insider acquired 56,000 shares at $0 and subsequently sold 56,000 shares at prices ranging from $58.86 to $59.27. The following day, December 17, an additional 28,000 shares were acquired at $0 and immediately sold at $60.21 per share. The total number of shares disposed was 84,000, matching the number acquired.The cumulative market value of the disposed shares amounted to approximately $4.98 million. After these transactions, the insider's beneficial ownership through the trust was reduced to zero shares, indicating a complete divestment of the reported holdings.
