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Gitlab(GTLB.US) 10% Shareholder Sells US$16.87 Million in Common Stock

Moomoo News ·  Nov 20 17:53

$Gitlab (GTLB.US)$ 10% Shareholder Sijbrandij Sytse sold 280K shares of common stock on Nov 18, 19, 2024 at an average price of $60.26 for a total value of $16.87 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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