Gitlab Files Routine 8-K on Jan 18, 2024; No New Material Info

TL;DR

**Gitlab filed a routine 8-K on Jan 18, 2024, with no new material news.**

AI Summary

Gitlab Inc. filed an 8-K on January 18, 2024, primarily to disclose information under Regulation FD and to include financial statements and exhibits. This filing is a routine update, confirming Gitlab's Class A Common Stock (GTLB) is registered on The Nasdaq Stock Market LLC. For investors, this filing is a standard procedural update and does not contain new material financial or operational news that would immediately impact the stock price, indicating business as usual.

Why It Matters

This filing is a standard procedural disclosure, indicating no immediate new financial or operational news for Gitlab Inc. that would typically move the stock.

Risk Assessment

Risk Level: low — This 8-K is a standard, non-event filing and does not introduce any new risks or concerns for investors.

Analyst Insight

A smart investor would note this as a routine administrative filing and not expect any immediate stock price movement. It's a 'no news is good news' scenario, suggesting business continuity.

Key Players & Entities

• Gitlab Inc. (company) — the registrant filing the 8-K
• The Nasdaq Stock Market LLC (company) — the exchange where Gitlab's Class A Common Stock is registered
• January 18, 2024 (date) — date of earliest event reported and filing date
• 001-40895 (other) — Commission File Number for Gitlab Inc.
• GTLB (other) — trading symbol for Gitlab Inc. Class A Common Stock

FAQ

Key Financial Figures

• $0.0000025 — stered Class A Common Stock, par value $0.0000025 per share GTLB The Nasdaq Stock Market
• $450,000 — 024. Ms. Farmer's annual salary will be $450,000 and will be eligible to receive bonus c

Filing Documents

• gtlb-20240118.htm (8-K) — 33KB
• exhibit991-sabrinafarmerpr.htm (EX-99.1) — 7KB
• image.jpg (GRAPHIC) — 153KB
• 0001628280-24-001701.txt ( ) — 356KB
• gtlb-20240118.xsd (EX-101.SCH) — 2KB
• gtlb-20240118_lab.xml (EX-101.LAB) — 19KB
• gtlb-20240118_pre.xml (EX-101.PRE) — 10KB
• gtlb-20240118_htm.xml (XML) — 2KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On January 17, 2024, the Board of Directors of GitLab Inc. (the " Company ") appointed Sabrina Farmer as the Company's Chief Technology Officer, effective January 18, 2024. Ms. Farmer's annual salary will be $450,000 and will be eligible to receive bonus compensation under the Company's Bonus Plan with a target cash bonus of 60% of her annual salary. Any bonus payment made for the current fiscal year will be prorated based upon her start date. Ms. Farmer will also be entitled to payments and benefits on termination of employment or upon a termination in connection with a change of control consistent with our other executive officers, as described in our definitive proxy statement filed on May 15, 2023. Ms. Farmer most recently served as Google's Vice President of Engineering from June 2019 to January 2024. Previously, from January 2005 to June 2020, Ms. Farmer served in various roles of increasing responsibility at Google. Ms. Farmer earned her bachelor's of science degree in computer science from the University of New Orleans. Ms. Farmer will enter into the Company's standard form of officers' indemnification agreement with the Company, pursuant to which the Company agrees to indemnify its officers to the fullest extent permitted by applicable law and subject to certain conditions to advance expenses in connection with proceedings as described in the indemnification agreement. The form of indemnification agreement is attached as Exhibit 10.1 to the Company's Registration Statement on Form S-1 (File No. 333-259602), filed with the Securities and Exchange Commission on September 17, 2021. There are no arrangements or understandings between Ms. Farmer and any other persons, pursuant to which she was appointed as Chief Technology Officer. There are also no family relationships between Ms. Farmer and any director or executive officer of the Company, nor does Ms. Farmer have a direct or indirect material interest in any transa

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release issued by GitLab Inc. announcing the appointment of Ms. Farmer as GitLab Inc.'s Chief Technology Officer dated January 18, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GitLab Inc. Dated: January 18, 2024 By: /s/ Brian Robins Brian Robins Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR