Gitlab’s Sijbrandij Sytse sells $1.95m in shares By Investing.com
Gitlab director Sijbrandij Sytse sold 54,300 shares of Class A Common Stock for approximately $1.95 million on January 14, 2026, as the company's shares traded near their 52-week low. Despite the recent stock weakness, GitLab has strong fundamentals with 88% gross profit margins and more cash than debt. This transaction follows recent analyst downgrades due to competitive pressures and execution issues, though the company also announced a new CTO and CFO.
https://au.investing.com/news/insider-trading-news/gitlabs-sijbrandij-sytse-sells-195m-in-shares-93CH-4209821